"The interest of dealers, however, in any particular branch of
trade or manufactures, is always in some respect different from, and
even opposite to, that of the public" -- Adam Smith
It was yesterday that I expressed my thought to Timothy Shire,
publisher of Ensign, that our conventional economists are producing
researches to support the dogmatic economic stance of the people and
agencies giving them money. And this is why we have expressed in a
previous article the concern that the Fraser Institute is producing
researches against the interest of the public.
This concern has become stronger as we have another crap from
this institute. Rather than admit that poverty has been increasing
with the amoral behaviour of our money driven elitist corporations
and government, Fred MacMahon of the Fraser Institute wants to end
the social circle of poverty by ending welfare and bringing back
poor houses and homes for unwed mothers. MacMahon blames his
friendly libertine government for perpetuating the cycle of poverty
and he blames the poor for their own conditions. MacMahon says "The
safety net makes the consequences of bad choices seem more
tolerable. Anti-poverty programs all too often make poverty more
acceptable and thereby perpetuate it." MacMahon concentrates his
argument against the welfare system for the poor while ignoring the
more encompassing corporate welfare. If we need reform, David Korten
says that "welfare reform should give top priority to getting
dependent corporations off the welfare."
And I reiterate that MacMahon is wrong, and I add that people
like him are the culprits of the increasing poverty in our country,
and in fact I question why we have our reductionist researchers at
the Fraser Institute making bad policy advices affecting all of us.
Jeremy Rifkin proposes the end of the traditional political
spectrum of marketplace versus government, and he includes the civil
sector, what we have been calling social capital at large, to form a
new kind of tripartite politics. We must change the reductionist
mentality of the people working for the Fraser Institute, and we can
rethink of our society as made up of market capital, public capital
and social capital, and therefore create a new economic thinking
where people are before corporations, and social values before
money.
Some references
Related social and economic articles published by Ensign
Cure for poverty is to end welfare, economist argues, Mike Petrou,
The Ottawa Citizen, August 9, 2001 http://www.ottawacitizen.com/national/010809/5061927.html
Public institutions and civil society: How can we improve
participatory democracy and active involvement of citizens?
Rapporteur: Mrs Susan George http://stars.coe.fr/Dossiers/Societe/E_SusanGeorge.htm
A Citizen Agenda to Tame Corporate Power, Reclaim Citizen
Sovereignty, and Restore Economic Sanity, David C. Korten
http://iisd1.iisd.ca/pcdf/corprule/agenda.htm
Geoffrey Wheatcroft, writing in The Wall Street Journal and
referring to the complicity of IBM with the Nazis, Wheatcroft stated
"The capitalist free market is indeed amoral" http://www.theatlantic.com/unbound/polipro/pp2001-04-04.htm
http://www.theatlantic.com/about/people/gwbio.htm
Created Unequal: The Crisis in American Pay, by James K.
Galbraith, December 2000. An extract from Kirkus' review "For
Galbraith, the classical economics that underlies contemporary
policy is only relevant once full employment is obtained; otherwise,
market explanations constitute a self-interested (for those who
benefit) or self-delusional (for those who theorize) walk through
fantasy land with horrific consequences for the majority of people
who live in the real world"
Market-oriented society, democracy, citizenship and solidarity:
an area of confrontation? Work, Social Capital, and the Rebirth of
the Civil Society: A Blueprint for a New Third Sector Politics,
Rapporteur: Mr. Jeremy Rifkin http://stars.coe.fr/Dossiers/Societe/E_JeremyRifkin.htm
Short Biography on Fred McMahon http://www.aims.ca/People/mcmahon.htm
Fred McMahon's thoughts on healthcare funding http://www.nextcity.com/cpi/healthcare/july700.html |