MCViewPoint

Opinion from a Libertarian ViewPoint

Washington’s Pointless War on Behalf of a Fake Nation

Posted by M. C. on September 28, 2022

Needless to say, partition of the fake state of Ukraine is not remotely on Washington’s mind. After all, it would remove the latest neocon reason for spreading the blessings of Forever Wars to the fairest parts of the planet.

By David Stockman

David Stockman’s Contra Corner

The messages are coming in loud and clear today—from the crashing pound, to repudiation of establishment governments in Italy, Sweden and more to come, to Hungarian Prime Minister Orban’s call to end the Sanctions War and do so pronto.

So let’s be clear: Washington’s dunderheaded intervention in the intramural spat between Russia and Ukraine and the accompanying global Sanctions War is the surely the stupidest, most destructive project to arise from the banks of the Potomac in modern times. And the architects of this perfidious folly—Biden, Blinkin, Sullivan, Nuland et. al.—cannot be condemned harshly enough.

After all, this madness is being pursued in the name of abstract policy norms—the rule of law and sanctity of borders—that make Washington a laughing stock. More than any other nation on planet earth (and by a long-shot), it has serially and blatantly violated these standards scores of times in recent decades.

Among other actions, Washington’s interventions in Serbia, Iraq, Afghanistan, Libya, Yemen, Syria, Somalia etc were not only pointless; they were also a self-evident violation of the very rule of law and sanctity of borders upon which Washington now beats its breasts ever more stridently.

Moreover, by wallowing in this unhinged hypocrisy Washington has abandoned every semblance of commonsense as to why this conflict happened in the first place and why it is wholly irrelevant to the national security of the American homeland, or, for that matter, Europe, as well.

The fundamental fact is, aside from the historically short interval of iron-fisted communist rule during the Soviet era, Ukraine had never been a nation-state within its post-1991 happenstance borders. In fact, for upwards of 275 years before 1918 much of its territories were borderlands, vassals and outright provinces of Czarist Russia; and before that constituents of the Polish-Lithuanian Empire and others.

So we are not dealing with the invasion of a long-established, ethnically and linguistically coherent state by its aggressive neighbor, but with the left-over potpourri of separate tongues, territories. economies and histories that were smashed together by brutal communist rulers between 1918 and 1991.

Accordingly, the fast-approaching dark, cold winter of stagflationary collapse in Europe is not being done in heroic defense of the grand principles proffered by Washington and NATO. To the contrary, it amounts to the pointless and grubby business of preserving a vile status quo ante that was confected on the lands north of the Black Sea, not by the ordinary course of historical evolution and nation-state accretion, but by the bloody-hands of Lenin, Stalin and Khrushchev.

In any event, the staggering economic costs for the everyday peoples of Europe in pursuit of such a threadbare and illegitimate purpose is starting to register among the long-suffering victims of Brussels’ elitist rulers. Hence the thunderbolts from the Italian elections this weekend and Viktor Orbán’s parallel appeal to the European Union to lift sanctions and thereby potentially reduce energy prices by half in one swell swoop.

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Zelensky Reveals How Much US Taxpayers Give Ukraine Monthly

Posted by M. C. on September 28, 2022

By Tyler Durden

Zero Hedge

He immediately pivoted to repeating Kyiv’s longtime complaint that it’s not enough – because it’s never enough – though by and large the common American taxpayer seems oblivious amid the onslaught of constant war headlines.

Ukraine’s President Vladimir Zelensky boasted in a CBS “Face the Nation” interview which aired Sunday that Washington is providing him with a whopping $1.5 billion per month for state coffers as the country piles up a large war-time deficit.

“The United States gives us $1.5 billion every month to support our budget to fight” against Russia the Ukrainian leader explained, but pointed out there remains “a deficit of $5 billion in our budget.” He immediately pivoted to repeating Kyiv’s longtime complaint that it’s not enough – because it’s never enough – though by and large the common American taxpayer seems oblivious amid the onslaught of constant war headlines.

Zelensky said, after revealing the astonishing $1.5 billion in aid on a monthly basis figure, “But believe me, it’s not even nearly enough to cover the civilian infrastructure, schools, hospitals, universities, homes of Ukrainians. Why do we need this? We need the security in order to attract our Ukrainians to come back home.”

