Sunday, July 17, 2005

More Trickle-Down Economics at Work

United Airlines reneges on its pensions...

Yeah, let's privatize Social Security. It occurs to me, not for the first time, that market fundamentalists insist on the moral good of markets, based on no evidence whatsoever.

The market is amoral, not moral or immoral. Sometimes, it does salutary things; other times, awful things (sex trade, or what's described in this story).

Evidence shouldn't sway belief though. That we all know.

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