The
libertarians are concerned that
Keynesian economics "encourages
politicians to wield the power of the state in ways that do enormous harm.”
What the libertarians forget is that they too insist on “wielding the power
of the state” to enforce the property rights of a tiny minority that owns virtually
all the capital assets in society. This does enormous harm to all members of
society other than this small minority.
No comments:
Post a Comment