Destroy American jobs via outsourcing to low-wage third-world countries. Then blame the workers whose jobs were outsourced for being unemployed. They didn't "skill up", improve their "human capital", etc. This criticism even though workers with skills have also lost their jobs. Many White collar jobs were lost when India "liberalized" their economy, which enabled the corporate plutocrats to eliminate skilled US positions (SWTD #221), for example.
But these Libertarian free trade advocating buffoons believe the fortunes of the world's plutocrats will go from being huge to even larger via the destruction of American jobs. Which they are correct about. The buffoonery is found in their short sightedness. Eventually the continual flow of jobs (blue and white collar) to low wage countries will decimate the middle class. We know this because it is already in the process of happening (America's Incredible Shrinking Middle Class).
It is due to intended stoogery (in that they actually WANT the plutocrats to grow even wealthier at the expense of everyone else) or unintended stoogery (in that these fools actually believe Libertarianism will benefit everyone) - that posts like the following are produced by indoctrinated chumps like Willis Hart.
| Willis Hart: Socialist Buffoons on How to Amass a Small Fortune... Start with a large fortune and prune away at it. (6/25/2015 AT 4:11pm). |
I presume the Hartster is referring to high taxation, such as in countries like Sweden. A democratic socialist nation Willis learns an incorrect lesson from. The dumb-dumb thinks that because Sweden dialed back the percentage of their GDP that is government spending, that somehow validates his Libertarian "free market" less government worldview. Further proof that Willis V. Hart is indeed a total moron? I think YES.
I consider myself a Libertarian on many levels favor capitalism over socialism. Having said that it is true that for a market to be free it must be regulated. A completely unregulated market leads to monopolies and actually has the effect of limiting choices. A free market is one with maximum competition on a leveled playing field.
ReplyDeleteAs to plutocrats and oligarchs, yes, they both do not have the middle class best interets in mind.
I'm strongly opposed to the Libertarian idea of free trade.
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