I guess I'm about 75% neoliberal then, except when you get to laissez faire economics.  it just doesn't take into account the factor (x) of human greed.  It's everpresent and incalculable, and it has always proven laissez faire misjudged it.  I think in real life, you can leave the markets on their own to a certain degree, but once the balance of pay to the top vs. the bottom where the production actually happens gets too disparate, the market will get more value from the trading inflation than revenue dividends, and that's when it's on its way to failure.  The simplest solution is to make a middle class that can consume at the same rate of production, otherwise the mass-production model(i.e. g.m.,ford,chrysler) will implode on itself because there are not enough consumers in the market.

Chris

by chrisandyasemin on 12/03/2008 10:57:19 PM EST

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