Dead Presidents- Why the American Dream requires more capitalism and less democracy

The Prometheus Institute ^ | 2/18/2008 | M. Harrison

[tang0r]

Neither markets nor governments are perfect. Both often fail, buckling under the weight of human error, bad chance, or dishonest motives. Racial discrimination is perhaps the greatest example of such failure; years of atrocious government policies have resulted in failed schools, chronic incarceration, little economic opportunity and rampant crime. But rappers face these challenges, and rather than seek the assistance of the state, they resolve to climb their way past them through the free market.

Moreover, because economic growth in the free market is value-added, the rappers' pursuit of Benjamins also benefits society at large. In addition to their own sizable personal contributions to economic growth, many successful rappers start their own companies, helping to create jobs in their communities. By contrast, political disputes over government power are usually zero-sum, demonstrated by decades of mostly unsuccessful federal legislation to integrate schools and other institutions. While these political expressions have mostly resulted in social backlash with little empirical social gain, market-based innovations such as iPods have brilliantly facilitated the cross-cultural appreciation of musical art.

[mjp]

In addition to their own sizable personal contributions to economic growth, many successful rappers start their own companies, helping to create jobs in their communities.

As long as there is no initiation of force involved, then it is all good.

[gusopol3]

televangelists— same deal, less baggage, more scorn?

[wintertime]

ping