Thursday, May 27, 2010

E.J. Dionne Jr. - Gulf oil spill offers a lesson in capitalism vs. socialism

So who is in charge of stopping the oil spill, BP or the federal government?

But the truth is that we have disempowered government and handed vast responsibilities over to a private sector that will never see protecting the public interest as its primary task. The sludge in the gulf is, finally, the product of our own contradictions.

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