“If it’s safe, they will come, settle, work here and will pay taxes and then we won’t have a deficit of $5 billion in our budget. So it will be a positive for everybody,” the Ukrainian leader continued. “Because as of today the United States gives us $1.5 billion every month to support our budget to fight- fight this war. However, if our people will come back- and they do want to come back very much, they have a lot of motivation- they will work here.”

“And then the United States will not have to continue, give us this support,” he concluded, though the way things are going it could be years before the US might “not have to continue” the nonstop aid. Zelensky appeared to be trying to present a strange “win-win” for American, though again if average US taxpayers grasped the full enormity of it, they certainly might question that narrative.

Ironically, or tiresomely, just a day after Zelensky complained “But believe me, it’s not even nearly enough”… Congress is poised to push through another $12 billion, according Reuters.

Fox’s Tucker Carlson says, This is insane!…

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WHAT IS THE U.S. HIDING ABOUT BIOLABS IN UKRAINE?

Posted by M. C. on September 28, 2022

The Russian Ministry of Defense just released a video about the US/Deep State biological network in Ukraine and @Clandestine on TRUTHSocial has kindly translated the slides for us on his Substack:

Slide 1: What is the US hiding about biolabs in Ukraine?

Slide 2: Russia presented proof of US military biological activities in Ukraine.

Slide 3: Americans have spent over $250 million since 2005, according to the Defense Department.

Slide 4: Including for the construction and modernization of biological laboratories.

Slide 5: They are coordinated by the US Threat Reduction Agency (DTRA).

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Contributed by Alexandra Bruce

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Watch “Revolution in Italy? Voters ‘Threw The Bums Out!'” on YouTube

Posted by M. C. on September 27, 2022

A political tidal wave broke over Italy over the weekend, as voters by a large majority elected a right-wing government. European Union officials warned Italians not to vote the “wrong” way…but they did anyway. What is the bigger picture? Also today, a vote in Ukraine’s eastern provinces promises escalation. And…guess who’s got covid…again?

Pfizer CEO, that’s who – Second time in just a few weeks.

https://youtu.be/76sWIj9t-yg

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Watch “Tucker Carlson: This is what the collapse of civilization looks like” on YouTube

Posted by M. C. on September 27, 2022

https://youtu.be/GH7cnmGHNxw

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“Joe Biden’s” Last Stand

Posted by M. C. on September 26, 2022

“Joe Biden” (looking like the ghost of Konstantin Chernenko) answered in a speech to the UN General Assembly the next day, a maundering recitation of sanctimonious bluster, larded with climate hysteria to alarm and bamboozle the UN’s scores of Third World delegates, with not a word about any possible peace talks — because peaceful resolution of the conflict is the last thing that our government wants. It wants war, meaning we citizens of this land will get it, good and hard, if the puppeteers working “Joe Biden’s” mouth get their way. Prepare to live in an ashtray.

Historians of the future, grilling spatchcocked plovers over their campfires, will need not ponder for even a New York minute who started World War Three in the rockin’ 2020s. They will point straight to the waxy, furtive, larval figure known as “Joe Biden,” by then judged a moral weevil of such epic low degree that he became an embarrassment to all the other sewer-dwelling denizens of the dank DC underworld, including the roaches, the rats, the humble shipworms eating through sunk oaken foundations of buildings long forgotten, the writhing maggots rinsed from a thousand restaurant dumpsters, the slithering hellgrammites, millipedes, silverfish, pillbugs, termites, dung-beetles, woodlice, and, not least, the scaly lawyers spawned out of the infestation beneath K Street called Perkins Coie LLP. Even these would loathe and disdain the thing that came into this world as “Joe Biden.”

Let us agree that the place called Ukraine was never any of America’s business. For centuries we ignored it, through all the colorful cavalry charges to-and-fro of Turks and Tatars, the reign of the dashing Zaporozhian Cossacks, the cruel abuses of Stalin, then Hitler, and the dull, gray Khrushchev-to-Yeltsin years. But then, having destroyed Iraq, Afghanistan, Libya, Somalia and sundry other places all on a great hegemonic lark, the professional warmongers of our land and their catamites in Washington made Ukraine their next special project.  They engineered the 2014 coup in Kiev that ousted the elected president, Mr. Yanyukovich, to set up a giant grifting parlor and international money-laundromat. The other strategic aim was to prepare Ukraine for NATO membership, which would have made it, in effect, a forward missile base right up against Russia’s border. Because, well, Russia, Russia, Russia!

