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  • Statist: The Definition of How Government Rules Through Economy

    06/01/2022 8:52:34 AM PDT · by libertasbella · 5 replies
    Libertas Bella ^ | 6/1/2022 | Alex Horsman
    Statism is nothing more than gang rule. A statist dictatorship is a gang devoted to looting the effort of the productive citizens of its own country.” – Ayn Rand, War and Peace, The Objectivist Newsletter, Oct 1962 What is statism? Merriam-Webster defines it as the “concentration of economic controls and planning in the hands of a highly centralized government often extending to government ownership of industry.” In essence, statism is the belief that the state or government, regardless of its size or the amount of control it exerts over its subjects, is legitimate to at least some extent. In practice,...