Posted by politicizer on June 16, 2009
Conor Rogers & Kathleen McCaffrey
In the wake of the financial crisis, corporations have gotten an even worse reputation than previously held. Pundits and politicians from both parties slam ambiguous “corporations” and “CEOs” for ruining America. Let me point out what none of these spectators have – it is thanks to the same CEOs and businesses that America became so successful in the first place. Any critic has committed one of two fallacies when they express this opinion:
One option is that this person actually believes that all corporations are bad and that CEOs are a bad influence – which would be a ridiculous and uneducated opinion. The other, and the more likely of the options, is that they realize that a large number of Americans are currently unfoundedly directing their anger at corporate America and are merely pandering to their collective rage. It is only a handful of corporate policies and legislative mistakes that have led to this crisis, yet the fair-weather politician begins to talk about what the voter thinks is true, rather than what actually is.
So what is the truth that many politicians are ignoring? Corporations create jobs, employ millions of Americans, give them opportunity to move up through promotion and merit-based qualification, and in the end, provide nearly every American with opportunity. Read the rest of this entry »
Posted in Uncategorized | Tagged: Ayn Rand, Capitalism, CEOs, Corporations, Economics, jobs, recession | 4 Comments »
Posted by politicizer on June 15, 2009
A liberal response to Michele Walk’s recent post entitled “Economic Darwinism and the Recession”
Noah Baron, Staff Writer
Around 100 years ago, the notion of social Darwinism was wildly popular amongst the well-to-do. Since then, it has been largely derided as unacceptable, cruel, and just plain incorrect. Apparently it’s reared its ugly head again, this time in Michele’s post and a Republican Party seemingly dedicated to driving itself into the ground.
Michele says that it bothers her that “the recession, and its effects, are regarded as ‘unfortunate'”. Already irked at her statement, I was even more flabbergasted by her reasoning. She claims that regarding the recession as “unfortunate” implies that “we are entitled to having fortunate things happen to us” — when, in reality, that is not the case at all. In my experience, at least, the recession is regarded as unfortunate not because of a sense of ‘entitlement’ but rather because I — and others — recognize that it is sad when people lose their job, lose their home, and have to struggle to get by. Read the rest of this entry »
Posted in Uncategorized | Tagged: Economic Darwinism, Economics, jobs, recession | 5 Comments »