Beyond the Free Market: Why We Need a Watchful Eye Protecting Citizens
In a world increasingly dominated by the free market, political analyst Omar Cherkaoui reminds us of a crucial truth: citizens should not be left vulnerable to the whims of supply and demand. In a thought-provoking blog post titled “The High Cost of Living,” Cherkaoui argues that the state must evolve beyond its traditional role and actively safeguard its people from the potential pitfalls of unchecked capitalism.
This isn’t about dismantling the free market, but rather acknowledging its limitations. Just as a shepherd guides their flock, so too must the state provide guidance and protection within the economic landscape. Without this watchful eye, individuals can become collateral damage in the pursuit of profit.
Consider the issue of affordable housing. In cities like San Francisco, where the median home price hovers around $1.7 million, the free market has demonstrably failed to provide adequate housing for many. This has led to a crisis of affordability, forcing individuals and families out of their communities and widening the gap between the haves and have-nots.
The solution, Cherkaoui argues, lies in a more engaged state. This could take various forms, from implementing stricter regulations on rent increases to investing in social safety nets that provide a cushion for those struggling to keep up.
This call for a more active state isn’t about stifling innovation or economic growth. Rather, it’s about ensuring that the benefits of a thriving economy are shared more equitably. It’s about recognizing that true progress cannot be measured solely by GDP, but also by the well-being of all citizens.
Cherkaoui’s message is a timely reminder that the pursuit of economic prosperity should never come at the expense of human dignity and security. By embracing a more compassionate and engaged approach, we can create a society where everyone has the opportunity to thrive, not just survive.
