smartpeoplepodcast
Almost everyone in America felt the effect of the latest financial crisis. From foreclosures to lay offs, many of us have tried to come up with a solution to our financial woes. The government tried to do it’s part with a bailout, but the majority of Americans didn’t think this was the right solution. As we look to our government for help, Dr. Woods offers a different opinion in his book, Rollback: Repealing Big Government Before the Coming Fiscal Collapse. He believes we are on the verge of a financial collapse unless we completely change our understanding of government.
Dr. Woods is a New York Times-bestselling author. He graduated from Harvard and has a Ph.D. in history from Columbia University.
The government has NEVER been the solution……and it will NEVER be!
Glad you guys had this guy on.
Heal the world…. make it a better place….
I do agree this is not a genuine free trade arrangement at all – I had not really thought about how ‘liberalizing’ the market to free it of regulations does not equate it with a free market. Monopolies and cartels, as Dr. Wood mentioned, do seem to create the underlying structure and then in the nooks and crannies between these big businesses, the market is ‘free.’ Government can protect its people (meaning the ‘common’ folk who farm, who develop trades, who own a bit of land and aspire to be self-sustaining – the yeoman farmers Jefferson hoped would build the country), but I’m not sure it ever has really. I bet we could build it – but never out of what we have now.
“You can’t solve a problem with the same level of thinking that created the problem.” -Albert Einstein
A rights based government seems to be the kernel of wisdom emerging since the enlightenment and now Bolivia advances the first rights-based governance protecting the right of the planet itself to live. Seems like a great way to start – by putting the life form that keeps US alive at the top of our priorities rather than ourselves. Maybe then we can look to keeping our neighbors and friends alive – already means several forms of big business have to go. Here’s a genuine trickle-down theory for you – create health and stability for the environment and we create health and stability for ourselves. Then we create a healthy and stable culture where we can maybe even build a civilization that ENHANCES peoples’ lives instead of tapping them to perpetuate the turning of its gears.