mein blaugh: Even in its present corrupted and cronyized form, “modern capitalism”—which Deirdre McCloskey defines loosely as “private property and unfettered exchange”—is a goose that lays golden eggs, and not merely for the super-rich. If you disagree, ask yourself how many of those claiming to speak for “the 99%” have smart phones, which Louis XIV couldn’t have bought for all the gold in France

15:36 28th Oct 2011

Notes: 14

Reblogged from bapeonion

Tags: democratic echo chamber two parties forever

Even in its present corrupted and cronyized form, “modern capitalism”—which Deirdre McCloskey defines loosely as “private property and unfettered exchange”—is a goose that lays golden eggs, and not merely for the super-rich. If you disagree, ask yourself how many of those claiming to speak for “the 99%” have smart phones, which Louis XIV couldn’t have bought for all the gold in France

tldr: a lot of occupiers have their hearts in the right place but through clever radicalization and misinformation (even as a supporter I wonder what’s circulating in their cardboard public library) have succumbed to the Democratic echo chamber and believe thinly veiled proto-socialism is the only defense against today’s standard of American capitalism; as though the only alternative to the color black must be its immediate opposite white, giving little attention to the shades of grey between the two. this is the kind of stuff that i agree with “wall street” on when they scoff at protesters. even though i wholly support the protesters. take a deep breath before considering that this is actually possible.

haha yeah what’s with all this talk of “radical change”? the system works [between cycles of failure and corruption], so we should just accept the minor adjustments handed down to us from those in power.

also lol at ‘thinly veiled proto-socialism’ — dude probably thinks europe is run by marxists

(Source: awizardharry)