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Reason’s Misplaced Condescension on Feed 44

Friday, November 13, 2015 23:13
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C4SS Feed 44 presents Kevin Carson‘s “Reason’s Misplaced Condescension” read by Mike Godzina and edited by Tony Dreher.

The Pope, Slade writes, “condemns the market-driven economic development that has lifted a billion people out of extreme poverty within the lifetime of the typical millennial.” As evidence of his “lack of understanding of even basic economic concepts,” her bill of indictments includes decrying “free enterprise,” questioning the inviolability of property rights, and favoring “cooperatives of small producers” over “economies of scale.” Based on this “alarming” rhetoric, she accuses him of a desire to “constrain and regulate” the “free markets” that have done so much for the poor.

I submit that the Pope understands better than Slade the workings of the real, non-imaginary, global corporate economy we actually live in. And to the extent Slade actually believes the corporate globalization that’s occurred over the past generation has anything at all to do with “free trade” or “free markets,” she has absolutely no business lecturing anyone else about their economic ignorance.

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