Ernie :
The problem, IMHO, is a flawed theory that won't go away,
laissez faire economics. While it is impossible for me to be a  Democrat
because of the party's social issues positions ( most of which are Satanic  
),
I can never be a Republican because the GOP is the party of
insane economic views.
 
Why have business leaders called the shots for 30 years ?
The undeserved popularity of laissez faire theory.
The current recession has had a sobering-up effect
and it has again become possible  to see the structural
problems in unregulated Capitalism.
 
Dammit. When will they learn ?  You can't have a football  game
without rules and referees.  And if you want a good football  game
you had better have good rules and good referees.
 
It is, when all is said, that simple.
 
Billy
 
===========================================
 
 
 
In a message dated 1/6/2010 10:04:27 A.M. Pacific Standard Time,  
[email protected] writes:

I  may not like this trend, but I suspect they are correct that there will 
be  more opportunities to make an impact on society (and the economy) via 
politics  than entrepreneurship, as least relative to the last three decades. 
As  a Radical Centrist, I am fascinated by such cyclical pendulum swings, 
as (like  Newton before me :-) they seem to hint at some larger underlying  
dynamic:
_http://current.com/items/90598372_genius-one-percent-inspiration-99-percent
-grit.htm_ 
(http://current.com/items/90598372_genius-one-percent-inspiration-99-percent-grit.htm)
 
If  we could figure out the higher-order mechanic that makes the pendulum 
swing  back and forth, perhaps we could escape both the cycles and partisan 
bickering  between socialism and capitalism. 
Hey, one can dream...



--  Ernie P.

_http://bit.ly/7KbWwS_ (http://bit.ly/7KbWwS) 
In  Pareto’s view, power rotates among different groups of elites. 
Overlooked in  recent years, Pareto’s “circulation of elites” theory may be 
about 
to make a  comeback. 
For  the past 30 years, business leaders have essentially called the shots, 
 proclaiming markets, deregulation, and globalization as their mantras. 
Global  capitalism has triumphed at the expense of national governments. The 
world of  business has attracted the brightest talent and offered the most 
attractive  careers and compensation. 
The  next few years will likely witness the return of the politician and 
the advent  of a larger role for the state in the economy. Barack Obama, 
Angela Merkel,  and Nicolas Sarkozy have shoved business titans off the front 
page.  Politicians are now the ones in the driver’s  seat.=

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