MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘Socialism’

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

Be seeing you

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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…

Be seeing you

vene social

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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George Will: Socialism has become a classification that no longer classifies

Posted by M. C. on February 17, 2019

This is socialism now: From each faction according to its vulnerability, to each faction according to its ability to confiscate.

“If the central problem is rent-seeking, abuse of the power of the state, to deliver economic goods to the wealthy and politically powerful, how in the world is more government the answer?”

https://newsok.com/article/5623093/george-will-socialism-has-become-a-classification-that-no-longer-classifies

By George F. Will

“From each according to his ability, to each according to his needs!”

— Karl Marx

WASHINGTON — Norman Thomas was not easily discouraged. Running for president in 1932, three years into the shattering, terrifying Depression, which seemed to many to be a systemic crisis of capitalism, Thomas, who had been the Socialist Party’s candidate in 1928 and would be in 1936, 1940, 1944 and 1948, received, as this column previously noted, fewer votes (884,885) than Eugene Debs had won (913,693) as the party’s candidate in 1920, when, thanks to the wartime hysteria President Woodrow Wilson had fomented, Debs was in jail.

In 1962, Michael Harrington, a founder of the Democratic Socialists of America (it succumbed to a familiar phenomenon: Two American socialists = three factions), published “The Other America.” It supposedly kindled President John Kennedy’s interest in poverty, which had not escaped his attention while campaigning in West Virginia’s primary. Harrington, like “democratic socialist” Sen. Bernie Sanders today, thought socialism should be advanced through the Democratic Party.

Today, socialism has new, angrier advocates. Speaking well of it gives the speaker the frisson of being naughty and the fun of provoking Republicans like those whose hosannas rattled the rafters when the president vowed that America would never become socialist. Socialism is, however, more frequently praised than defined because it has become a classification that no longer classifies. So, a president who promiscuously wields government power to influence the allocation of capital (e.g., bossing around Carrier even before he was inaugurated; using protectionism to pick industrial winners and losers) can preen as capitalism’s defender against socialists who, like the Bolsheviks, would storm America’s Winter Palace if America had one…

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Democratic Socialism and Regular Socialism Have the Same Goal | Mises Wire

Posted by M. C. on January 31, 2019

“the Communists everywhere support every revolutionary movement against the existing social and political order of things… They openly declare that their ends can be attained only by the forcible overthrow of all existing social conditions.”

https://mises.org/wire/democratic-socialism-and-regular-socialism-have-same-goal

The longing for the socialist dream comes in part from the great success of capitalism as an engine of prosperity. From the nineteenth century onwards, the entrepreneurial economy created prosperity on a scale that had never been seen before in history.The socialists, however, believed economic success would become even greater in a society of egalitarian redistribution. The socialists expect that under their rule, the economy would become more productive and society more just.

This illusion of obtaining prosperity and justice under socialism was already evident in the Communist Manifesto of 1848. In their pamphlet, Karl Marx and his sponsor Friedrich Engels enthusiastically praised capitalist achievements:

“The bourgeoisie,” they declared, “has been the first to show what man’s activity can bring about. It has accomplished wonders far surpassing Egyptian pyramids, Roman aqueducts, and Gothic cathedrals; it has conducted expeditions that put in the shade all former Exoduses of nations and crusades.”

During its rule, the bourgeoisie

has created more massive and more colossal productive forces than have all preceding generations together. Subjection of Nature’s forces to man, machinery, application of chemistry to industry and agriculture, steam-navigation, railways, electric telegraphs, clearing of whole continents for cultivation, canalization of rivers, whole populations conjured out of the ground – what earlier century had even a presentiment that such productive forces slumbered in the lap of social labor?

Yet, according to Marx and Engels, the capitalist system is doomed, and private property stands in the way to a perfect society: “the theory of the communists may be summed up in the single sentence: abolition of private property.” Doing away with private property implies the “abolition of bourgeois individuality, bourgeois independence, and bourgeois freedom…”

For Marx and Engels, the bourgeois family remained a fundamental part of liberal and capitalist. Thus, under communism, the “bourgeois family will vanish along with country, nationality, and religion.”

The Socialist Plan

Read the rest of this entry »

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What Is Progressivism? – LewRockwell

Posted by M. C. on November 30, 2018

He has every intention of intervening in the market and private voluntary behavior (Ostrowski’s words), or of having government take a controlling role in the production and distribution of goods (Rozeff’s words), or of launching aggression against private property (Hoppe’s words).

https://www.lewrockwell.com/2018/11/michael-s-rozeff/what-is-progressivism/

By 

Progressivism is the same as socialism. Libertarian James Ostrowski, who has written a book on progressivism, writes “…that progressivism, properly understood as the belief that aggressive state violence in the form of various interventions into the market and private voluntary behavior will improve human life, is America’s ruling ideology…” For purposes of educating the public and understanding the gist of the libertarian and anti-libertarian positions, there’s no significant difference between his explanation of progressivism and my explanation of socialism. Furthermore, both are compatible with Hans-Hermann Hoppe’s definition of socialism: “…socialism…must be conceptualized as an institutionalized interference with or aggression against private property and private property claims.” (On p. 10 of Hoppe’s “A Theory of Socialism and Capitalism“.) Read the rest of this entry »

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