Socialism

Scandinavia is not socialist; in fact, they are often ranked far higher than socialist economies like Venezuela in terms of economic freedom.

Murray Rothbard properly noted that the predatory state needs its “court intellectuals” to legitimize its predations. American higher education is happy to provide them.

As leftist politicians claim they will make life more “affordable” by imposing costly government intervention into the markets, others vote with their feet, moving to places with less intervention and more economic sanity.

Government transit in the US is going from bad to worse. Systems are breaking down and law-abiding riders face dangers of assault, robbery, and murder. The current “solution”? Spend even more money on these systems.

New York’s mayor-elect believes he can implement socialist policies through sheer rhetoric, as though mere words can make socialism work. However, economics involves real things and reality will hit New Yorkers soon enough, and they won’t like it.

The story of how the Pilgrims at Plymouth Rock abandoned the common labor system and embraced private ownership is well known. While at first it affected a small community, William Bradford’s decision in favor of private enterprise would have a wide ranging effect.

New York’s mayor-elect believes he can implement socialist policies through sheer rhetoric, as though mere words can make socialism work. However, economics involves real things and reality will hit New Yorkers soon enough, and they won’t like it.

Portugal’s Estado Novo, which dominated politics for more than 30 years there, and was firmly anti-capitalist. It has been 50 years since Estado Novo’s demise, but anti-capitalist thinking still dominates among Portugal’s ruling elites.

The standing myth about AI is that it will put everyone out of work and leave the Marxian Reserve Army of Labor. The other fear is that it will bring about socialism. Neither is true.

Europe’s eye-watering tax levels are a leading cause of stagnation of European economies, as well as the symptom par excellence of statist gluttony.