Saturday, February 06, 2010

Handouts

This is an excellent article on the 'free market' myth by Stephen Lendman. It also goes into a brief history of government handouts for business.

A quote from the late Howard Zinn in the article sums it up quiet nicely:

Let's face a historical truth: we have never had a 'free market,' we have always had government intervention in the economy, and indeed that intervention has been welcomed by the captains of finance and industry. These titans of wealth hypocritically warned against 'big government' but only when (it) threatened to regulate their activities, or when it contemplated passing some of the nation's wealth on to the neediest people.

No comments: