Magazine article Sojourners Magazine

Subsidizing the Rich

Magazine article Sojourners Magazine

Subsidizing the Rich

Article excerpt

We now have almost three decades of experience with the idea that markets will solve our problems. The promised results are not there and there is no reason to believe that they are over the next horizon, just a few more subsidies away. Electricity costs more and its delivery is less reliable. Many hundreds of billions of tax dollars have been diverted to the rich, leaving our schools, parks, and local government services starved for tunas. Jobs and assets are going offshore, sometimes to the detriment of not just the economy, but national security.

We have layered subsidy upon giveaway upon legal absolution for reckless conduct in a chaotic attempt to protect jobs, and it has not worked. We pour billions into subsidies for sports teams and golf courses. Our health care system costs us far more than that of any other industrial country and yet we live shorter lives than the Canadians, Europeans, and the Japanese. We stand alone among modern societies in making tens of millions of our citizens go without health care, many of whom die or become disabled because of this nutty idea that medicine is a business, not a service. We have erected obstacles to the earnest but poor who seek to better themselves through library study and higher education.

And our politicians in both parties are hypocrites of the first water, nearly every one of them. They vote to make the poor sacrifice again and again so that the rich can have more, yet they run for office handing out photos showing that they regularly attend religious services. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.