Capitalism Shrugged

We all know communism is not an ideal form of government. The USSR and North Korea have more than proven that.

At the same time, Randian individualism and strictly laissez-faire economics also lead to distasteful results. Case in point:

American children in districts with the lowest taxes tend to be sicker, more often sexually abused, and more likely to run afoul of the law, according to a major study conducted by the U.S.-based Every Child Matters Education Fund. Such children are also likely to be less employable as adults, the researchers found.

There is a balance to be found between individual liberty and social equity, but neither the Americans nor the Koreans have found it. We in Canada haven’t found it either, and that we are not as badly off as the Americans should come as cold-comfort.

[photo credit]

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