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Bainbridge On Obama



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Oh man is this in my wheelhouse:

When I think about Obama, I am reminded of Richard Epstein’s observation that in order to remain politically viable modern socialists no longer advocate direct government ownership of production. Instead, modern socialism operates on two different levels: “At a personal level, it speaks to the alienation of the individual, stressing the need for caring and sharing and the politics of meaning. At a regulatory level, it seeks to identify specific sectors in which there is a market failure and then to subject them to various forms of government regulation.” Sounds a lot like Obama’s stump speech to me.

There’s a lot more. 



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