Thursday, June 02, 2005

Crazy Republicans

The link on the subject is a list of the 10 most dangerous books and it is telling of the ideology of the Republicans. It includes Karl Marx, Charles Darwin, Rachel Carson and Keynes, among others. It is a sign that anyone who criticizes religious dogma, unrestrained corporate power, the right of corporations to have their externalities remain external (i.e., they do not have to internalize the costs on society, like pollution) and a government that is responsive to economic fluctuations. It also shows their willingness to avoid certain inconvenient facts. In their description of Keynes' General Theory, they write, "When the business cycle threatens a contraction of industry, and thus of jobs, he argued, the government should run up deficits, borrowing and spending money to spur economic activity. FDR adopted the idea as U.S. policy, and the U.S. government now has a $2.6-trillion annual budget and an $8-trillion dollar debt." They neglect to mention that a vast share of this spending and debt was accumulated under Reagen, Bush Sr. and W, all Republican presidents with a particular distaste for Keynesian economics.

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