An early beneficiary of these arrangements, you might recall, was one Hunter Biden, the drug-addicted, sex-obsessed, no-account son of Barack Obama’s no-account vice-president then known simply as Joe Biden sans quote-marks — because in 2014, he was a closer approximation of a real person than is sadly now the case. In fact, he was known as “The Big Guy” among Hunter’s business coterie (though listed as “Pedo Peter” on Hunter’s speed-dial). After the 2014 coup, and for years beyond, Hunter pulled a steady revenue stream out of Ukraine’s Burisma Holdings, a natgas distributor (among other things), serving as a know-nothing, no-show board member. When this monkey business came to the attention of President Trump, and he made a telephone inquiry about it, he was instantly beset by swarms of DC swamp vermin hoisting writs of impeachment.

Fast forward through the past eight years and you have Kiev’s persecution of the Russian-speaking Donbas provinces, the constant shelling and harassment by Banderite Nazis. Between that and the ever more strident urgings for Ukraine to join NATO, President Putin of Russia, Russia, Russia apparently had enough. In February of this year, he started the Special Military Operation to put an end to these hostilities. By April, when whole battalions of Ukrainian Nazis had been exterminated, a call to peace talks was issued by Mr. Lavrov, the Russian foreign minister. This was shot-down without ceremony by “Joe Biden” (that is, by the junta behind him). The genius strategists in Foggy Bottom aimed to “weaken” Russia. To what end? (you might ask). Okay: Reasons….

Hence, many hard-fought battles on-the-ground later, Ukraine has lost roughly 70,000 troops killed to Russia’s roughly 6,000 KIA. The USA pours $10-billion-a-month into this venture, including missiles aplenty and other ordnance, in a stupid effort to prolong the conflict and bankrupt our own land. Thus, Mr. Putin has decided to stop pussyfooting around Ukraine, and declared an upgrade in Russia’s effort to put a conclusive end to these shenanigans. He set this forth clearly in a sober speech Wednesday, which included a reminder to the geniuses in the White House basement game room that Russia is a nuclear power.

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The Fundamental Ideological Question at Stake in Ukraine

Posted by M. C. on September 26, 2022

It is fascinating, to say the least, to see a Lindsey Graham and Mitch McConnell joined at the hip—no daylight between them—to a Chuck Schumer and Nancy Pelosi, as one, zealously advocating a rapid escalation in American involvement in Ukraine, no matter whether such offensive actions (e.g., no fly zones, US troops on the ground) might bring on nuclear Armageddon.

https://boydcatheyreviewofbooks.blogspot.com/

Friends,

Since the Russian incursion into Ukraine on February 24, the American and Western European media have been almost unanimous in pushing the template which they wish us to believe and the agenda which they wish us to follow. In the US Congress, as in most deliberative bodies in Western Europe and in such international entities as the United Nations (UN) and the World Economic Forum (WEF), the refrain has been almost identically the same: that President Volodymyr Zelensky’s heroic and noble “liberal democratic” Ukrainian government stands for and defends “our liberal democratic values,” and that it has been brutally attacked in an unprovoked assault by the evil Russians under their evil president—the new “reincarnation of Hitler”—Vladimir Putin, who, of course, wishes to re-establish the old Soviet Empire which expired thirty-one years ago.

It’s as if nothing has changed since 1991—thirty-one years ago—when Russian Communism perished in an ignominious death, scorned and despised by the Russian people. It’s as if no history has elapsed since then, and that somehow the spectre of Soviet Communism, or some newfangled form thereof, still critically threatens “the West.” And thus, we must engage in a new and very dangerous “cold war,” which now in Ukraine turns increasingly “hot.”

Among establishment “conservatives”—in particular, those we denominate Neo-conservatives—this refrain finds strong resonance, as well as among Republican members of the US Congress. It is fascinating, to say the least, to see a Lindsey Graham and Mitch McConnell joined at the hip—no daylight between them—to a Chuck Schumer and Nancy Pelosi, as one, zealously advocating a rapid escalation in American involvement in Ukraine, no matter whether such offensive actions (e.g., no fly zones, US troops on the ground) might bring on nuclear Armageddon. Graham and other political leaders seem to welcome such tactical nuclear exchanges with “acceptable levels of civilian and combat casualties,” oblivious to what actually would happen.

