Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Gulf oil spill offers a lesson in capitalism vs. socialism

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-29-10 09:30 AM
Original message
Gulf oil spill offers a lesson in capitalism vs. socialism
http://www.washingtonpost.com/wp-dyn/content/article/2010/05/26/AR2010052604013.html

By E.J. Dionne Jr.

Thursday, May 27, 2010

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

The fact that the answer to this question seems as murky as the water around the exploded oil platform in the Gulf of Mexico suggests that this is an excellent moment to recognize that our arguments pitting capitalism against socialism and the government against the private sector muddle far more than they clarify.

Many tragic ironies are bubbling to the surface along with the oil. Consider the situation of Gov. Bobby Jindal of Louisiana, a Republican conservative who devoutly opposes the exertions of big government.

"The strength of America is not found in our government," Jindal declared in his response to President Obama's February 2009 address to Congress. "It is found in the compassionate hearts and the enterprising spirit of our citizens."

But with his state facing an environmental disaster of unknown proportions, Jindal is looking for a little strength from Washington. His beef is that the federal government isn't doing enough to help. "It is clear we don't have the resources we need to protect our coast," he said this week, expressing his frustrations with "the disjointed effort to date that has too often meant too little, too late."

You can't blame Jindal for being mad. But will he ever acknowledge that "compassionate hearts" were not sufficient for coping with this catastrophe? Did he ever ask BP how prepared it was for something like this? Or was he just counting on the company's "enterprising spirit"?
Printer Friendly | Permalink |  | Top
Rage for Order Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-29-10 09:35 AM
Response to Original message
1. BP didn't sign a lease with Louisiana
They signed a lease with the federal government.

:shrug:
Printer Friendly | Permalink |  | Top
 
Scuba Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-29-10 10:18 AM
Response to Original message
2. Privatizing profits while socializing losses.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Mon May 13th 2024, 12:17 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC