MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘Socialism’

Republicans Love Socialism Too – The Future of Freedom Foundation

Posted by M. C. on June 27, 2019

https://www.fff.org/2019/06/25/republicans-love-socialism-too/

by

Today’s New York Times is carrying a video op-ed entitled “I’m Republican. I Never Thought I’d Fight for Medicaid.” The op-ed calls for an expansion of Medicaid in North Carolina and other states to cover people who are uninsured and do not qualify for Medicaid because they make too much money.

First things first. While Republicans have traditionally despised welfare programs for the poor, such as food stamps, they are among the fiercest proponents of socialist programs for the middle class and wealthy.

Examples of the Republican embrace of socialism abound: Social Security, Medicare, public (i.e., government) schooling, school vouchers, education grants, state support for colleges and universities, foreign aid to dictators, farm subsidies, corporate grants, and many others.

Every one of those programs is based on using the coercive apparatus of the state to tax one group of people in order to give it to another group of people. In his great little book The Law, the French free-market legislator Frederic Bastiat called that type of system “legal plunder.”

Thus, while it might be shocking for a Republican to find himself supporting a welfare program for poor people, he is being disingenuous if he suggests that he opposes socialism in general. While he might disagree with Democrat Bernie Sanders in degree, he shares a deep commitment to socialism in principle with that self-labeled socialist.

Americans once had the finest healthcare system in the world — a free-market healthcare system. It was so reasonably priced that hardly anyone had medical insurance, with the possible exception of catastrophic insurance. It was a system in which people in all income categories were being treated. Doctors, who at that time loved their profession, would voluntarily provide free healthcare services to poor people simple out of sense of moral obligation.

The enactment of Medicare and Medicaid succeeded in destroying that healthcare system. That’s when healthcare costs began soaring, launching an ever-increasing set of healthcare crises, followed by healthcare reform after healthcare reform. Meanwhile, doctors began hating what they do in life and began checking out with early retirement.

Of course, no reform has ever worked to resolve the healthcare crises. There is a simple reason for that: Socialism cannot be made to work, even when it’s not referred to as socialism and even when it’s run by American bureaucrats…

There is only one way to get America back on the track toward the finest healthcare system in history: the repeal (not the reform) of Medicare and Medicaid and the total separation of healthcare and the state. There is no other way. Socialism cannot be made to work, not with Medicaid expansion, not with Medicare for all, and not with a full socialist government takeover of healthcare.

Finally, and most important, there is no way to reconcile a system of mandatory charity, which is what Medicare and Medicaid are based on, with the principles of a genuinely free society. Thus, Americans have to make a choice: Do you want freedom or do you want the “security” that supposedly comes with Medicare, Medicaid, and other socialist programs? You can’t have both because freedom and mandatory charity are opposites. The choice must be made: Freedom or “security”?

I say: Let’s go with freedom. Let’s repeal, not reform, Medicare and Medicaid. Let’s cast America’s horrific experiment with healthcare socialism into the dustbin of history and restore a free-market healthcare system to our land.

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The Death of Socialism – LewRockwell

Posted by M. C. on May 3, 2019

https://www.lewrockwell.com/2019/05/martin-armstrong/the-death-of-socialism/

By

Armstrong Economics

Socialism is dying because governments have made promises they cannot keep. Now when people expect that they will be there, they suddenly find the promises have been constantly revised. They always point to the rich and how they will make them pay. Everything who thinks they cannot possibly be the rich cheer, but at the end of the day, their taxes never decline and the promised-land seems further and further away…

Socialism is dying and in the process this will only inspire violence. People believed in this system. They really believed those in power had their best interests at heart. Unfortunately, we are moving into this darkness where more and more people are beginning to realize that government is the number one problem – not Global Warming.

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Millennials for Socialism – LewRockwell

Posted by M. C. on April 10, 2019

https://www.lewrockwell.com/2019/04/walter-e-williams/millennials-for-socialism/

By

If one needed evidence of the gross ignorance of millennials, and their teachers and college professors, it’s their solid support for socialism and socialist presidential candidate Sen. Bernie Sanders. Socialism has produced tragedy wherever it has been implemented. Last year marked the 40th anniversary of nearly 1,000 Americans perishing in a mass suicide/murder in the jungles of Guyana. Just as Sanders and Rep. Alexandria Ocasio-Cortez see socialism as mankind’s salvation, so, too, did Rev. Jim Jones, who told his followers, “God is Socialism, and I am Principle Socialism, and that’s what makes me God.”

Perhaps the most disastrous failing of our educational system and the news media is that people are neither required nor encouraged to test ideas against facts. The promises of socialism sound wonderful and caring, but in reality, wherever it has been tried it has been a true disaster. Let’s examine the history of socialism.

During the first three decades of the 20th century, Argentina was one of the world’s top-10 richest nations. It was ahead of Canada and Australia in total and per capita income. After Juan Peron’s ideas, captured in his economic creed that he called “national socialism,” became a part of Argentina’s life, the country fell into economic chaos. Today, it has fallen to 25th in terms of GDP.

Nicolas Maduro, an avowed socialist, has turned oil-rich Venezuela into a place where there are shortages of everything from toilet paper to beer, where electricity keeps shutting down, and where there are long lines of people hoping to get food. Some people are eating their pets and feeding their children from garbage bins. Socialism has crippled Venezuela’s once-thriving economy. Today, Venezuela is among the world’s most tragically poor countries.

Socialism can be tested by doing a few side-by-side country comparisons…

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Sean Penn

The Dumb and Dumber of economics

 

 

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Socialism for Dummies – LewRockwell

Posted by M. C. on March 15, 2019

https://www.lewrockwell.com/2019/03/no_author/socialism-for-dummies-and-nature-for-the-savy/

By Jane ten Brink

I wrote the following to a friend who is now retired, but who worked for most of his life for the Austrian National Railroad (the ÖBB), an entity that has been strongly governed by socialist thinking. It therefore came as no surprise to me early on that my friend was completely governed by a socialist mindset (when I first got to know him about three years ago, he was reading some biography of Karl Marx!)

While this friend has never lived in luxury, his standard of living throughout his life and unto this day would most certainly be considered “luxury” by a good portion of the world population.

And, yet, my friend complains that he does not have enough (he thinks he should have more), and blames for this the evil, capitalist system.

My friend’s reason for blaming the evil, capitalist system for his allegedly „struggling-to-survive“ existence is that according to him, a bunch of greedy, rich guys have exploited „us“ by not turning over to „us“ more of their wealth (he believes that wealth should be more evenly distributed).

But my reason for why my friend is blaming capitalism is „envy“. Read the rest of this entry »

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EconomicPolicyJournal.com: A Sophisticated Defense of Free Market Capitalism (From a Former Governor)

Posted by M. C. on March 13, 2019

The blind pig (WSJ) finds an acorn.

https://www.economicpolicyjournal.com/2019/03/a-sophisticated-defense-of-free-market.html

Wow, who has the ear of former Louisiana governor Bobby Jindal?

In a Wall Street Journal op-ed piece, he has written a pretty sophisticated defense of free market capitalism.

A key snippet:

Liberal politicians, abetted by the mainstream media, regularly document the alleged shortcomings of free-market capitalism. Politicians like Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez point to rising inequality and a supposed lack of upward mobility to make the case for socialism. Today, American Democrats have a more positive view of socialism than capitalism, and less than half of young adults have a positive view of capitalism. But the debate isn’t merely between left-wing socialists and right-wing capitalists. Even President Trump argues that capitalism generates prosperity abroad at the expense of American workers. Years of wage stagnation and diminished economic prospects have soured many Americans on the system that made the U.S. the world’s largest economy…

The problem isn’t market dynamics, but the increased government intervention in the economy that discourages competition. Rather than relying on innovation, many companies often now seek to exploit licensing arbitrage opportunities and engage in other rent-seeking behaviors. They try to beat competitors through regulatory capture and crony capitalism rather than making better products for less.

Almost every large company has calculated the benefits of lobbying government. It is no coincidence that the seemingly recession-proof Washington area dominates the list of the nation’s wealthiest counties. For consumers, this means fewer meaningful choices. For new producers, the goal is often not to displace an incumbent firm but to be purchased by one. Even many tech entrepreneurs hope to sell to Google or Facebook rather than become the next big thing…

Some argue that targeted government economic intervention is necessary to fix capitalism’s errors and prevent more-radical political elements from gaining power. Some historians credit President Franklin D. Roosevelt with saving free markets from rising support for socialism fed by the Great Depression. They argue the New Deal, by dramatically expanding the role of government, vaccinated capitalism against a more virulent form of socialism propounded by Huey Long and others. More-moderate modern leaders than Mr. Sanders and Ms. Ocasio-Cortez see today’s economic challenges as profound and argue they warrant similar inoculating shots of regulation.

