Re: “State lawmakers pass budget to avert shutdown” (TNT, 6-28).
Wall Street’s boom is a whimper. While mega-corporate profits surge, fewer small businesses start than ever before.
Legislators respond not with long-term solutions but fingers in the dike. Where are those politicians with the courage to avoid the scapegoats and stereotypes of the far right and the far left? Where are those economists with the wisdom to articulate the integration of opposites, avoiding the false dichotomy between socialism and capitalism?
The truth is that we need strong regulatory government to keep free markets free. Yes, only strong government reduces the monopolizing power of mega-corporate cartels, while promoting local entrepreneurs and small business startups.
We need a publicly funded government that taxes Exxon and General Electric while providing every possible tax break to local entrepreneurs. Instead, we have a corporately funded government that taxes entrepreneurs while providing every possible tax break and no-bid contract to Esxon, GE, weapons manufacturers and rich agri-businesses.
The new American economy won’t flourish through international oil companies and arms sales, but through small business cooperatives for local organic farmers, green energy producers, artists and artisans.
I have a right to protection from corporate power. I also have a right to market my skills, sell my products and start my own business on the level playing field of the free market. There is no contradiction.