Economist hit on Naomi Klein
Wojtek Sokolowski
sokol at jhu.edu
Fri Nov 8 06:28:24 PST 2002
Doug quoted:
>
> The Economist - November 7, 2002
> In training her guns on free trade and big multinationals, Ms Klein
> is attacking the best means for reducing poverty and, for that
> matter, extending justice and a political voice to the world's
> poorest people. When companies, properly regulated and acting within
> the law, pursue profits, they end up increasing prosperity. This is
> not a theory but an easily observable fact. The result, unintended
> though it may be, is social good. Ms Klein denies all this at every
> turn-and the tragedy is that her denials have an effect.
That was also the point argued by John Kenneth Galbraith (hardly a
neo-lib hack), no?
The truth is that US populism despises organization in favor of a utopia
where everyone is just getting along with one another (pass that bong,
dude). That is fine, but organizations (think of planned economy as a
corporation writ large to vercome inefficinecies of the market) have the
best track recrods in alleviating poverty and promoting rational
development.
Wojtek
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