The End of American Entrepreneurship
Remember that abolishing private property is a central tenet of communism. By propping up failed businesses, the state clogs the veins of the free market and slowly chokes liberty from the hands of the people.
Keeping all this in mind, it's hard to read this article and not deduce that the death of entrepreneurship is exactly what the oligarchs of the State desire.
This article by Robert Samuelson comes to YAL from RealClearPolitics.com via Hotair.com:
A Stand-Pat Society?
One insistent question at the start of a new decade involves the lingering effects of the old: What scars will the Great Recession leave? We are already seeing some. Americans are moving less than at any time since World War II, reports demographer William Frey of the Brookings Institution. People are tied to existing homes, can't get loans for new ones and won't move to places without job commitments, says Frey. Only 1.6 percent of Americans are now moving across state lines, half the rate of a decade ago.
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