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And with a wave of her magic wand and the enunciation of the magic words "Ceteris Paribus", the Free Market Fairy made hookworm in Alabama disappear.
by kingraoul3 9y ago
And with a wave of her magic wand and the enunciation of the magic words "Ceteris Paribus", the Free Market Fairy made hookworm in Alabama disappear.
- ThomPete 9y agoThere is a big difference between just saying deep poverty and then qualifying what leads to this deep poverty. Just saying poverty is the cop out here trying to qualify what drives this problem offers at least a way to look at the problem that doesn't end in tax the rich as that will not solve the deep poverty problem.
- kingraoul3 9y agoMeanwhile, in the real world, it is the demand of Capital to grow at %6 a year regardless of the health of the overall economy that is fueling the attacks on the social safety net.
- ThomPete 9y agoThat demand is by design and is the price of a stable economy and is followed by more or less every country in the developed world. Even in countries like Denmark (which is where I am originally from) and who have high taxes and a high degree of redistribution of wealth, you will find people who are poor and homeless. Add to that the discussion about relative poverty and you will have a problem that can never be solved unless you give everyone one exactly the same.