"The widespread assumption that big business and big government are fundamentally at odds, and that big business supports a free market, serves to maintain the ruling partnership in power; indeed, ‘vulgar liberalism’ and ‘vulgar libertarianism’ represent the dominant ideologies of the establishment left and establishment right, respectively. The establishment left disguises its government intervention on behalf of the rich as government intervention on behalf of the poor, while the right disguises its government intervention on behalf of the rich as an opposition to government intervention per se – and each side has an interest in maintaining the myth propagated by its nominal opponent. For those who are repelled by the realities of corporate capitalism are lured into becoming opponents of the free market and foot soldiers for the left wing of the ruling class, while those who are attracted by free-market ideals are lured into becoming defenders of corporate capitalism and foot soldiers for the right wing of the ruling class. Either way, the partnership as a whole has its power reinforced."
React to this quote
More by Roderick Long
See allResonant Thoughts
"A limited democracy might indeed be the best protector of individual liberty and be better than any other form of limited government, but an unlimited democracy is probably worse than any other form o…"
Explore Further
Related Quotes
"After the war etching became Kirchner's favorite medium. He attributed this to its responsiveness. 'Etching…"
— Ernst Ludwig Kirchner"While some multimillionaires started in poverty, most did not. A study of the origins of 303 textile, railr…"
— Howard Zinn"Labour was the first price, the original purchase-money that was paid for all things. It was not by gold or…"
— Adam Smith"Marches don’t stop markets."
— Gregory Benford"The poor man is ruined as soon as he begins to ape the rich."
— Publilius Syrus"Poverty is a solved problem - all they have to do is abolish taxes and regulations which cripple those inte…"
— L. Neil Smith
Related Thinkers
Related Topics
Deep Dives
- David Cay Johnston on money
- Rudiger Dornbusch on money
- David Cay Johnston on politics
- David Cay Johnston on time
- David Cay Johnston on justice
- David Cay Johnston on life
- David Cay Johnston on knowledge
- David Cay Johnston on art
- David Cay Johnston on philosophy
- David Cay Johnston on books
- knowledge & Beauty
- knowledge & Change
