The Dubai Bubble Heads »
Posted By Progressive 2 months, 1 week ago in Business & Finance
Of course, Dubai’s financial crisis has rattled markets. What’s surprising is that so many right-wingers had fallen in love with the emirate’s bizarre society in the first place.
Read Full Story at thedailybeast.com »
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Progressive
Those who can make you believe absurdities can make you commit atrocities.
- Voltaire
There is nothing worse than aggressive stupidity.
- Johann Wolfgang von Goethe
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Beau78902 months, 1 week ago
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It's not that surprising to me that right-wingers or self-proclaimed "free-marketers" see Dubai as a model. From the article:
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Dubai is “free” in the sense that it has low taxes, but it’s a monarchy where, according to the State Department, human rights abuses included “no citizens’ right to change the government and no popularly elected representatives of any kind; flogging as judicially sanctioned punishment; arbitrary detention and incommunicado detention, both permitted by law; questionable independence of the judiciary; restrictions on civil liberties- freedom of speech and of the press (including the Internet), and assembly; restrictions on right of association; restrictions on religious freedom; domestic abuse of women, sometimes enabled by police; trafficking in women and children; legal and societal discrimination against women and noncitizens; corruption and lack of government transparency; common abuse of foreign domestic servants; and severe restrictions on and abuses of workers’ rights.”
That's what you get with limited governmental protections for individuals and unlimited governmental support of business--which is what people calling themselves "free-marketers," usually business people, admire. -
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awongscreen2 months, 1 week ago
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That is problem with capitalism and free market economy. A society where the rich are FREE to do whatever they want without any regulations. It is all base on self center greed.
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For those who still support capitalism and dream that perhaps one day they would become one of the elite rich, all I can say is keep dreaming.
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