The British NHS More Resembles a Statist Cult Than Advanced Healthcare
The seventy-fifth-anniversary celebration of the British National Health Service masked the real failures of this system, one that only can become worse over time.
The seventy-fifth-anniversary celebration of the British National Health Service masked the real failures of this system, one that only can become worse over time.
Yellow Trucking Company has filed for bankruptcy and ceases to exist as a viable firm. Much of the blame is due to the Teamsters Union which has a long a violent history.
Murray Rothbard wrote that egalitarianism was a war against nature. Statism has become a war against reality.
The simplest action of economics—beneficially mutual voluntary exchange—is also its most profound. People serve each other while improving their own lot in life.
The recent actions of the Federal Reserve are reminiscent of central bank activities in wartime.
The activists went from "We want to be left alone to live our lives" to "we want to control your lives too." Now the movement has state power on its side and bullies all opponents.
The potential for denationalized money is real and important. But progress still must be made before cryptocurrencies can become true substitutes for fiat currencies.
Some are claiming that AI can make socialism workable, but even AI cannot take the place of entrepreneurial economic calculation.
Even under chattel slavery, inequality was still pervasive. Carpenters, sugar boilers, blacksmiths, cabinetmakers, and rum distillers constituted an elite core of slaves.
Following the collapse of the USSR, many socialists pinned their hopes upon the development of a "market socialism" that would be economically efficient and create equality. Marxist philosopher G.A. Cohen wisely dissented.