“Antidemocratic” Just Means “Something the Regime Doesn’t Like.”
Marxist regimes used to slap the word "antirevolutionary" on everything the regimes disliked. Today's regimes use the words "undemocratic" and "antidemocratic" in the same way.
Marxist regimes used to slap the word "antirevolutionary" on everything the regimes disliked. Today's regimes use the words "undemocratic" and "antidemocratic" in the same way.
The jobs data is worse than the latest headlines suggest, and workers are staring at falling real wages, declining savings, and mounting debt. We can thank the Fed.
Hyperinflation? Yes, it can happen here, and the more officials deny hyperinflation is possible, the more they create the conditions that causes it.
This is the "American dream" the Fed has given us: work more jobs and longer hours to keep paying those bills that are now growing at 8 percent per year.
Academic historians of the "acclaimed" new history of capitalism have a major weakness: their claims do not match the historical record.
This is the "American dream" the Fed has given us: work more jobs and longer hours to keep paying those bills that are now growing at 8 percent per year.
More than thirty years ago, Japan Inc., seemed like a global economic juggernaut. Today, no country fits that category, thanks to massive government spending and economic intervention.
The modern progressive narratives claim that the wealth of the West and especially of the USA was built upon the backs of slaves. In fact, slavery retarded economic growth.
In this politicized age, being an American means little more than being subject to the federal government. Yet, as Rothbard noted, we are not "the government," but rather people who are part of like communities, which we should celebrate.
While identity politics based on race and gender dominate the political landscape, we forget that class interests can be a powerful tool to bring people together for a cause.