“As Deirdre McCloskey put it:
“Anyone who after the 20th century still thinks that thoroughgoing socialism, nationalism, imperialism, mobilization, central planning, regulation, zoning, price controls, tax policy, labor unions, business cartels, government spending, intrusive policing, adventurism in foreign policy, faith in entangling religion and politics, or most of the other thoroughgoing 19th-century proposals for governmental action are still neat, harmless ideas for improving our lives… is not paying attention.”
This is an excellent essay.
By Robert Higgs
“Socialism with Chinese characteristics” = Chinese fascism
“American capitalism” = American fascism
“Post-Communism in Russia” = Russian fascism
“Scandinavian Third Way” = Scandinavian fascism
“Italian fascism” = Italian fascism
“German fascism” = German fascism
“European corporatism” = European fascism
Are you starting to see a pattern?
Many people continue to perceive the presence or impending advent of socialism here, there, and everywhere. But full-fledged socialism is almost extinct.
Ryan is as bad as Boehner was.
What a novel idea! Maybe we should figure out where we are wasting billions and billions of dollars before we start spending billions and billions more. I know it’s a crazy notion, but maybe we should give it a shot. I mean it’s only our money right?
It should be noted that Seattle actually has a statue to Lenin on display. They should have kept the red paint on his hands. But you know – “progress.” Talk about profound idiocy.
But hey. People can move. And they likely will. So chase the poor people out by raising the minimum wage. Then chase the new money out by taxing their income. Oh and don’t forget licensing dog walkers.
The move should ALWAYS be to reduce taxes. On the poor. On the rich. On the middle class. This is a big part of the libertarian/conservative coalition. Reduce the burden of the state. Free up as much of the economy as possible.
It’s the people’s money anyway.
But many Americans don’t see things like this. They talk about people paying their “fair” share. (Who determines what is fair?) About income disparity. Fundamentally there are some who think it’s perfectly legitimate for the government to take a person’s wealth –
“Let others plan their future, I’m busy loving you…Sha la la…Live for today…”
Saying that, it’s not like we Gen Xers and Millenials are doing a bang up job either.
The question is, who are the 39% that are opposed?
Taxes are too high and must come down. (And don’t give me any of that relativistic stuff about Europe or 1950s America when NO ONE paid the actual rate.) We didn’t even have an income tax until 100 years ago and we can live without one again if we so wanted. And more and more people so want.
The state is much too large. It must be shrunk.
This is a very legitimate point and a point a friend of mine, an older man who came from Argentina originally, made also to me years ago. He and his wife were very concerned about the rise of “El Jefe” (crony) style politics. He believed that much of this rise came from the urban political machines exploiting a new immigrant population that was more familiar with Mexico or Guatemala’s system of patronage than with the US Constitution. These people knew the PRI,