Qlipoth

"What matter who's speaking, someone said, what matter who's speaking."

Thursday, November 16, 2006

The Essence of Democracy

As neoliberal guru Milton Friedman put it in Capitalism and Freedom, because profitmaking is the essence of democracy, any government that pursues antimarket policies is being antidemocratic, no matter how much informed popular support they might enjoy. Therefore it is best to restrict governments to the job of protecting private property and enforcing contracts, and to limit political debate to minor issues. (The real matters of resource production and distribution and social organization should be determined by market forces.) Equipped with this perverse understanding of democracy, neoliberals like Friedman had no qualms over the military overthrow of Chile's democratically elected Allende government in 1973, because Allende was interfering with business control of Chilean society.
Posted by Qlipoth at 11:34 AM

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