We are Flip-Flopping Liberals?

Foghorn

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Sep 18, 2009
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378
I was half listening to the radio today and the usual subjects of Debt, Economy and Housing were being covered. I believe it was Marian Finnucane - not sure if she is on today.

Anyway the subject matter illustrated a point to me which I thought was really interesting. During the boom years many were economic liberals. But when the whole thing came crashing down fault was being put at the lack of regulation! Get the paradox! I did!

So basically while everything is going well economically we can have laissez faire liberalism - which incidentally ruined the country economically - but when it doesn't work out the liberals run for the more conservative sanctuary of regulation.

Surely this must be the greatest flip-flop in Irish history?

Does it point to other trends - which I have also observed too. Is it inconsistent with liberalism in general where as an individual I have full ownership of my rewards and the state (and society) in general has full ownership of my disasters!
 
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Mossy Heneberry

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Joined
Jun 10, 2009
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I was half listening to the radio today and the usual subjects of Debt, Economy and Housing were being covered. I believe it was Marian Finnucane - not sure if she is on today.

Anyway the subject matter illustrated a point to me which I thought was really interesting. During the boom years many were economic liberals. But when the whole thing came crashing down fault was being put at the lack of regulation! Get the paradox! I did!

So basically while everything is going well economically we can have laissez faire liberalism - which incidentally ruined the country economically - but when it doesn't work out the liberals run for the more conservative sanctuary of regulation.

Surely this must be the greatest flip-flop in Irish history?

Does it point to other trends - which I have also observed too. Is it inconsistent with liberalism in general where as an individual I have full ownership of my rewards and the state (and society) in general has full ownership of my disasters!
A lot of people voted for the government because they wanted a share in the spoils of the boom (bubble) and how they are cribbing because it's gone.
 

b.a. baracus

Well-known member
Joined
Feb 3, 2009
Messages
2,203
I was half listening to the radio today and the usual subjects of Debt, Economy and Housing were being covered. I believe it was Marian Finnucane - not sure if she is on today.

Anyway the subject matter illustrated a point to me which I thought was really interesting. During the boom years many were economic liberals. But when the whole thing came crashing down fault was being put at the lack of regulation! Get the paradox! I did!

So basically while everything is going well economically we can have laissez faire liberalism - which incidentally ruined the country economically - but when it doesn't work out the liberals run for the more conservative sanctuary of regulation.

Surely this must be the greatest flip-flop in Irish history?

Does it point to other trends - which I have also observed too. Is it inconsistent with liberalism in general where as an individual I have full ownership of my rewards and the state (and society) in general has full ownership of my disasters!
Capitalism on the way up. Socialism on the way down. You listened to a very familiar argument. When everybody is making money they, as individuals, don't want to share it out. When they are losing money then it is somebody elses fault.

If one of these "NAMA for everybody" clowns can provide evidence of being forced to take out loans at gunpoint then I may rustle up some sympathy. Tip: You won't find one.

Till then - tough poo-poo.
 


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