These recommendations come from all across the political spectrum. Sen. Marco Rubio proposes paid parental leave, while Manhattan Institute scholar Oren Cass argues that some short-term growth should be sacrificed to strengthen families and prepare communities for long-term growth. President George W. Bush labeled his version of this approach “compassionate conservatism.”

Democrats, meanwhile, argue for a higher minimum wage, a more progressive income-tax code, stronger unions, and ObamaCare’s Medicaid expansion and exchange subsidies as the best alternative to a single-payer system. Others have pushed for breaking up larger companies—especially tech giants—expanding the earned-income tax credit, raising tariffs, and adopting a universal basic income as possible responses to the displacement caused by globalization and automation.

Small-government conservatives and their libertarian brethren still reject these notions. The biggest threat to American capitalism, they say, comes from liberalism and its incremental—but constant and accumulating—push for a larger, costlier and more powerful government. They see reform proposals from moderate Republicans as attempts to be partway pregnant. They wonder why the GOP would want to become a weaker, cheaper version of the Democratic Party. Free-market Republicans argue that conservatives should be consistently pulling in the direction of lower taxes, less regulation and smaller government.

RW

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The Epidemic of Ignorance – LewRockwell

Posted by M. C. on March 10, 2019

Famed economist Murray Rothbard touched on the answer: “It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.” — Murray Rothbard

https://www.lewrockwell.com/2019/03/brian-wilson/socialism-and-the-epidemic-of-ignorance/

By 

The Big Debate among all the Brainiacs these days (Real, Faux, Wishful, Self-Anointed): Will Socialism and its Simplistic Sycophants be successful here in the bastion of (crony) Capitalism,  America? From FOX to C-SPAN, WaPo to NYT, Conservative pundits pound the podium prognosticating “NEVER”! They slice and dice the Russians (of course), the “Chi-Coms” (Limbaugh varietals), Little Rocket Man, Maduro, Bernie and AOC with an admonition from noted political critics Rocky and Bullwinkle: “That trick never works!”.

This is one of those rare occasions when Pundits R Us got it absolutely correct: the “Socialism Never Works” part. Never has; never will. At least, not in the sense of the True Believers and Newly Converted who stay up nights watching Rachel Maddow making Kool-Aide in giddy anticipation of its paradisiac arrival (see also Linus/Great Pumpkin, Santa Claus/Sack of Goodies). Put bluntly: there is no Freedom Fairy.

But for those jive-talkin’, silver-tongued, lyin’, connivin’, manipulative scum out selling this poison door-to-door to children and those with child-like minds, their concept of Socialism appears to be coming along just fine! While mostly in its gestation period, the Podium Pounders are making great headway! With the litany of Spectacular Failures throughout history, how and why can this be happening? Read the rest of this entry »

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Thomas Sowell warns U.S. may not resist siren song of socialism: ‘I wouldn’t bet on it’

Posted by M. C. on March 6, 2019

“So many people today, including in the leading universities, don’t pay much attention to evidence,” he said. “When you see people starving in Venezuela and fleeing into neighboring countries and realize that this is a country that once had the world’s largest oil reserves, you realize that they’ve ruined a very good prospect with ideas that sounded good but didn’t turn out well.

https://www.washingtontimes.com/news/2019/mar/5/thomas-sowell-warns-us-may-not-resist-siren-song-o/

Mr. Sowell, a Marxist in his youth, made the remarks Tuesday while appearing with Fox Business Network’s David Asman.

“I do have a great fear that, in the long run, we may not make it,” Mr. Sowell said. “I hate to say that. The one thing that keeps me from being despairing is that we don’t know. There are so many things that we can’t possibly know. And so, we may make it, but I wouldn’t bet on it.”

The author said that time and time again, people adopt willful ignorance regarding socialism’s track record around the world…

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Is that Sean Penn?

