Showing posts with label 2013 at 12:09PM. Show all posts
Showing posts with label 2013 at 12:09PM. Show all posts

Saturday, July 13, 2013

What caught my eye…

George Will writes:



Abraham Lincoln rejected the argument of his rival Stephen Douglas, who favored “popular sovereignty in the territories.” Douglas thought slavery should expand wherever a majority favored it. Lincoln understood that unless majority rule is circumscribed by the superior claims of natural rights, majority rule is merely the doctrine of “might makes right” adapted to the age of mass participation in politics. The idea that the strong have a right to unfettered rule if their strength is numerical is just the barbarism of “might makes right” prettified by initial adherence to democratic forms. Egypt’s military despotism may be less dangerous than Morsi’s because it lacks what Morsi’s had, a democratic coloration, however superficial and evanescent.



The rest is here.





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Tuesday, March 26, 2013

Crony Capitalism and the Crisis of the West

Souce: Crony Capitalism Luigi Zingales at the Wall Street Journal describes the symptoms of cronyism.



High deficits, high debt and unsustainable entitlements are symptoms of a common disease infecting Southern Europe and the U.S. That’s crony capitalism, a problem with which I, having lived in Italy, am unfortunately familiar.



Crony capitalism isn’t the free market. Worse it is an offense against justice and detrimental to all especially the poor.





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