Tuesday, January 10, 2012

Brooks: Missing Liberals

The New York Times' David Brooks has a column on how "rent seeking" has contaminated the image of Washington and thus reduced the number of liberals. Oddly, he doesn't define rent seeking very clearly. Wikipedia defines it as
Manipulating the social or political environment in which economic activities occur, rather than by creating new wealth. For example, spending money on political lobbying in order to be given a share of wealth that has already been created.
The point of Brooks' column is to answer the question "where have all the liberals gone?" His response:
Life is unfair. Republican venality unintentionally reinforces the conservative argument that government is corrupt. Democratic venality undermines the Democratic argument that Washington can be trusted to do good.
Not all of his columns are good, but this is a good one.