Post from MB Blog:
Time for an Intervention
Bad? Brilliant?
You can rate this post.
Register or login now and
tell us what you think.
Bob Herbert sums up well what happens when a society's (ours) priorities go awry. A crumbling infrastructure, a lack of emphasis on education, an election contest turned into a horse race - it's all here.

What a perfectly lovely mess.

I think we can pretty much rule out drowning government in a bathtub as a prescription for righting this ship.

Reader Comments
  
Time to change the paradigm
By Jim Oct 16th 2008 at 10:44 am MDT (Updated Oct 16th 2008 at 10:44 am MDT)
This is an historic (and overdue) time to re-define the roles of government and business. The free-market theory (or at least the version the U.S. has been using) is not working.

However, I'd hate to see the pendulum swing all the way back to the LBJ social programs or the welfare state in pre-Thatcher Britain. That would invite a Reaganite restoration and begin the dismal cycle anew. We need something in between, whatever that may be, and the possibilities are exciting.

The question is: Are our political leaders up to the challenge? With moderates purged from parties that owe so much to either big business or big labor, our current and prospective leaders seem unlikely to reach the compromise we need.

Wouldn't it be interesting, though, if the next president (whichever flawed candidate wins) could assemble a brain trust of people like Bill Gates, Warren Buffet, economists like Robert Reich, etc., to think this through and come up with a new design?