May 27, 2008

Huck Rejects Free-Market Capitalism

In an interview last Thursday, Mike Huckabee laid out his vision for the Republican Party:

Republicans need to be Republicans. The greatest threat to classic Republicanism is not liberalism; it's this new brand of libertarianism, which is social liberalism and economic conservatism, but it's a heartless, callous, soulless type of economic conservatism because it says "look, we want to cut taxes and eliminate government. If it means that elderly people don't get their Medicare drugs, so be it. If it means little kids go without education and healthcare, so be it." Well, that might be a quote pure economic conservative message, but it's not an American message. It doesn't fly. People aren't going to buy that, because that's not the way we are as a people. That's not historic Republicanism. Historic Republicanism does not hate government; it's just there to be as little of it as there can be. But they also recognize that government has to be paid for.

Mike Huckabee misses the fundamental point of free-market capitalism, which is that free markets promote economic growth for all people, including the poor, in a way that government simply can't match. Historically, it has been free markets and private philanthropy--not government--that has generated prosperity, eliminated poverty, and fostered opportunity. When government interferes by trying to manipulate the economy to produce "desirable" results, it almost always ends up doing worse than the market could have done by itself.

Huckabee is subscribing to the liberal, not to mention condescending, notion that people cannot better their lives without government holding their hand a good part of the way. Huckabee is entitled to his opinion, but he shouldn't pretend to be an economic conservative when he rejects the basic tenet upon which conservatism is based.

Posted at Nachama Soloveichik at 6:11 PM | TrackBack

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