Why Does Anyone Still Take Socialism Seriously?
Socialism's failures are well-known, but true believers abound that insist that this time we can make it work. The question is why anyone still believes in it at all.
Socialism's failures are well-known, but true believers abound that insist that this time we can make it work. The question is why anyone still believes in it at all.
Socialism's failures are well-known, but true believers abound that insist that this time we can make it work. The question is why anyone still believes in it at all.
Populists have spent the past decade rebelling against a political system they correctly recognize as rigged. But they keep focusing on its surface-level symptoms while ignoring the institution at its center.
J. D. Vance raised a few eyebrows invoking Huey Long as a populist. The problem is that the populist from people like Long and Bernie Sanders is that it is based on confiscation and destruction of wealth and property. Murray Rothbard proposed a real populism.
JD Vance raised a few eyebrows invoking Huey Long as a populist. In other words, the so-called populists really are calling for platforms of wealth destruction and lower living standards for all. Murray Rothbard proposed a populist alternative.
Populists have spent the past decade rebelling against a political system they correctly recognize as rigged. But they keep focusing on its surface-level symptoms while ignoring the institution at its center.
Democratic socialists are always talking about what they will do in the future. That is because they would rather we forget what they did in the past.
For all of his overt hostility toward the United States, George Soros certainly has a strong foothold in the Trump administration, as a number of his acolytes have key positions, including Secretary of the Treasury Scott Bessent.
Marx held that class conflict was the overriding issue of his day, and Marxists still hold to that viewpoint. Their assumptions about class, however, do not square with modern reality.
The Fed wants to keep interest rates low so the government can borrow on the cheap. But bond markets are driving up interest rates as inflation isn't going away.