George Will’s column today describes the extent to which “socialism” is already here:
Conservatives rightly think, or once did, that much, indeed most, government spreading of wealth is economically destructive and morally dubious — destructive because, by directing capital to suboptimum uses, it slows wealth creation; morally dubious because the wealth being spread belongs to those [...]
Posts Tagged ‘bailouts’
George Will on American-style “socialism”
Posted in Uncategorized, tagged "rent-seeking", bailouts, George Will on November 15, 2008 | Leave a Comment »