Showing posts with label Social Democracy. Show all posts
Showing posts with label Social Democracy. Show all posts

Saturday, August 04, 2007

Markets V. Middle Class

The Globe and Mail discovered this morning that without government, the middle class gets slaughtered, in a market economy. Markets are great at creating vibrant economies,there is no doubt, but they are a lousy way to create vibrant, stable and just societies. I am glad the Globe has finally caught on. Ed Broadbent's line, that "We want a market economy, but not a market society." is as true now as it ever was.
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