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May 4, 2006 [LINK]
John Kenneth Galbraith
It is interesting that the passing of one of the most eminent modern* liberal economists of the 20th Century comes just as orthodox market economics is besieged in much of the world, and even in this country, to an extent. Galbraith was perhaps most famous for his book The Affluent Society, a critique of America's awkward adjustment to mass wealth and recipe book of statist cures. In today's Washington Post, George Will writes that the The Harvard economist's main legacy was to instill in Democrats an elitist condescension toward average Americans. That attitude plagues the Democrats' efforts to make a sincere appeal to voters to this very day. Will also perceives the echoes of Galbraithian elitism in the McCain-Feingold Act.
I once read Galbraith's earlier book The New Industrial State, which made some good points about the trend toward oligopoly in the American manufacturing sector, making it less responsive to market forces. There were two major flaws in that book, however. First, his suggested remedy of building up a strong regulatory state with "countervailing power" against the industrial giants neglected the possibility that Big Government might end up "in bed with" Big Business, rather than policing it. Second, economic globalization severely curtailed the relative size and influence of American industry, and without a world government, of course, there can be no such "countervailing power" to global corporations.
* "modern" liberal as in not "classical" liberal
So I'm not the only one after all! Yesterday's Washington Post profiled Rod Dreher, a young columnist and author from Dallas who defies conventional stereotypes by having a whole-grain, all-natural lifestyle even as he espouses conservative political opinions. He recently wrote a book, Crunchy Cons (as in granola), which sounds like it's right up my alley. In January 2005 I posited a strong (potential) harmony between political conservatism and wildlife conservation. How is it possible to reconcile such seemingly opposite approaches to life? Just "Think Different." It's easy if you try.
Posted (or last updated or commented upon): 04 May 2006, 10: 34 PM
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January 7, 2006 ~ DeLay gives up majority leader post
January 12, 2006 ~ Alito withstands Dems' "torture"
January 16, 2006 ~ Michelle Bachelet wins in Chile
January 19, 2006 ~ Views on Iran's nuclear ambitions
January 24, 2006 ~ Fallout from Canada's election
January 31, 2006 ~ Second (& third) thoughts on Iran
February 1, 2006 ~ The State of the Union, 2006
February 8, 2006 ~ D.C. Council votes "yes," but...
February 18, 2006 ~ Checks and balances in wartime
February 22, 2006 ~
Neocons & Neolibs: chastened alike
February 28, 2006 ~
The Dubai Ports World uproar
March 14, 2006 ~ New D.C. baseball stadium unveiled
March 24, 2006 ~ In the footsteps of France?
April 7, 2006 ~ Immigration compromise fails
May 16, 2006 ~ Bush militarizes Mexican border
June 6, 2006 ~ Alan Garcia triumphs, once again
June 9, 2006 ~
Zarqawi: The death of a terrorist
July 3, 2006 ~
Election in Mexico: too close to call
July 5, 2006 ~ North Korea goes ballistic
July 28, 2006 ~ Garcia prepares to lead Peru, again
August 4, 2006 ~ Israel invades Hezbolland
September 6, 2006 ~ "Crunchy conservatives": for real?
September 25, 2006 ~ Nationalists thwart conservation
October 3, 2006 ~ Nationals: Year in review
October 29, 2006 ~ Virginia's marriage amendment
November 7, 2006 ~ The people render their verdict
November 8, 2006 ~ Republicans lose big time
November 9, 2006 ~ Allen concedes / Election post-mortem
November 13, 2006 ~ Toward consensus on Iraq?
December 1, 2006 ~ Realism and our goals in Iraq
December 6, 2006 ~ Latin America & U.S. trade policy
December 8, 2006 ~ Iraq Study Group reports
December 22, 2006 ~ Yuletide political roundup
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The "home made" blog organization system that I created was instituted on November 1, 2004, followed by several functional enhancements in subsequent years. I make no more than one blog post per day on any one category, so some posts may cover multiple news items or issues. Blog posts appear in the following (reverse alphabetical) order, which may differ from the chronological order in which the posts were originally made:
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