How the Free Market Killed New Orleans

beatriz

September 03, 2005

How the Free Market Killed New Orleans
By Michael Parenti

The free market played a crucial role in the destruction of New Orleans and the death of thousands of its residents. Armed with advanced warning that a momentous (force 5) hurricane was going to hit that city and surrounding areas, what did officials do? They played the free market.
They announced that everyone should evacuate. Everyone was expected to devise their own way out of the disaster area by private means, just as the free market dictates, just like people do when disaster hits free-market Third World countries.

It is a beautiful thing this free market in which every individual pursues his or her own personal interests and thereby effects an optimal outcome for the entire society. This is the way the invisible hand works its wonders.

There would be none of the collectivistic regimented evacuation as occurred in Cuba. When an especially powerful hurricane hit that island last year, the Castro government, abetted by neighborhood citizen committees and local Communist party cadres, evacuated 1.3 million people, more than 10 percent of the country's population, with not a single life lost, a heartening feat that went largely unmentioned in the U.S. press. (....)

It was not until Day Three that the relatively affluent telecasters began to realize that tens of thousands of people had failed to flee because they had nowhere to go and no means of getting there. With hardly any cash at hand or no motor vehicle to call their own, they had to sit tight and hope for the best. In the end, the free market did not work so well for them. (....)

Source Znet, continue reading : http://www.zmag.org/sustainers/content/2005-09/03parenti.cfm