Democracy

Based on their writings, what insights do Hayek and Mises provide about the recent election of Mamdani?

On this episode of Power & Market, Ryan, Connor, and Tho take a look at this week's off-year elections. Were any of the outcomes a real surprise? Does Mamdami reflect the future of the left? Will affordability bring down MAGA? The roundtable discuss these questions and more.

Otto von Bismarck said, “Laws are like sausages, it’s better not to see them made.” If people look too closely, they would recognize that the republic has long since become something else entirely.

So-called democratic socialists claim they just want to empower ordinary people through democracy. Socialism, however, invariably must turn into a top-down system of central planning in which the state is all-controlling.

Jamaica’s constitutional reform will achieve nothing if it continues to indulge the politics of resentment rather than building the framework for liberty.

Individual voters have little reason to become informed. Politicians have strong incentives to pander rather than persuade. Partisans are rewarded for tribal loyalty rather than epistemic integrity.

Individual voters have little reason to become informed. Politicians have strong incentives to pander rather than persuade. Partisans are rewarded for tribal loyalty rather than epistemic integrity.

The lesson is stark: when moral responsibility is dispersed and accountability is nowhere to be found in a society fueled by propaganda, violence becomes more appealing.

The “woke left” and “woke right” are lumped together as two types of “woke.” But it is intellectually lazy and obscures truth to identify all opponents as the same because of superficial similarities.

Portrayed as a socialist system that is established through the democratic voting system and not imposed by revolutionary violence, democratic socialism leads to an ossified, bureaucratic, iron-fisted system.