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Posts Tagged ‘laissez-faire’

Arianna Huffington’s latest article condemning laissez-faire as a failed philosophy hits all the right lefty notes. Parts of it almost seem lifted from Obama’s election rhetoric. Not wholly unexpected from a woman who once proclaimed that she only texts three people: her two teenage children and Barack Obama.

Actually, Huffington’s piece is so bad that it almost reads like a self-parody. From her depiction of Bush — a man who oversaw the biggest regulatory expansion since Nixon — as the ultimate free market champion to her refusal to even attempt any kind of analysis,  Huffington reveals herself, like so many others, as a person blinded by her love for the echo chamber she lives in. Naomi Klein’s terrible book which conveniently lumped together all her enemies into an undefinable mass that she could pummel still made a basic, incontrovertible point — times of crisis give those in power an opportunity to extend their sway. Even the Times article Huffington so approvingly links to contains some redeeming features — interesting quotes, lots of relevant history, a (correct) indictment of Bush’s disastrous home-ownership-at-all-costs policy — that make it a good read. Articles by Krugman and Stiglitz, despite their obvious bias often bordering on intellectual dishonesty, usually contain one or two nuggets of truth. Huffington’s piece, full of huffy moralizing and utter lack of intellectual depth, makes you wonder why you just gave up two minutes of your life.

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