Most recently this position, intellectually, was presented by a denizen of Claremont McKenna College (a western outpost of Neoconservatism), who proceeded to repeat once more all the standard interventionist arguments about a “democratic Ukraine,” “Russian world aggression (neo-Communism?),” and the “American mission” as global guardian (and enforcer) of “liberal democracy.”

While there has been some dissent from this perspective in the West (e.g., Tucker Carlson. Colonel Douglas MacGregor, Professor John Mearsheimer, Jacques Baud, Scott Ritter), the fact remains that almost the entirety of major news reporting on the Ukrainian conflict comes from reporters who hang on—and then repeat as undoubted and non-debatable—every word telegraphed by the Ukrainian government and military information services. While dozens of Western reporters are embedded with the Ukrainian military, no representatives of major media facilitate similar reporting from the Russian perspective. Indeed, both the US and Western European countries have attempted to stifle or interdict opposing perspectives. Only through either non-Western media or smaller independent services can any balance usually be obtained.

Thus, in the United States and Western Europe we are bombarded ceaselessly by lurid tales of “Russian war crimes” and now of “Russian terrorism,” such that Republican Senator Graham is pushing for Russia to be labeled a “terror state,” assuredly with “consequences” to follow. Yet, a closer and deeper investigation into those charges and accusations should cause concerned Americans to question not only the accounts but the bona fides of those reporting such purported events.

I have written about the so-called “Russian war crimes” in Mariupol, Bucha, and Kramatorsk earlier this year, and I urge readers to go back and read those articles and check, again, the sources. Most recently (August 3), Amnesty International, in a revealing and perhaps surprising moment of truthful reporting, designated Ukraine and the Ukrainian military as responsible for war crimes and terror, using civilians as human shields, including forcing civilians to become specific targets of the Russian military, something which they did at the steel plant in Mariupol, although most Western media sources ignore the truth and still blame the Russians. With a pliant and enthusiastic Western press corps, the continual flow of Ukrainian propaganda inundates American households at all hours of the day…and that includes the news branch of Fox News, which may well be the worst offender.

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DIANA JOHNSTONE: The Specter of Germany Is Rising

Posted by M. C. on September 26, 2022

To meet this imaginary threat, Germany will lead an expanded, militarized EU. First, Scholz told his European audience in the Czech capital, “I am committed to the enlargement of the European Union to include the states of the Western Balkans, Ukraine, Moldova and, in the long term, Georgia”. Worrying about Russia moving the dividing line West is a bit odd while planning to incorporate three former Soviet States, one of which (Georgia) is geographically and culturally very remote from Europe but on Russia’s doorstep.

Consortium News

By Diana Johnstone
in Paris 
Special to Consortium News

The European Union is girding for a long war against Russia that appears clearly contrary to European economic interests and social stability. A war that is apparently irrational – as many are – has deep emotional roots and claims ideological justification. Such wars are hard to end because they extend outside the range of rationality.

For decades after the Soviet Union entered Berlin and decisively defeated the Third Reich, Soviet leaders worried about the threat of “German revanchism.” Since World War II could be seen as German revenge for being deprived of victory in World War I, couldn’t aggressive German Drang nach Osten berevived, especially if it enjoyed Anglo-American support? There had always been a minority in U.S. and U.K. power circles that would have liked to complete Hitler’s war against the Soviet Union.

It was not the desire to spread communism, but the need for a buffer zone to stand in the way of such dangers that was the primary motivation for the ongoing Soviet political and military clampdown on the tier of countries from Poland to Bulgaria that the Red Army had wrested from Nazi occupation.

This concern waned considerably in the early 1980s as a young German generation took to the streets in peace demonstrations against the stationing of nuclear “Euromissiles” which could increase the risk of nuclear war on German soil. The movement created the image of a new peaceful Germany. I believe that Mikhail Gorbachev took this transformation seriously.

On June 15, 1989, Gorbachev came to Bonn, which was then the modest capital of a deceptively modest West Germany. Apparently delighted with the warm and friendly welcome, Gorbachev stopped to shake hands with people along the way in that peaceful university town that had been the scene of large peace demonstrations.

I was there and experienced his unusually warm, firm handshake and eager smile. I have no doubt that Gorbachev sincerely believed in a “common European home” where East and West Europe could live happily side by side united by some sort of democratic socialism.

