{"id":287,"date":"2008-09-28T09:39:13","date_gmt":"2008-09-28T16:39:13","guid":{"rendered":"http:\/\/jerrysjuicebar.com\/blog\/?p=287"},"modified":"2008-09-28T09:39:13","modified_gmt":"2008-09-28T16:39:13","slug":"capitalism-and-free-market-economics-looking-for-pr-help","status":"publish","type":"post","link":"https:\/\/jerrysjuicebar.com\/blog\/?p=287","title":{"rendered":"Capitalism and Free Market Economics Looking for PR Help"},"content":{"rendered":"

Capitalism and free market economics are in a world of hurt.<\/p>\n

They just begged us for 700 billion.\u00a0 Doesn’t quite jive with the “free markets are the fairest, most efficient …” fill in the blank.<\/p>\n

\"\"<\/a>To their credit, there are hard core conservatives and libertarians standing their ground, effectively telling the financial markets to pound sand.\u00a0 Personally, I don’t think that’s helping their cause.\u00a0 For me, it conjures up the scene in Dr. Strangelove where Bradley rides the bomb bronco-style into oblivion.<\/p>\n

There’s Senator Shelby<\/a><\/strong>, thumping a list of names of economists who say all this talk of bailout won’t work.\u00a0 All that while we’re looking down the last rungs of Dante’s financial inferno.<\/p>\n

Indeed, the conservative’s case had become so bad that their bugaboo in preventing them from supporting the bailout package was possible benefit to ACORN<\/a><\/strong> — a liberal community organizing group.\u00a0 This, while the brunt of the bailout was for financial institutions and Wall Street firms that helped got us into this into our mess in the first place.<\/p>\n

Go figure.<\/p>\n

Capitalism and the free market philosophy that underpins it are in a world of ideological hurt.\u00a0 The events of the last few months have caused folks throughout the world — many of whom were skeptical of capitalism in the first place — to say they’ve had enough.\u00a0 The Wall Street Journal article headlines “Crisis Stirs Critics of Free Markets<\/a><\/strong>.”\u00a0 The New York Times, “Criticizing Capitalism From the Pulpit<\/a><\/strong>.”<\/p>\n

The ghosts of Adam Smith and Milton Friedman are turning in their grave.<\/p>\n

Look for a free market counter offensive soon.\u00a0 Any takers?\u00a0 Any advice?<\/p>\n","protected":false},"excerpt":{"rendered":"

Capitalism and free market economics are in a world of hurt. They just begged us for 700 billion.\u00a0 Doesn’t quite jive with the “free markets are the fairest, most efficient …” fill in the blank. To their credit, there are hard core conservatives and libertarians standing their ground, effectively telling the financial markets to pound…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[156],"_links":{"self":[{"href":"https:\/\/jerrysjuicebar.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/287"}],"collection":[{"href":"https:\/\/jerrysjuicebar.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jerrysjuicebar.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jerrysjuicebar.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jerrysjuicebar.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=287"}],"version-history":[{"count":0,"href":"https:\/\/jerrysjuicebar.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/287\/revisions"}],"wp:attachment":[{"href":"https:\/\/jerrysjuicebar.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jerrysjuicebar.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jerrysjuicebar.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}