Economics Essay

Linker’s article plainly depicts the ideology of those favoring more of a command economy for America. Elaborating upon the vague overview that America seems to be on the “wrong track”, Linker states that this spawns from a declining economy, most notably an all-time low in job production, middle class wages, and economic equality. These ideas insinuate his preference of a command economy, where the primary economic goals include stability and equality. Targeting the lack of political influence over the economy, Linker notes the seemingly excessive freedoms of entrepreneurs and private businesses, and refers to the potential destruction this may bring to America’s economy through a comparison to the European Union. In his belief, by adopting free trade and refusing to establish “Europe-wide political institutions”, the European Union has developed an irresponsible economic system with little political intervention in spite of a generally democratic political system. With a lack of government intervention, Linker uses the example of raising the minimum wage to depict how the governmen...