Shortly before going down to an ignominious defeat to the Labor Party, the British Conservative Party proposed "national service," or what is known as conscription. It didn't sway British voters, but it was an ominous political development.
Threats to capitalism, arguments raised against capitalism, and the importance of liberty.
Even if we were to agree with the MMT advocates that MMT allows the economy to easily shift from privately-produced to government-produced goods and services, we still ask why people should be forced to purchase inferior goods.
Thanks to state propagandists in our education systems, people have been told that free markets create poverty while state control of economic exchange produces abundant wealth and effectively distributes it. The truth is that free markets reduce poverty and liberate humanity.
Critics of capitalism claim that private enterprise gives workers the unhappy choice of either working difficult, low-paying jobs or outright starving. The claim is false and the history of capitalism tells a different story.
When governments seize private firms in the name of nationalization, the moves are usually politically popular. However, it doesn't take long for the nationalized firms to turn into a financial black hole.
In the wake of the Labor Party's huge win in Great Britain, one is reminded that Labor and Conservatives are far more united in their economic and policy viewpoints than they pretend to be.
Javier Milei’s recent “snub” of Spain's political establishment during a recent visit there may have been a “violation” of diplomatic protocol, but it also was a statement that Spain’s socialism itself is uncivilized.
When governments seize private firms in the name of nationalization, the moves are usually politically popular. However, it doesn't take long for the nationalized firms to turn into a financial black hole.
