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So, the UN finally admits it's Capitalism not welfare that is ending poverty!
#25
RE: So, the UN finally admits it's Capitalism not welfare that is ending poverty!
Well, taking issue regarding subsidies. If government did not have this power then what would we use instead to prevent the sorts of situations where the market has proven to be ineffective in the past? More acutely, that correction could not be allowed to determine it's own pace due to potential cost of human life (or quality of human life). That's one of the fuzzy areas for me that immediately springs to mind.

(Not implying that there isn't a way, I just haven't heard a decent plan yet from the libertarian camp on this)
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RE: So, the UN finally admits it's Capitalism not welfare that is ending poverty! - by The Grand Nudger - July 27, 2011 at 11:41 am

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