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Friday, November 17, 2006

 

Social Contracts

- By Thomas E. Brewton

Since the 1930s, most Americans have come to believe in a fairy tale that has no happy ending. Democrats' victories in the recent elections have revived the fairy tale.

Washington Post staff writer Dan Balz, in a November 13, 2006, article explores the unresolved questions and internal debates remaining after the recent congressional elections.

One of those questions, as he sees it, is:

Equally important is the question of which party can adequately address the twin problems of keeping the United States competitive in a global economy and restoring the social contract that has helped provide economic security to workers and that has been shattered as a result of the corporate restructuring that globalization has brought about.

Mr. Balz is working under a false assumption: the expectation that the Federal government controls business, as well as the idea that it is possible to have a "social contract" under which government can effectively provide economic security to workers.............
Click HERE To Read On
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