Fwd: How the free market killed New Orleans

[Guest guest]

" The free market played a crucial role in the destruction of New Orleans

and the death of thousands of its residents. Forewarned that a momentous

(force 5) hurricane was going to hit that city and surrounding areas, what

did officials do? They played the free market.

 

" They announced that everyone should evacuate. Everyone was expected to

devise their own way out of the disaster area by private means, just like

people do when disaster hits free-market Third World countries.

 

" It is a beautiful thing this free market in which every individual

pursues his or her own personal interests and thereby effects an optimal

outcome for the entire society. Thus does the invisible hand work its

wonders in mysterious ways.

 

" In New Orleans there would be none of the collectivistic regimented

evacuation as occurred in Cuba. When an especially powerful hurricane hit

that island in 2004, the Castro government, abetted by neighborhood

citizen committees and local Communist party cadres, evacuated 1.5 million

people, more than 10 percent of the countrys population. The Cubans lost

20,000 homes to that hurricane---but not a single life was lost, a

heartening feat that went largely unmentioned in the U.S. press.

 

Full article at:

http://www.politicalaffairs.net/article/view/1794/