MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘Socialist’

Donald Boudreaux: Conversation with a young socialist | TribLIVE.com

Posted by M. C. on April 5, 2019

https://triblive.com/opinion/donald-boudreaux-conversation-with-a-young-socialist/

Recently near my office at George Mason University I ran into a student of mine who was showing his friend around campus. The friend is thinking of transferring from Radford University to George Mason.

The friend — call him “Jack” — wore a T-shirt emblazoned with the famous image of Che Guevara.

Inferring from my economics lectures that I’m no great admirer of Guevara, my student joked awkwardly that Jack’s other favorite T-shirt features an image of Milton Friedman.

Jack didn’t laugh. Instead he asked me why I object to Guevara.

I was in no mood for confrontation, so I chose not to inform Jack of Guevara’s bloodlust. I instead replied simply that “Guevara was a socialist and I disapprove of socialism.”

“Why?” Jack asked.

“Because,” I answered, “socialism has never delivered on its promise to enrich the masses — quite the opposite — and it always turns into tyranny. Just look at the Soviet Union, Cuba and Venezuela. Even what we might call ‘socialist-lite’ countries do rather poorly.”

Jack’s look turned defensive. But before he could respond, I asked what he meant by socialism.

Jack admitted that he wasn’t sure of the details. He just wants to live in a society that’s “more just.”

I asked Jack for a specific example of an injustice in America today that would disappear under socialism.

“Inequality!” he answered immediately. Opining that it is “unjust” for one person to have multiple times more wealth than others, Jack expressed his desire for massive income redistribution.

I then asked a follow-up question that I knew would cause Jack to think that I was changing the subject. “What’s your college grade point average so far?” Jack replied, “3.85.”

“Very impressive!” I said sincerely. “You’re among a relatively small number of students at Radford who’ve accumulated such a large number of high grades.”

Jack looked at me suspiciously. I pressed on, asking if he favors grade redistribution: transferring “A” grades from students with “unjust” amounts of A’s to students with very few high grades.

Being an intelligent young man, Jack saw where I was headed. He replied “That’s different. I earned my good grades.” To which I replied: “Yes. So what makes you think that very rich people such as Jeff Bezos and Lady Gaga did not earn their great wealth?”

Before Jack could answer, I put to him another question: “If you knew that Bezos, Gaga and other very rich people earned their wealth, would you then call the difference in their wealth from that of ordinary Americans ‘unjust’?”

Jack dodged my questions by insisting that “no one needs that amount of money.”

“That’s not the question,” I protested. “The question is about the justice of the likes of Bezos owning so much more wealth than is owned by ordinary people. Tell me, Jack: What is unjust about Jeff Bezos having billions of dollars if it is all wealth that he earned, just as you earned all of your high grades?”

Jack answered confidently: “It’s unjust because it gives Bezos more power than others.”

“More power?!” I reacted surprisingly. “What power does Bezos have over you or me? He can’t force us to shop at Amazon.”

Jack heard enough. Walking away in a huff, he brushed me off as if I were an uncomprehending old goat…

Be seeing you

che-guevara_00427261

 

 

 

 

Advertisements

Posted in Uncategorized | Tagged: , , , , , | Leave a Comment »

Doug Casey on Alexandria Ocasio-Cortez – Casey Research

Posted by M. C. on January 19, 2019

https://www.caseyresearch.com/casey-daily-dispatch/doug-casey-on-alexandria-ocasio-cortez

 

Justin’s note: America can’t stop talking about Alexandria Ocasio-Cortez (AOC).

AOC, if you haven’t heard, is a 29-year-old democratic socialist. Earlier this month, she became the youngest woman ever elected to Congress.

And that concerns me. I say this because her platform is every socialist’s dream. She wants Medicare to be free. She wants college education to be free. She wants to cancel student debt. She wants to hike the minimum wage to $15. And she wants to replace oil and gas with green energy by 2030.

Now, I realize these ideas might sound good to some people. But none of this would come free. It would require massive tax hikes and a lot more national debt. In short, she’s advocating for policies that often destroy entire economies.

Yet, she’s one of today’s most popular political figures…

Doug: Most likely she’s the future of the Democratic Party – and of the U.S. Why? She’s cute, vivacious, charming, different, outspoken, and has a plan to Make America Great Again. And she’s shrewd. She realized she could win by ringing doorbells in her district, where voter turnout was very low, and about 70% are non-white. There was zero motivation for residents to turn out for the tired, corrupt, old hack of a white man she ran against.

She’s certainly politically astute – but doesn’t seem very intelligent. In fact, she’s probably quite stupid. But let’s define the word stupid, otherwise, it’s just a meaningless pejorative – name-calling.

But in fact it doesn’t seem like she has a very high IQ. I suspect that if she took a standardized IQ test, she’d be someplace in the low end of the normal range. But that’s just conjecture on my part, entirely apart from the fact a high IQ doesn’t necessarily correlate with success. Besides, there are many kinds of intelligence – athletic, aesthetic, emotional, situational…

A high IQ can actually be a disadvantage in getting elected. Remember it’s a bell-shaped curve; the “average” person isn’t terribly smart, compounded by the fact half the population has an IQ of less than 100. And they’re suspicious of anyone who’s more than, say, 15 points smarter than they are.

However, there are better ways to define stupid than “a low score on an IQ test,” that apply to Alexandria. Stupid is the inability to not just predict the immediate and direct consequences of actions, but especially the indirect and delayed consequences of your actions.

She’s clearly unable to do that… Read the rest of this entry »

Posted in Uncategorized | Tagged: , , , | Leave a Comment »

EconomicPolicyJournal.com: The Socialist Positions of Bernie Sanders Get Smashed

Posted by M. C. on November 7, 2018

http://www.economicpolicyjournal.com/2018/11/the-socialist-positions-of-bernie.html

The below clip is from a pre-election debate between Senator Bernie Sanders and his then challenger  Republican Lawrence Zupan.

I never heard Zupan before but he is good here.

It’s is too bad, though that Bernie is not willing to debate his former high school classmate Walter Block, that would be a debate.

RW

Be seeing you

Posted in Uncategorized | Tagged: , , | Leave a Comment »

Elon Musk: ‘I Am a Socialist’

Posted by M. C. on June 18, 2018

Definition of socialism

You decide.

http://www.breitbart.com/california/2018/06/17/elon-musk-i-am-a-socialist/

by Joel B. Pollak

Tesla CEO and PayPal billionaire Elon Musk surprised many Friday when he declared on Twitter that he is a socialist. Conservative critics, however, may well have agreed, given his companies’ reliance on the state… Read the rest of this entry »

Posted in Uncategorized | Tagged: , , , , | Leave a Comment »

Maxine Waters: Trump Is the Most ‘Despicable,’ ‘Deplorable’ Human ‘I’ve Ever Encountered’

Posted by M. C. on April 16, 2018

Kalifornia’s finest. That wackey Maxine, why she was never was appointed ambassador nor UN rep I will never under stand. Always there when we need a chuckle.

Note the rarely seen smile caught in the screen shot.

“the biggest liar in the universe” -she apparently never met Bubba Clinton.

http://www.breitbart.com/video/2018/04/15/maxine-waters-trump-despicable-deplorable-human-ive-ever-encountered/

by PAM KEY

“most despicable, the most deplorable human being”

“the biggest liar in the universe”

Remember this? I do, that is why I don’t want anyone to forget

Read the rest of this entry »

Posted in Uncategorized | Tagged: , , , , , | Leave a Comment »