Sunday, July 30, 2006

IRAs Enable the "Ownership Society"

The American Spectator has a "compelling" article on how American free market capitalism actually reduces racism. Some highlights below:
We saw the marginalizing effects of socialism with the favoritism shown to Great Russians in the Soviet Union. We see it again today in France, Europe's grandest exponent of continental socialism, its cities in flames because of the lack of economic opportunity exacerbated by race discrimination that is in turn enabled by its stratified and heavily regulated economy. Ireland, Europe's most market oriented economy, has no such issues.
The American Spectator: Capitalism, Socialism and Race
It is interesting that the only IRA the American Spectator (AS) seems to be aware of is the one that involves stock market equities. Indeed, it boggles the mind to see that the AS is holding up Ireland as an example of racial peace in Europe! Perhaps they think that Fox News has us all too worried about those swarthy Muslims to remember the sad saga of class driven race violence that has wracked Erie for over 100 years.

And sorry AS, the USA is not less racist than European societies and it certainly does not owe any of the dubious progress that it has made to capitalism! Today in America, among males age 25 to 29, 12.6% of blacks were in prison or jail, compared to 3.6% of Hispanics and about 1.7% of whites (from a 2004 report on the US DOJ website, also see comments and thank you for the corrections). In addition, nearly every black political leader in America has been assassinated or discredited due to the effects of institutionalized racism.

This magazine and other publications like it are examples of why it is so very important for socialists and progressives to fight to gain access to the public debate. If we do not, this sort of pseudo-journalism filled with lies and distortion will define the terrain of human thought and continue to destroy our world.

A socialist perspective gives us the context, intellectual honesty and political bravery to fight racism by addressing its root cause - capitalism.

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