Gorbachev on June 13, 1989 in the market-square in Bonn. (Jüppsche/Wikimedia Commons)

Gorbachev died at age 91 two weeks ago, on Aug. 30. His dream of Russia and Germany living happily in their “common European home” had soon been fatally undermined by the Clinton administration’s go-ahead to eastward expansion of NATO. But the day before Gorbachev’s death, leading German politicians in Prague wiped out any hope of such a happy end by proclaiming their leadership of a Europe dedicated to combating the Russian enemy.

These were politicians from the very parties – the SPD (Social Democratic Party) and the Greens – that took the lead in the 1980s peace movement.

German Europe Must Expand Eastward

German Chancellor Olaf Scholz is a colorless SPD politician, but his Aug. 29 speech in Prague was inflammatory in its implications. Scholz called for an expanded, militarized European Union under German leadership. He claimed that the Russian operation in Ukraine raised the question of “where the dividing line will be in the future between this free Europe and a neo-imperial autocracy.” We cannot simply watch, he said, “as free countries are wiped off the map and disappear behind walls or iron curtains.”

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Blain: The UK’s Monumental Policy Mistake – How Bad Will It Get?

Posted by M. C. on September 26, 2022

Tyler Durden's Photo

BY TYLER DURDEN

MONDAY, SEP 26, 2022 – 08:25 AM

Authored by Bill Blain via MorningPorridge.com,

Kwarteng’s response to the mayhem? “I don’t comment on market movements.”

Fair enough. When you know nothing and people suspect you are an idiot it’s best to stay quiet so as not to confirm it.

But is he aware of the consequences of what he’s done? 

https://www.zerohedge.com/markets/blain-uks-monumental-policy-mistake-how-bad-will-it-get

“This is the man who bet it all on Red and it came up Black…”

What a mess. Kwasi Kwarteng’s Special Fiscal Operation failed to stabilise UK markets and has zero prospect of driving growth. The new government stumbled at the first jump. How bad will it get? What are the implications? Who is next for the Chancellor’s job?

There are policy mistakes, and there are Policy Mistakes, but few compare to the market Judder on Friday morning…. In terms of screaming, all-in POLICY MISTAKES new UK Chancellor Kwasi Kwarteng’s not-a-budget, his “Special Fiscal Operation”, went down about as well as a battalion of Russian chocolate tea-pots on the road to Kyiv. It was moment confidence in the UK’s Virtuous Sovereign Trinity snapped. Sterling Crashed. Gilt yields capped wider.

It ain’t over yet, this morning Sterling traded below 1.03 for the first time ever during an Asian flash crash. I will post regular updates on the comments page and Twitter as this crisis unfolds. The working assumption is even if Gilts and Sterling stabilise – the damage is already done. Expect… volatile politics and markets.

This is going to be a critical week for sterling. There are calls for the Bank of England to jump in with a 100 bp rate hike and currency intervention to stem the crippling currency losses. There are even rumours of yet another internal Tory coup being scoped in Westminster. Ministers trying to talk up export prospects on the back of the currency collapse knew they were defending the indefensible – the UK is a re-exporter and is importing further inflation at speed.

I warned three weeks ago that new UK Premier Liz Truss and Kwarteng had “5 days to Avert a Confidence Crisis in the UK”. She got a time extension because of the Royal Funeral. Turns out I was right to worry about markets. On Friday morning it happened – a 0.7% jump in Gilt Yields and the 3% tumble in Sterling. The response to the not-a-budget confirmed just how badly market confidence in the UK’s political competence, sterling stability and gilt market sustainability has been shaken.

Kwarteng’s response to the mayhem? “I don’t comment on market movements.”

Fair enough. When you know nothing and people suspect you are an idiot it’s best to stay quiet so as not to confirm it.

But is he aware of the consequences of what he’s done? The UK’s reputation for fiscal prudence has been sacrificed on the altar of political expediency. This is going to hurt. The weekend analysis was harshly critical – it was right to be so. Dr Doom, Nouriel Roubini, tweeted “Truss and her cabinet at clueless.” Former US Treasury Secretary Larry Summers said the UK will be remembered for the “worst macro-economic policies of any major country in a long-time..” He called the policies naïve, and the UK was an emerging market turning into a submerging market. I could fill the rest of this morning’s Porridge with similar negative punditry and doomster soundbites from analysts presenting variations on the same thing.

If there is a single positive economic comment written by someone not called Patrick Minford or Gerald Lyons – please post it in the comments section, because I can’t find it.

