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How Conservatives Abandoned the Free Market and Why Liberals Should Too

Colin Richardson

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Published in The Predator State: How Conservatives Abandoned The Free Market And Why Liberals Should Too

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The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too

by James K. Galbraith

4.6 out of 5

Language	:	English
File size	:	459 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
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Print length	:	252 pages

Conservatives have long been associated with the free market. But in recent years, the Republican Party has increasingly embraced interventionist policies. This shift has left many wondering whether the GOP has abandoned its commitment to free markets.

There are a number of reasons why conservatives have abandoned the free market. One reason is the rise of populism within the Republican Party. Populist politicians often appeal to voters' fears and resentments by scapegoating immigrants, minorities, and other groups. These politicians often propose interventionist policies as a way to protect the interests of their constituents.

Another reason for the decline of free market conservatism is the increasing influence of big business in the Republican Party. Large corporations often lobby for government policies that benefit their bottom line. These policies often come at the expense of small businesses and consumers.

The abandonment of the free market by conservatives has had a number of negative consequences. One consequence is the rise of crony capitalism. Crony capitalism is a system in which businesses and government officials work together to enrich themselves at the expense of the public. This system has led to a number of scandals and has undermined public trust in government.

Another consequence of the decline of free market conservatism is the growth of the welfare state. The welfare state is a system of government programs that provide financial assistance to low-income individuals and families. These programs have grown rapidly in recent years, and they have contributed to the increase in government spending and debt.

The abandonment of the free market by conservatives has also led to a decline in economic freedom. Economic freedom is the ability of individuals and businesses to make economic decisions without government interference. The United States has traditionally been one of the most economically free countries in the world, but our ranking has declined in recent years. This decline is due in part to the increasing interventionism of the federal government.

The decline of free market conservatism is a serious problem. This problem has led to a number of negative consequences, including the rise of crony capitalism, the growth of the welfare state, and the decline in economic freedom. It is important to reverse this trend and return to the principles of free market capitalism.

Liberals should also be concerned about the decline of free market conservatism. The free market is the best way to create economic growth and prosperity. It is also the best way to protect individual liberty. Liberals should join with conservatives in supporting free market policies.

The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too

by James K. Galbraith

4.6 out of 5