Grains of the moment
Passed down by great waters
Memory embodied
About the Creator
Innovation; The Unknown Alliance Between Business and Government
Milton Friedman’s view in Capitalism And Freedom proposes the idea that government should exist in the market solely to maximize unconstrained economic freedom. Government intervention into the marketplace that limits or forces consumer decision-making cannot be justified. Friedman’s argument for market fundamentalism is seemingly at odds with the historical reality of the role of government in the United States. From state police powers, to Progressive Era reforms, through the New Deal government whether being state or federal has always shaped the contours of capitalism through political, social, and cultural change. Friedmans point of view differs from the consumer health and environmental protections era (1964-1977) and the rise of the idea of the developmental state. Friedman’s philosophy has guided the idea of market fundamentalism within the false notions of the invisible hand driving innovation instead of a combination of public and private sectors. This idea is negligent to the fact that government presence in the innovation economy acts as the only entity that can invest in certain sectors. The notion that the government shouldn’t pick winners is supplanted by the idea of the government supporting large, medium, and small firms to compete for the best technology.
By SchmalzExclusive • 3 years ago
No Word Comes Near Enough
The English language has its limits. I learned this when I became a student of the Bible and looked up the Greek and Hebrew definitions behind the Scriptures I loved. Some languages have so much more depth and power than the one I use to convey my thoughts. But, even so, I don't think any word could ever come close to describing this void and pain I am journeying through. I don't know how to swim through its murky waters.
By Shirley Belk3 days ago in Poets
Comments (1)
Oh my this is great!