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Does Central Economic Planning Work? From Gosplan to Market-regulation — Which Would You Choose?

Posted by M. C. on September 26, 2022

By L. Reichard White

In the years after the 1917 revolution, the Soviets lacked capital to build all the steel mills, dams and auto plants they needed. Soviet leaders seized on the theory of “socialist primitive accumulation” formulated by the economist E. A. Preobrazhensky. This theory held that the necessary capital could be squeezed out of the peasants by forcing their standard of living down to an emaciating minimum and skimming off their surpluses. 

Like Klaus Schwab says – you will own nothing and be happy

Maybe you could start your next email with a list (or even just one) counterexample [to modern China] of a functioning “unregulated” [economic] paradise? –Bill, Re: [Politics] self-regulating systems

OK, What You Asked For Bill – – –

I thought since you were in Hong Kong when I started writing this, it might be a good example (but it’s Jake who believes in Paradise; I only claim “markets aren’t perfect, just better“) – – –

…”miracles” first gained currency three years ago in a remarkable book published by the World Bank. Called The East Asian Miracle, its topic was the relationship between government, the private sector, and the market. And no doubt about it, the growth had been phenomenal: since 1960 the eight countries in question — Japan, Singapore, Hong Kong, Malaysia, South Korea, Indonesia, Thailand, and Taiwan — had collectively experienced more than twice as much growth as the rest of East Asia, roughly three times as much as Latin America and South Asia, and five times as much as Sub-Saharan Africa…. In my experience everyone wanted to hear about Korea, even though its income per capita was the lowest of the four tigers’ (Hong Kong, Singapore, Taiwan, South Korea); at $8,260, it still remains less than half that of Hong Kong…. the bias is entirely understandable. In Hong Kong, bureaucrats and planners had almost no role. — …and Wrong, William McGurn, National Review

73% of Hong Kong businesses employ nine or less; only 1% employ 200 or more. Hong Kong has had more than a 7% annual growth rate since 1948 [46 years]. –Briefing on Mind Extension Univesity, 3 Mar 1994

Hong Kong rated most free by Heritage Foundation study. Hong Kong has had the longest, steadiest growth of any country over the last 50 years. –Investor’s Business Daily, ~11 January, 1995

The Economic Gradient

First let’s take a look at that favorite of all Tigers, South Korea and how it got that way (which, remember, achieved only about half the per capita income of Hong Kong) – – –

…the Korean model operates on a completely different set of principles. …Like most technocrats, Park associated wealth with heavy industry…There would be none of this trusting the marketplace to sort out winners and losers. The government knew what industries were needed, and those that were favored received credit while those that were deemed frivolous withered on the vine.
+
Like the Japanese model, the Korean model rested on three pillars. First, a bias toward the bigness that bureaucrats thought would guarantee economies of scale. Second, the idea that banks would not evaluate risk and credit as their counterparts did in the West but would rather serve as policy arms of the government. Third, that growth would be paid for by the public, by suppressing consumption. “Guided capitalism,” they called it, and though …it came with huge opportunity costs, it did work in the sense that the countries based on this model did develop. — …and Wrong, William McGurn, National Review

So, S. Korea did well — but only about half as well as Hong Kong.

And doesn’t that notion that “growth would be paid for by the public, by suppressing consumption” ring a bell somewhere – – –

In the years after the 1917 revolution, the Soviets lacked capital to build all the steel mills, dams and auto plants they needed. Soviet leaders seized on the theory of “socialist primitive accumulation” formulated by the economist E. A. Preobrazhensky. This theory held that the necessary capital could be squeezed out of the peasants by forcing their standard of living down to an emaciating minimum and skimming off their surpluses. These would then be used to capitalize heavy industry and subsidize the workers. –Alvin and Heidi Toffler, Creating A New Civilization, pp. 69 & 70

The results of centrally planned “socialist primitive accumulation” would probably even shock Jake. Remember, in the old U.S.S.R., somewhere between 16 and 20 million men, women and children were “emaciated” to death by “skimming off their surpluses.” And somewhere north of 38 million were similarly emaciated to death in central planner Mao’s “Great Leap Forward.” And once again, Keynes has something relevant to say – – –

The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. –John Maynard Keynes

In these cases, it was defunct economist E. A. Preobrazhensky and his theory of “socialist primative accumulation.”

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