12/05/2011

Former SEIU Chief Praises China's "Superior Economic Model"

Posted by Brian


Former Union Chief Andy Stern Praises Crony Communism

Economic Systems: The former head of the Service Employees International Union says capitalism is on the ash heap of history and sees China as our role model. We have seen his future, however, and it doesn't work.
President Obama once reportedly told aides, according to the New York Times, that things would be easier if he were president of China. Presumably he meant there would be no pesky things like a Congress, free elections and a free press to deal with.
Former SEIU chief Andy Stern, who may still hold the record for visits to the White House under this administration, would agree with that assessment. Stern, in an op-ed in the Wall Street Journal, writes of China's "superior economic model," a command-and-control economy unimpeded by such anachronisms as democracy and a truly free market. Stern writes that the "conservative-preferred free-market fundamentalist shareholder-only model" of capitalism "is being thrown onto the trash heap of history in the 21st century."
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