This is a play on my blogpost about Environmentalism as Religion.<TOUNG-IN-CHEEK>
NeoConservatives believe in the fantasy that all governmental regulations on the market are bad! Bad! BAD! BAD! BAAAD!!! If benevolent corporations like Microsoft, ExxonMobil, and AT&T were just allowed to do whatever they want there would be Universal Health Care and no poverty. Plus everybody would live in their very own mansion and own a pony! Therefore we should “drown the government in a bath tub.”
When confronted with a massive trade deficit that’s industrializing China while deindustrializing the United States, the Invisible Hand’s devout members argue that a society that owns more stuff is more responsible than one that produces said stuff.
When confronted with the out-of-control Neocon-approved deficit spending, the Invisible Handers reply that the Prophet “Reagan proved deficits don’t matter.” The fact that people and governments can spend money they don’t have, just proves the rational logic of the market system!
When confronted with a slew of competition-squashing big Telecom abuses, the Cult of the Invisible Hand counters that Telecoms wouldn’t need to use dirty tactics to sabotage their competitors and hoard their vast wealth if they didn’t have to pay taxes.
And when archetype conservative William F. Buckley Jr. admits that he would like to see the abolition of cigarettes and compares cigarette manufacturers to the Nazis who manufactured Zyklon B gas to execute Jews… Well, Buckley is a “Paleoconservative” and obviously hates America.
With complete, unquestioning faith in the Invisible Hand, it will solve all the world’s ills for us! This means complete rejection of the consensus pragmatic approach to Mixed-Market Economies, which applies a well-balanced combination of free-market incentives moderated with governmental regulations to produce a stable market that ensures maximal fair competition and does not run out of control. That’s just silly!!!