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Estimate of the time that Humanity will go extinct or civilization will collapse. The HUMANITY DOOMSDAY CLOCK moves forward to 2125 due to US President trump's abandonment of climate change goals. Clock moved to 90 seconds to doom at December 2023. Apologies to Bulletin of the Atomic Scientists for using the name.

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Sunday, July 15, 2007

Where are the Republicans?

I have been trying figure out why there are no Repoublicans on my roster. I did not set out to be partisan on purpose.

As a student of economics, here's my best guess: Republicans are committed to the form of classical economics now known as the Neo-Liberal or Washington Consensus. Consistent with that belief is the conviction that the market will solve all problems for all people and that any government intervention is bad for people.

My nine points all require a strong government intervention into affairs to avoid a disaster for the American idea.

Regardless of the fact that the Neo-Liberal Consensus is dramatically disproven as an effective framework for national economic policies [see for example: IDEAS, POLICIES AND ECONOMIC DEVELOPMENT IN THE AMERICAS, Esteban Perez Caldentey and Matias Vernengo, editors, Routledge, 2007 New York; ISBN10 0-415-77055-6 [hbk]], Republicans seem to hold to this concept. Therefore, they are likely to oppose any government action which affects any market.

Until that changes, any Republican administration is likely to threaten the American idea, or at least my personal understanding of it.

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