The UK Is in Economic and Social Freefall
Whatever advances Great Britain made during the Margaret Thatcher years have long been reversed as the UK finds itself in decline of its economy and social fabric. Big government, once again, is the culprit.
Whatever advances Great Britain made during the Margaret Thatcher years have long been reversed as the UK finds itself in decline of its economy and social fabric. Big government, once again, is the culprit.
As government control expands, the space for individual freedom contracts. This is not a historical accident, but the result of decades of planning and social engineering, where the autonomy of the average citizen is sacrificed on the altar of an omnipresent state.
The new “Donroe Doctrine” that is used to justify the US invasion of Venezuela is in line with how the state seizes power and then finds ways to justify actions that are unjustifiable.
The Trump administration wants Americans to believe that this latest intervention into Venezuela was a quick and definitive success. But, given enough time, there is essentially no way this can go well.
Infrastructure can be built under freedom because freedom disciplines action. Under coercion, it becomes theater.
Most academic historians claim that big businesses in the US were economy-choking monopolies at the end of the 19th century, and that government was needed to enforce competition. In reality, the government and businesses joined forces to promote monopolies.
Great Britain’s Labour government continues to pursue the ruinous policies of inflation and out-of-control spending, all in the name of promoting economic growth. They will get stagflation instead, and then blame the entire problem on capitalism.
All children eventually learn that the presents under the Christmas tree come from family and friends, who must pay for them with their own money, and not from Santa Claus.
All children eventually learn that the presents under the Christmas tree come from family and friends, who must pay for them with their own money, and not from Santa Claus.
Murray Rothbard properly noted that the predatory state needs its “court intellectuals” to legitimize its predations. American higher education is happy to provide them.