There seems to be a misunderstanding on this sub-forum what 'true' conservatism is.
Conservatives aren't disciples of Milton Friedman, if anything his philosophy was the antithesis of being conservative.
Conservatives believe in traditional hierarchy and social stability. The rich or landowning class are suppose to have a parental relationship with the commoners, and culture should trickle down.
The Friedman revisionism created the concept of creative destruction and the need for global trade to lower labor costs while specializing a wide arrange of industries.
These free market conservatives have worked to dismantle traditional wealth and industrial capital by liquidating domestic markets for private equity firms and off-shoring technical labor to China and India.
The 'high-end' jobs these modern 'conservatives' preach as replacing shuddered communities are paper work for big monetary transactions by global investors. Even the master programmers leave the technical design details to the actual manufacturers in east Asia.
Traditional conservatives like the Whigs supported public infrastructure to keep dispersed markets on an equal playing field.
The fraudulent libertarians called 'conservatives' have wanted to destroy social order by concentrating capital into a few metro areas and pummeling migrants and transplants into overpriced housing.
The cultural consumption from entertainment to culinary offerings has been globalized, as mass media has homogenized consumer behavior and kept the markets easily manageable for investors, and revenues have continued to increase.
The New Right after Goldwater did away with the long tradition of conservatism, but kept with Keynes in making sure the equity market never collapsed.
If a recession were to reduce capital appreciation, structural debt, the fractional reserve system, and consumer spending would unravel global markets and leave powerful economic governors on wall street with no practical power.
The fed was to make sure the free market system would keep humming along, and its something any and ever 'free-market' idealist would use to keep the house of cards from falling inwards. Everything libertarians love from cheap consumer products to angel investors to massive revenue growth would disappear overnight.
The new right have destroyed conservatism, just like the Tea Party, Reagan, Bush, and the rest all worked tirelessly to achieve. Now America is more centralized and globalized by financial speculators with all our industrial capacity transported out of our social system into China.
I'm not a conservative but if I were I'd be ashamed of what has happened.
https://en.wikipedia.org/wiki/Tradit..._United_States
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