QUESTIONER: I'm Gary Rosen from Commentary magazine. I'm not a French socialist, but if I were, licking my wounds this morning, I would say, "Well, we have our bureaucratic capitalism and we have 35-hour work weeks. We have all these lovely little cafes that, when you get rid of the rule about a small firm being 15 people or fewer, will be replaced by Starbucks. I have a generous pension. Why is it that I want your entrepreneurial capitalism? Why is my form of capitalism bad capitalism?
[CARL J.] SCHRAMM: Well, I was just there. And they were really nice to my children, and the food was great.
I think the answer is, you know, that is a cultural issue. That what you have described is a situation of satisfying. We're satisfied. But the externalities of what you pay for that are pretty extraordinary. Unemployment at 10 percent. That means people do live on the government.
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How much security is the state going to provide you to prevent you from becoming creative?
If the price we must pay for a 35-hour work week, generous pensions, and a nation of small businesses is that employers may not adequately capture our "creativity" by tethering our whole existence to work, let me be the first to accept on their behalf.
2 comments:
for real
How much security is the state going to provide you to prevent you from becoming creative?
that statement blew my mind. in a bad way..
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