paft: Capitalism practiced with some level of government oversight as opposed to a laissez-faire system. sw: What level of oversight constitutes "some" and, of far greater import, what is that level of oversight meant to achieve?
The Glass Steagal act is one example, and it's meant to prevent what happened to our economy in 2008.
In other words, you're not using the common usage of the term "liberalism" as used in modern political discussion. You're just playing your usual word games.
SW: In contrast modern Liberalism is primarily defined by the fetishization of a group/tribal identity over that of the individual emphasizing the concepts of both collective achievement/reward and collective guilt/punishment.
Uh, no, it's not "primarily defined" that way except by right wingers opposed to liberalism.
no subject
sw: What level of oversight constitutes "some" and, of far greater import, what is that level of oversight meant to achieve?
The Glass Steagal act is one example, and it's meant to prevent what happened to our economy in 2008.
sw: http://en.wikipedia.org/wiki/Classical_liberalism
In other words, you're not using the common usage of the term "liberalism" as used in modern political discussion. You're just playing your usual word games.
SW: In contrast modern Liberalism is primarily defined by the fetishization of a group/tribal identity over that of the individual emphasizing the concepts of both collective achievement/reward and collective guilt/punishment.
Uh, no, it's not "primarily defined" that way except by right wingers opposed to liberalism.