Capitalism works well in developing countries when certain cultural obstacles are overcome. But if we ignore the cultural foundations of market institutions, we only succeed in generating contempt for capitalism.
In the wake of Shays' Rebellion, "the ultra-nationalist leader James Madison" looked for "a way to strengthen the power of Congress." The Annapolis Convention was an important first step to building a national leviathan.
Identitarians present a parody of human rights: only approved groups are recognized as victims. Unapproved individuals are lost in the balkanization despite the fact that, in the final analysis, only individuals suffer and cry out for help.
America is plagued by mountains of debt, cheap money, and an out-of-control central bank. But the situation with the European Central Bank is even more dangerous.
There is much talk these days about Fed "transparency" easing the effects of monetary policy. But it is not possible to deflate the present gigantic monetary bubble without a severe economic bust, and a policy of transparency employed by the Fed cannot prevent the inevitable bust.
Federal regulators are claiming "socially responsible investing" can be just as good as traditional investing in terms of gaining returns for retired workers. But if that's true there's no need for regulations pushing these investments at all.
Major League Baseball's boycott of Georgia only makes any sense at all if we conflate every single Georgia resident with the regime itself. But in the real world the claim that "we are the government" has always been nonsense.
Globalists know that so long as sovereign states have the ability to set their own tax rates, regimes are tempted to engage in “tax competition” in order to attract capital. The cure to this “problem” is a global minimum tax rate.
Of course, scientists were never supposed to run our society. The technocrat class cannot possess all of the knowledge necessary to effectively run the lives of 330 million Americans. But that will not stop them from trying.
Postmodernism lends itself to totalitarianism. Once beliefs aren't constrained by the object world, an idea can't be wrong, and the intellectual battleground becomes a political one, a struggle to impose certain ideas on all.
