By just glancing at Latin America’s current gun policies, we see a region that is in desperate need of more pro-gun laws. Countries like Brazil, Mexico, and Venezuela offer lurid accounts of what happens when most of the population is effectively disarmed when facing real criminal threats.
The theory goes like this: capitalism combines with consumerism and advertising to make us sad, lonely, and forever chasing after material goods. So we consume endlessly and the Machiavellian capitalists reap the rewards. It's not a great theory.
Unlike the Versailles peace, which failed horribly, the successful episodes of peacemaking — Westphalia, Vienna, and even the process that ended World War II — had in common extended multi-lateral negotiations and compromise.
Modern Monetary Theory is the new thing among progressives. But it's been tried by many others, including the Roman dictators who ruined the Roman economy and had Rome falling apart before the barbarian invasions.