Conservative vs. Liberal-An exercise

December 11, 2010
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A rational Liberal argues Liberal vs. Conservative and goes wrong when he states “…Given the choice I’d rather the balance of power be tipped towards the government, as at least in theory the government is of the people whereas corporations exist solely for profit.” Operative words: “in theory.” Misses the toxic phenomenon of crony capitalism. Also misses the restraining Invisible Hand at work in the competitive pursuit of the reviled profit.

Read Kemstone’s Journal and clarify some basics.

Read about Adam Smith and The Invisible Hand.

Read more about Capitalism (vs. Statism).

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