Tuesday, January 22, 2013

“Free-Market” Outcomes Are Not Fair—and Not Free | Common Dreams

“Free-Market” Outcomes Are Not Fair—and Not Free | Common Dreams
"The realization that the economy is rigged to benefit the rich and large corporations takes away the force of the right-wing argument that progressives want to use government to “vilify” the “successful” and reward the “slothful and incompetent.” When the game has been rigged, it is wrong to say that the market simply rewards talent and hard work, and the outcomes that result can hardly be called fair. When the market outcomes that we observe are unfair, we need to both change the rules for how the economy works and use the government to restore fairness."