Word: free-market
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...would be one more piece of evidence that Latin America's backlash against globalization - especially the capitalist reforms that have so far done more harm than good for the region's 500 million people in poverty - could revive the failed left-wing economic policies that provoked those free-market reforms in the first place. Brazil, for example, last year elected former labor leader Luiz Inácio Lula da Silva as President. In Peru, antiglobalization riots (most often prompted by complaints over industry privatization) have become common. And the "Bolivarian Revolution" of left-wing Venezuelan President Hugo...
...return for this equal payment, America can guarantee no more than equal opportunity to each of its citizens. The government has no right to alter the socio-economic progression of the nation after the free-market ball has been set rolling. Once there is equal opportunity, the government cannot take into its own hands the responsibility of creating equal social outcomes...
...come to Cancun to protest a trade regime which had subjected him and other small South Korean farmers to debilitating competition from rich-nation exports. Unable to compete, many of Lee’s fellow farmers lost their land and were left impoverished. Just another tragic case of free-market capitalism run amok? Not exactly...
...only himself, but the norms of his society. What leftists do is question status quos, dream of something better and envision solutions; they challenge their own behaviors in hopes of changing society. Meanwhile, conservatives are content to maintain and uphold—not to question. By failing to question free-market, consumerist norms, they avoid the civil war of the self altogether. This is not the sort of consistency Socrates would have advocated...
...avoid the civil war altogether. The draft-dodgers (of the civil war of the self, that is) who have no qualms about climbing the corporate ladder and buying multi-million-dollar mansions are anything but hypocrites. Their self-gratifying actions fall directly in line with their libertarian, free-market ideals. In Ec10, Marty Feldstein tells us to believe that economic equality is a fable, that the misfortunes of millions aren’t our problem—that, simply put, “life ain’t fair.” Rush Limbaugh and Bill O’Reilly...