Posted on 10/01/2021 7:26:36 PM PDT by aquila48
In 1950, during one of his most important speeches, Mises identified the most dangerous ideology on the global stage:
"They reject socialism no less than capitalism. They recommend a third system, which, as they say, is as far from capitalism as it is from socialism, which as a third system of society’s economic organization, stands midway between the two other systems, and while retaining the advantages of both, avoids the disadvantages inherent in each. This third system is known as the system of interventionism. In the terminology of American politics it is often referred to as the middle-of-the-road policy."
This ideology succeeded where communism failed, successfully toppling governments around the world that never had true respect for property rights.
But as Mises understood, however, this “managerial revolution” could not last as a sustainable form of government. Interventionism may be politically convenient, but ultimately it is grounded in volatile inconsistencies. It must be rejected completely, or it will inevitably lead to more and more power shifting to the state.
This is precisely what we have seen.
(Excerpt) Read more at mises.org ...
hello fascism
Capitalism is finished.
If however, one of them decides to take from the other……
Americans vs Democratics in a nutshell.
It is time to seriously discuss secession. Even though I live in a Blue State, I want to know the American Way remains thriving in some areas of this country.
later
Not Socialism, Serfdom.
“Not Socialism, Serfdom.”
Friedrich Hayek wrote a book on the subject called “The Road to Serfdom”. Definitely worth the read.
Maybe pure American Capitalism under our Republic as founded but I believe the left wants and sells the Chicom Communist Capitalism and wants it rebranded as American progressive capitalism.
Hayek called it “The Road to Serfdom”
Tocqueville had a great way of describing what’s going on...
““Society will develop a new kind of servitude which covers the surface of society with a network of complicated rules, through which the most original minds and the most energetic characters cannot penetrate. It does not tyrannise but it compresses, enervates, extinguishes, and stupefies a people, till each nation is reduced to nothing better than a flock of timid and industrious animals, of which the government is the shepherd.”
Talk about hitting the nail on the head!
‘ inevitably’. Is here. Gramsci’s “ long March through the institutions’ is complete. Big Government, Big Media and Corporate capture by the Leftist is finished.
bookmark
I’m afraid so. I can’t think of a single institution that they don’t control. Sports and the military used to be a couple of holdouts, but they have capitulated as have the churches.
Capitalism is not one thing. Finance capitalism, monopoly capitalism, industrial capitalism, tax-harvesting capitalism are all very different, as is free exchange among the yeomanry.
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