 

 

 

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Swedish Ex-Prime Minister Rebukes Bernie: Socialism Only Destroys | Mises Institute

Posted by M. C. on March 5, 2019

“Sanders was lucky to be able to get to the Soviet Union in 1988 and praise all its stunning socialist achievements before the entire system and empire collapsed under the weight of its own spectacular failures.”

https://mises.org/power-market/swedish-ex-prime-minister-rebukes-bernie-socialism-only-destroys

Alice Salles

Socialism never stopped enticing young American minds. But the more Democratic Socialists such as Alexandria Ocasio-Cortez open their mouths, we learn the movement’s most vocal proponents simply ignore socialism’s incompatibility with democracy, as demonstrated by Austrian economist Ludwig von Mises in A Critique of Interventionism . Sen. Bernie Sanders is one of them.

With the Vermont senator announcing he’s running for president, his past comments defending socialism and socialist countries notorious for their failures become the type of material critics are eager to dissect. Especially because he still calls himself a Democratic Socialist while using Nordic countries as examples of what he defends.

Thankfully, political figures from the very countries the good senator from Vermont calls “socialist” are here to remind him that the ideology is nothing but a trap.

Prime Minister of Sweden from 1991 to 1994, Carl Bildt, took to Twitter to warn Sanders that socialism is not the key to creating a great society as he and Ocasio-Cortez seem to think.

After old footage showing Sanders and his wife, Jane, praising the Soviet Union for its programs targeting the youth went viral online, Bildt responded by saying “Sanders was lucky to be able to get to the Soviet Union in 1988 and praise all its stunning socialist achievements before the entire system and empire collapsed under the weight of its own spectacular failures.” Read the rest of this entry »

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The Magic Socialist, by C.J. Hopkins – The Unz Review

Posted by M. C. on March 1, 2019

http://www.unz.com/chopkins/the-magic-socialist/

So here it is, the announcement we’ve been waiting for … all aboard for another cruise on the new and improved U.S.S. Magic Socialist with your captain Bernie Sanders at the helm! If you’re not familiar with this extraordinary vessel, it’s like the luxury liner in The Magic Christian, except catering to credulous American socialists instead of the British filthy rich. Tickets start at just $27 dollars … so hurry, because they’re going fast!

That’s right, folks, Bernie is back, and this time it’s not just a sadistic prank where he gets you all fired up about his fake “revolution” for fifteen months, gets cheated out of the nomination, then backs whichever corporate-bought candidate the Democratic Party orders you to vote for.

No, this time the Bernster really means it! This time, when the DNC rigs the primaries to hand the nomination to Harris, or Biden, or some billionaire android like Michael Bloomberg, Bernie is not going to break your heart by refusing to run as an independent candidate, unbeholden to the corporations and oligarchs that own both political parties, or otherwise make you feel like a sucker for buying his “revolution” schtick. He’s not going to fold like a fifty dollar suit and start parroting whatever propaganda the corporate media will be prodigiously spewing to convince you the Russians and Nazis are coming unless you vote for the empire’s pre-anointed puppet!

Bernie would never dream of doing that … or at least he’d never dream of doing that twice.

There are limits, after all, to people’s gullibility… Read the rest of this entry »

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Soros Confirms He is Losing in Europe – Gold Goats ‘n Guns

Posted by M. C. on February 17, 2019

If there was ever a moment that signaled the end of the European Union, it was George Soros admitting, in public, that we should look on all his works and despair.

An end to both, one can only hope.

https://tomluongo.me/2019/02/12/soros-confirms-he-is-losing-in-europe/

TOM LUONGO

Last month at Davos, George Soros turned around completely on China, echoing the Trump administration (of all things) in warning the world against the rise of China versus his previous stance.

The main reason for this shift in Soros’ attitude on China stems from his fear that the European Union will not achieve its goals of becoming the next great world power and subjugate the Chinese, but rather dissolve like the Soviet Union on which it is based.

He finally aired those fears in another of his infamous op-eds over at Project Syndicate (link through RT here). In sum, they are simply that Europeans must chuck off that which makes them individuals for the sake of Mother Europe.

The European Union is the highest ideal and, as such, should be that for all decent Europeans. This is the highest form of collectivist thinking.

And it’s time to circle the wagons against the ravening hordes of people who don’t like getting slowly bled to death, their culture eradicated, their neighborhoods destroyed and their dignity as people shot in the face with tear gas.

I’ve read megalomaniacal treatises in my life, but this one was impressive to say the least. Read the rest of this entry »

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