I've loved this song since I first heard it.
It's a classic specimen of getting to the universal by way of the specific.
Jonah Goldberg has still got that newsletter thing going and it's no Roy Edroso Breaks It Down, lemme tell ya. But he keeps a hand in at National Review, and today has something called
Opponents of ‘Unfettered Capitalism’ Are Fighting a Phantom
It's a big deal because not only Democrats and Socialists but also rightwing assholes Tucker Carlson and Josh Hawley are bitching about capitalism and Jonah's here to even the odds (fart).
The simple version: There are lots of reguatory agencies, what are you guys talking about, "unfettered capitalism"? Goldberg does not address what happens when the regualtory mechanisms are put in the hands of, for example, a Ryan Zinke or a Wilbur Ross, who take said mechanisms to a bridge and throw them into the river. Also Republicans tend to deregulate processes they think don't need oversight -- like food safety.
The simple version: There are lots of reguatory agencies, what are you guys talking about, "unfettered capitalism"? Goldberg does not address what happens when the regualtory mechanisms are put in the hands of, for example, a Ryan Zinke or a Wilbur Ross, who take said mechanisms to a bridge and throw them into the river. Also Republicans tend to deregulate processes they think don't need oversight -- like food safety.
My frustration stems from the fact that we “fetter” the market constantly. And whenever the fetters yield an undesirable result — such as, say, the financial crisis of 2008 — the blame always lands on eternally unfettered capitalism.
Overregulation is an interesting diagnosis of the financial crisis, given that the many of the financial instruments that pumped hot gas into the bubble suffered no regulation at all. I assume Goldberg referred only to an index card that read "Blck ppl got houses no fair BIG GOVERMENT."
Closing farts:
Closing farts:
Just to be clear: I’m not an advocate for unfettered capitalism.
[querulous balloon-fondling noise]
But I am sick and tired of hearing people advocate unfettered government to fight an enemy that doesn’t exist.
[SUDDENLY-UNCLOGGED-GEOTHERMAL-VENT NOISE, SIZZLE OF FLAMING METHANE GEYSER]
In conclusion, Jonah declares himself against this non-existent thing, and further stipulates that he has smelt it, but most assuredly has not dealt it.
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