Monday, May 17, 2010
I find it more than a little galling that corporatists/free marketeers have, throughout the financial crisis, justified bailouts by appealing to the too-high social cost (unemployment) of sticking to free market principles. Probably someone who finds it more galling than I do comes from a community decimated by the social costs associated with sticking to principle in the war on drugs. Oh, unrelated note - one out of nine African-American men aged 20-29 is behind bars right now, one out of three young black men can expect to be behind bars at some point in their life, and "as incarceration rates exploded between 1970 and 2007, the proportion of US-born black women aged 30-44 who were married plunged from 62% to 33%." From that Marxist rag The Economist.
Posted by Luvh at 8:37 PM