I was reading an article on Mises.org (The Ludwig von Mises Institute) title "Everything you Love You Owe to Capitalism" just by the title you can tell why I decided to read the article.
The article is rather long so I'll just point out two passages I came across that I just love.
Whatever the specifics of the case in question, socialism always means overriding the free decisions of individuals and replacing that capacity for decision making with an overarching plan by the state...
...The whole of our world is covered with lessons about the merit of economic liberty over central planning. Our everyday lives are dominated by the glorious products of the market, which we all gladly take for granted. We can open up our web browsers and tour an electronic civilization that the market created, and note that government never did anything useful at all by comparison.
We are also inundated daily by the failures of the state. We complain constantly that the educational system is broken, that the medical sector is oddly distorted, that the post office is unaccountable, that the police abuse their power, that the politicians have lied to us, that tax dollars are stolen, that whatever bureaucracy we have to deal with is inhumanly unresponsive. We note all this. But far fewer are somehow able to connect the dots and see the myriad ways in which daily life confirms that the market radicals like Mises, Hayek, Hazlitt, and Rothbard were correct in their judgments.
I really like them because of two reasons. First off I made a similar point awhile ago in this post "Have a Little Consistency" (on a side note that's twice I've recently referenced this posting for 2 separate points I originally made). You can gather the point right from the title of the post. How often do people like to complain about government inefficiencies but then you go and look at the platforms for the three remaining candidates. You have a liberal, a leftest liberal and then there's Hillary Clinton! Or Big Government and the Socialists (which by the way was point number two in why I liked the comments).
Thank you, British Academy
5 weeks ago
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