“You cannot reward failure and punish success and increase innovation and the quality of life. It has never worked” – And is not working now
“You cannot reward failure and punish success and increase innovation and the quality of life. It has never worked”
That’s true. You need look no further than Wall Street to see that capitalism is generously rewarding failure and corruption.
Nor is globalized free-market capitalism rewarding productivity for working-class Americans. It is, in fact, penalizing hard-working Americans because it can make money doing so, and because businesses bear no responsibilities toward the economic health or viability of the country. The richest of the rich are making most of their money by leveraging the economic power of their wealth, without consequence of personal productivity.
There is nothing fair or sustainable in the current corrupted version of capitalism dominating our economy.
Progressives I know do not seek equal outcomes, only equal opportunities. Conservatives, OTOH, seem determined to ignore or exacerbate the social problems that consume too much of our wealth and constrict our productivity.
Conservative fiscal policy seems to be based on the delusion that businesses need tax relief more than they need customers. Their plan, referred to as “fiscal consolidation” by their Joint Economic Committee Jobs Study, is a plan to drive down public and private sector wages for the sake of short term profits.
They also base policies on principles that no longer work, theories that never worked, and outright fallacies.
Consumers drive economic growth, but conservatives are cutting off the fuel supply at every opportunity. Maybe once they’ve driven 95% of America into poverty, they will get a clue.
More on Democrats
Read the Article at HuffingtonPost
Over the past few years, I have likened the ideological divide to a political civil war. The Democrats still embrace the Federalist view of government while the republicans now embrace the anti-Federalist perspective.
“The accumulation of all powers, legislative, executive, and judiciary, in the same hands, whether of one, a few, or many, and whether hereditary, self-appointed, or elective, may justly be pronounced the very definition of tyranny.”
James Madison, Federalist 47
The country cannot function with this much conservative extremism and hostility. The checks and balances have all broken down. The country is in decline. The political conversation has become all about picking sides and bundled agendas. We are facing a Constitutional crisis.
We need a major event. Something to rally around. Something that can push us past the propaganda. Something that can be used to make us take a serious look at ourselves and our future.
9/11 involved an external threat. It was irrelevant to a constitutional crisis.
We have two diverging interpretations of the Constitution. The liberal view is a more principled interpretation, which has benefited the general welfare of the country far better but still needs better definition of it’s limitations. The conservative view is a more literal interpretation, which is more appropriate to a sparsely populated isolationist society with an agrarian economy. Conservative policies have done real harm to this country for decades, and threaten to make our current problems insurmountable.
We need an event that will lead to something like a town hall constitutional convention. A widespread and in-depth public conversation on what we want and need the Constitution to mean. Only then can we decide with confidence how we want to enforce or amend it.
Ignoring the Constitution, or pretending it says something it does not, are not options in a nation of laws.
- Madison rocked by impasse, protests (politico.com)
“He’s also signed into law tax cuts for businesses that relocate to Wisconsin”
“The competitions of commerce would be another fruitful source of contention. The States less favorably circumstanced would be desirous of escaping from the disadvantages of local situation, and of sharing in the advantages of their more fortunate neighbors. Each State, or separate confederacy, would pursue a system of commercial policy peculiar to itself. This would occasion distinctions, preferences, and exclusions, which would beget discontent. The habits of intercourse, on the basis of equal privileges, to which we have been accustomed since the earliest settlement of the country, would give a keener edge to those causes of discontent than they would naturally have independent of this circumstance. WE SHOULD BE READY TO DENOMINATE INJURIES THOSE THINGS WHICH WERE IN REALITY THE JUSTIFIABLE ACTS OF INDEPENDENT SOVEREIGNTIES CONSULTING A DISTINCT INTEREST. The spirit of enterprise, which characterizes the commercial part of America, has left no occasion of displaying itself unimproved. It is not at all probable that this unbridled spirit would pay much respect to those regulations of trade by which particular States might endeavor to secure exclusive benefits to their own citizens. The infractions of these regulations, on one side, the efforts to prevent and repel them, on the other, would naturally lead to outrages, and these to reprisals and wars.”
The Founders understood the dangers of pitting one state against another. A lesson the republicans have failed to learn.
Read the Article at HuffingtonPost
“In exchange for bearing more costs and losing leverage, public employees were promised no furloughs or layoffs. Walker has threatened to order layoffs of up to 6,000 state workers if the measure did not pass.”
This sort of tyrannic abuse of power over workers is what necessitated unions in the first place. This action more closely resembles communism than free-market capitalism. Gives new meaning to “The Badger State.”
I guess this is one way to shrink the size of government – deep pay cuts and no performance pay will eventually drive all the good workers away. A good way to discourage professionalism and encourage corruption…
As fewer people can afford to work for the state of Wisconsin, state services will dwindle – including quality education. Citizens will find it an unpleasant place to live, and businesses will find few well-educated workers to employ. But what are employees and customers when you get all those tax breaks.
Wisconsin is taking the lead in the race to the bottom.
Read the Article at HuffingtonPost
- Wisconsin Governor Caused Crisis He Now Wants To “Solve” On The Backs Of Public Servants (alan.com)
- Wis. GOP poised to cut worker rights in budget fix (seattletimes.nwsource.com)
- Wisconsin Workers Fight Back Against Union-Busting Bill (news.change.org)
- Wisconsin Gov. Scott Walker Is Faking Fiscal Problems To Bust Unions (oliverwillis.com)
- Wisconsin Gov. Scott Walker Unfairly Demonizes Teachers (usnews.com)
- Wis. assembly speaker plans vote on union bill (msnbc.msn.com)
- Scott Walker, Wisconsin Republicans’ Plan To Cut Worker Rights Draws Powerful Protests (huffingtonpost.com)