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sapinker's profile
Steven Pinker
Steven Pinker
Steven Pinker
Verified account
@sapinker

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Steven PinkerVerified account

@sapinker

Cognitive scientist at Harvard.

Boston, MA
pinker.wjh.harvard.edu
Joined January 2010

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    Steven Pinker‏Verified account @sapinker 12 Jul 2017

    The right & left confuse pro-market w pro-business. Matt Ridley: Truly free markets = opposing crony capitalism.https://capx.co/uWiaH 

    1:43 PM - 12 Jul 2017
    • 465 Retweets
    • 1,025 Likes
    • Paul Knight 🔰 Patrick Bryant Sebastian Horn jabolitho John Leven DrSmartThong Moses Obita KyriakosPapadopoulos Andreas
    57 replies 465 retweets 1,025 likes
      1. New conversation
      2. pierre au contraire‏ @arataic 12 Jul 2017
        Replying to @sapinker

        The underlying problem with this view is that even in a completely free market, wealth tends to concentrate.

        4 replies 0 retweets 18 likes
      3. pierre au contraire‏ @arataic 12 Jul 2017
        Replying to @arataic @sapinker

        And those with concentrated wealth will always seek to restrict the market in their favor. A free market cannot stay free by itself for long

        1 reply 1 retweet 20 likes
      4. pierre au contraire‏ @arataic 12 Jul 2017
        Replying to @arataic @sapinker

        To ensure a free market, some entity (e.g., government) needs to prevent market stifling by accumulated wealth.

        2 replies 0 retweets 11 likes
      5. Tweet unavailable
      6. pierre au contraire‏ @arataic 13 Jul 2017
        Replying to @michaelcaution @sapinker

        1) not sure how separating economy and state is possible. I'm trying to imagine a full separation, and I don't think it can be done.

        1 reply 0 retweets 1 like
      7. Tweet unavailable
      8. pierre au contraire‏ @arataic 13 Jul 2017
        Replying to @michaelcaution @sapinker

        I agree that big business should not have special influence on govt. Ideally govt penalizes externalities and prevents mono/oligopolies.

        1 reply 0 retweets 1 like
      9. 5 more replies
      1. David N. Welton‏ @davidnwelton 12 Jul 2017
        Replying to @sapinker @kimmaicutler

        @zingales also makes this point well here https://promarket.org/donald-trumps-economic-policy-pro-business-not-pro-market/ … and elsewhere

        0 replies 3 retweets 2 likes
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      1. New conversation
      2. Mike W #FBPE #NHS‏ @mikewhiteatcj 12 Jul 2017
        Replying to @sapinker

        is that the Matt Ridley who was in charge of Northern Rock that needed bailing out in 2007 despite his ruthless view of business?

        1 reply 0 retweets 3 likes
      3. David Wearing‏ @DJWearing 12 Jul 2017
        Replying to @mikewhiteatcj @sapinker

        Too right. Easy to talk big and macho on economics when it's all theory. The real test is when it's your own money on the line.

        1 reply 0 retweets 2 likes
      4. DJ‏ @oldtaxipark 12 Jul 2017
        Replying to @DJWearing @mikewhiteatcj @sapinker

        Wait. This guy's former company got a govt bailout & he's just written a novel against corporate welfare?! 😂 Does make some good points tho.

        0 replies 0 retweets 2 likes
      5. End of conversation
      1. New conversation
      2. int%rmitt]nt sig^al. ...~!...))ACK.n34|&m4c(*.NAK.‏ @Auld_Mac 12 Jul 2017
        Replying to @sapinker

        Truly 'free markets' are as ideologically absurd as 'communist utopia'. All ideals must be permanently aspirational or descend into chaos.

        2 replies 0 retweets 16 likes
      3. 1 more reply
      1. New conversation
      2.  🦉 Wisdomination  🦉‏ @Supreme_Owl_FTW 12 Jul 2017
        Replying to @sapinker

        Centrally planned economies = extreme crony capitalism. Irony, really. Left thinks they can solve problems by promoting them to government.

        2 replies 1 retweet 2 likes
      3. A.J. Cook‏ @albertjamescook 12 Jul 2017
        Replying to @Supreme_Owl_FTW @sapinker

        I think the Right can make a case for unregulated markets that doesn't almost immediately result in Enron, Lehman Bros or Mylan anytime...

        1 reply 0 retweets 1 like
      4.  🦉 Wisdomination  🦉‏ @Supreme_Owl_FTW 12 Jul 2017
        Replying to @albertjamescook @sapinker

        Most really nasty monopolies and "too big to fails" require active government enablement. So...

        2 replies 1 retweet 4 likes
      5. A.J. Cook‏ @albertjamescook 12 Jul 2017
        Replying to @Supreme_Owl_FTW @sapinker

        I mean, those are the best examples of unchecked capitalism in recent memory. So like I said, if the Right wants to actually make a case...

        2 replies 0 retweets 0 likes
      6.  🦉 Wisdomination  🦉‏ @Supreme_Owl_FTW 12 Jul 2017
        Replying to @albertjamescook @sapinker

        Capitalism really means two things. Corporatism with assistance of political power, and entrepreneurial meritocracy.

        2 replies 0 retweets 0 likes
      7.  🦉 Wisdomination  🦉‏ @Supreme_Owl_FTW 12 Jul 2017
        Replying to @Supreme_Owl_FTW @albertjamescook @sapinker

        I'm cautiously delighted that most people across pol spectrum agree that entrepreneurial is good. Can also agree cronyism bad.

        2 replies 0 retweets 0 likes
      8. A.J. Cook‏ @albertjamescook 12 Jul 2017
        Replying to @Supreme_Owl_FTW @sapinker

        Legislative support for corporatism is not a place for the GOP to tell anybody they are the good guys...so taking about meritocracy is cheap

        1 reply 0 retweets 1 like
      9.  🦉 Wisdomination  🦉‏ @Supreme_Owl_FTW 12 Jul 2017
        Replying to @albertjamescook @sapinker

        Definitely talking about specific American parties rather than in general, got it. As an European classical liberal, you have no right party

        2 replies 0 retweets 0 likes
      10. 1 more reply

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