None of them have come close to the severity of the Great Depression. We’ll never control all instabilities, the important part is limiting their severity
Yes, I’ve been affected by several of these. I’ve gotten laid off during downturns. I’ve been affected by high interest rates. I’ve been affected by unattainable housing. But at least it wasn’t worse
And yet this is a place where centrism is the goal.
We know that trying to tightly control economies does not work. At all. We shouldnt even try.
We also know that corporate-anarchy serves only robber barons. That’s not acceptable.
So yes, the best answer is to give the market freedom but not complete freedom. To let it do its ups and downs … within limits. To combine the strengths of capitalism with the guardrails of a guided market. Where the capitalist driven market does not serve society, it’s a failure to guide the market so capitalism fulfills desirable goals
There’s centrism and then there’s “centrism” 😅 (people who call themselves centrist and argue for acceptance of extremist right wing policies and “considering both sides of the argument”).
Also the whole idea of left, right and centrist is an overused often oversimplification for the purpose of forming in groups and out groups which is not constructive and leaves no room for nuances.
None of them have come close to the severity of the Great Depression. We’ll never control all instabilities, the important part is limiting their severity
Yes, I’ve been affected by several of these. I’ve gotten laid off during downturns. I’ve been affected by high interest rates. I’ve been affected by unattainable housing. But at least it wasn’t worse
https://sh.itjust.works/post/31444567
And yet this is a place where centrism is the goal.
So yes, the best answer is to give the market freedom but not complete freedom. To let it do its ups and downs … within limits. To combine the strengths of capitalism with the guardrails of a guided market. Where the capitalist driven market does not serve society, it’s a failure to guide the market so capitalism fulfills desirable goals
There’s centrism and then there’s “centrism” 😅 (people who call themselves centrist and argue for acceptance of extremist right wing policies and “considering both sides of the argument”).
Also the whole idea of left, right and centrist is an overused often oversimplification for the purpose of forming in groups and out groups which is not constructive and leaves no room for nuances.