From reading the quotes extracted by Scryer(tm) it is clear that your cartoon of ER as an advocate for unlimited governmental regulation of business, and a proponent of 'BIG GOVERNMENT' is NOT supported by his writings...
(ER, feel free to correct me)
ER recognizes the dangers of an overly powerful and intrusive government- just as you do, but what makes ER a realist- and you a wildeyed Randian fundamentalist- is that he ALSO recognizes that corporate power ALSO needs some checks and balances and that government must have a role to play in checking and regulating the inevitable excesses that arise in a free-market. You do not seem to really believe that part... You are extremely reluctant to even admit that such excesses in a free market are possible... and you are opposed to the very idea that government should be the one to address those excesses.
ER :
There is nothing wrong with the idea that government should be limited, but that does not mean it should be emasculated, especially when that hobbling is designed primarily to allow one faction or class to exercise power over the rest of the commonwealth. No one is denying that government can be abused, or that honest differences can arise in how a community chooses to implement its admittedly coercive power. But when a political philosophy intimately associated with a powerful economic constituency dismisses all regulation and supervision as simply the work of the devil, my personal alarms all go off at once.
Nor does ER believe free markets are evil....
The free market system has shown itself to be quite effective at doing this by coming up with a means of balancing the interests of all concerned with natural self-regulation and controls, and by taking advantage of the human desire of all to work hard and take risks for their own benefit.
And quite frankly, ER's analysis seems more in touch with reality- and infinitely more balanced- than yours ever have been:
Although it certainly can be argued that too much regulation, unwise regulation, or regulation for regulation's sake is not a good thing, the current trend to minimum or no regulation is disturbing to me. Didn't we try this before and it didn't work? -5/30/2008
Thats a bit more insightful than you whining about what lightbulbs you can buy, dont you think?
I cant cut it into smaller bits than that for your mind to digest...
BY THE WAY, its obvious that you didn't read the links those quotes were extracted from- follow your own advice and READ THE GODDAMN LINK!
