Progressives laudably seek to oppose injustice by deploying government power as a countervailing force against the imagined opressive and exploitative tendencies of market institutions. Yet it seems that time and again market institutions find ways to use the government’s regulatory and insurer-of-last-resort functions as countervailing forces against their competitors and, in the end, against the very public these functions were meant to protect.
– Democracy in America, The Economist on the paradox of progressive ideology.
Well written, but the author seem to forget that progressives do have a solution to this paradox, namely transparency. This is precisely why it was so disgusting when progressives comes out against Wikileaks. Finger pointed at you and your crew, Obama.
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