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To: fhayek

“Why wouldn’t they just emigrate to socialism instead of trying to implement it here, when there are so many people here who want no part of it?”


Because they know in their hearts that it doesn’t, it CAN’T, work. So what they really want is to live in a rich and safe country and be part of the class that lords it over everyone else. Besides, Socialism works for a while (while borrowing from the future), so they get the satisfaction of telling everyone else that it works (until it doesn’t). IOW, they are stupid.


11 posted on 10/13/2018 11:27:35 AM PDT by Ancesthntr ("The right to buy weapons is the right to be free." A. E. van Vogt, The Weapons Shops of Isher)
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To: Ancesthntr; fhayek
Besides, Socialism works for a while (while borrowing from the future), so they get the satisfaction of telling everyone else that it works (until it doesn’t).

I know it is a popular talking point among conservatives but economics doesn’t really work that way. Just like you can’t travel to the future you can’t borrow from it either.

How it really works is that capital (money) is diverted from where it would other wise go (productive areas) to where the politicians want it to go (social welfare programs).

This continues until the economy has been so crippled by the diversion of resources to unproductive uses that it can no longer support the social welfare state and the economy falls in to decline.

The ‘Mortgaging our children’s future’ meme also has its counterpoint on the Left ‘Investing in our children’s future’ when referring to things like government subsidized education.

Both are rhetorical tools that are somewhat misleading. Money exist in the now. It can not be taken from the future and used in the now. If you use it in this place you are not using it somewhere else.

It is the Broken Window Fallacy writ large.

17 posted on 10/13/2018 12:08:29 PM PDT by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
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