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Dissapointing. There are much better treatments of the subject
on July 6, 2011
Ah, my favorite ultra-liberal MIT professor. While I admire his academic work in the linguistics field I find him lacking when he ventures into the political realm. Would that he would apply the same scientific rigor towards this governmental analysis, but sadly not. He picks and chooses examples that support his point, dismisses without substantiation counter points and his syllogisms once begun are conjoined with weak emotional links such as: "I feel," and "I think." His lack of citation of The Wealth of Nations is dumbfounding especially since he quotes many peers from the same period.
He views corporations as bodies of consolidated power from which voters have been disenfranchised. This seems strange for a few reasons, but most importantly: Anyone can buy shares and vote on the election of corporations' board of directors with far greater regularity than most governments; companies compete with each other in the marketplace rising and falling from positions of eminence as a direct result to how well they satisfy their customers, contrary to the perpetuity of government notwithstanding its efficaciousness.
While this is a quick read, and interesting due to its author, the reader would be much more suited by spending their time reading other, better, sources.