Quote Originally Posted by Taichiliberal View Post
Sowell has been preaching the right wing/corporatist mantra for decades, and has had his bread buttered lavishly by right wing think tanks and academia.
However, in order to buy into his bilge, you have to ignore a few things. You have to ignore the history of caste, class and racial bias that is interwoven in this country's economy. You can't create wealth when the very system that determines such does NOT want you to have it. You have to ignore that Jim Crow just ended 52 years ago, and that legal cases of red lining, etc. are STILL being logged across the country. Redistribution of wealth means that the workers actually get a living wage derived from the profits of their labor that the owners and investors make record gains from. It means that the wealthy actually pay their fair share of income taxes, so tthe national economy does better for all (i.e., no more tax free corporated relocations, domestic or foreign). But I'm not the only one who easily see the fallacy of Sowell's rhetoric:
https://otoolefan.wordpress.com/2010...diot-emeritus/
https://www.dailyrepublic.com/all-dr...ct-free-rants/