2/25/2006

Welcome to laissez-faire hell


"Blind faith-based economic policies of privatization of state resources, reduction in public spending and deregulation in general have created a laissez-faire hell for the huge impoverished global majority. Occasionally, as Bill Gates did last week with his declared initiative against TB, corporate multi-millionaires offer to use some of their wealth to alleviate some of the suffering. But had their corporations been subject to equitable taxation and regulation and the resulting revenues been applied to social spending on health and education, much untold suffering might have been avoided in the first place."

Read more: Poverty, consumerism and anti-imperialism

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