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#4
12-03-2010, 10:36 PM
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As for the second question, basically laissez faire economics vs keynesian economics? I'd definitely say we need keynesian economics, judging by the fact that laissez faire is what got us in this situation in the first place. It's why the US has been declining since the 1980s, when Reagan basically gutted all the protections and regulations of the economy, media, and government that allowed the US to boom after WWII. In a world where so few control so much, Adam Smith's self-regulating "invisible hand" breaks down. Maybe it might have worked back when everything was small business, but not when so much economic power is concentrated in only a few corporations.
As for government reforms, my post in "Empty Speech Game" outlines it pretty well. http://www.tree-of-souls.com/debate/...tml#post111269
__________________
 The Dreamer's Manifesto Mike Malloy, a voice of reason in a world gone mad. "You mustn't be afraid to dream a little bigger, darling." - Inception "Man, I see in fight club the strongest and smartest men who've ever lived. I see all this potential, and I see squandering. God damn it, an entire generation pumping gas, waiting tables; slaves with white collars. Advertising has us chasing cars and clothes, working jobs we hate so we can buy **** we don't need. We're the middle children of history, man. No purpose or place. We have no Great War. No Great Depression. Our Great War's a spiritual war... our Great Depression is our lives. We've all been raised on television to believe that one day we'd all be millionaires, and movie gods, and rock stars. But we won't. And we're slowly learning that fact. And we're very, very pissed off." - Tyler Durden Last edited by Tsyal Makto; 12-03-2010 at 10:41 PM. 
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