Jittery stock markets, an economy drunk on credit, and politicians calling for varieties of dictatorship: what a sense of déjà vu! Let us recall that the world went bonkers for about ten years way back when. The stock market crashed in 1929, thanks to the Federal Reserve, and with it fell the last remnants of the old liberal ideology that government should leave society and economy alone to flourish. After the federal Great Depression hit, there was a general air in the United States and Europe that freedom hadn’t worked. What we needed were strong leaders to manage and plan economies and societies. And how they were worshiped. FULL ARTICLE
Source link: http://blog.mises.org/6911/its-the-1930s-all-over-again/
It’s the 1930s All Over Again
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Unfortunately, a very well-respected investor and example to millions does think he is under-taxed – Warren Buffett. His father was friendly with Rothbard, but clearly Warren did not inherit the laissez-faire gene. It is PR problem for capitalism that such an icon is so ignorant of economics and encourages higher taxes on the rich.
With regard to the impeccable comments made on the counterfeit climate “change” subject, I’d like to highlight an article that I feel illustrates perfectly how the popular furore stoked by far-left “thinkers” leads directly to a philistine – and quite oppressive — government mandate being assumed.
http://www.guardian.co.uk/usa/story/0,,2138071,00.html
This article maintains The Guardian’s quite sterling reputation of being the foremost far-left, anti-intellectual and insufferably snobbish news media conversed in English.
However, in such a plentiful field, such a title isn’t likely to be held for long; with the British media seemingly unable to produce anything of any objective and intellectual stimulation, it is articles like these (which are examples, not exceptions, of current debate), replete with disingenuous comment, that force budding Libertarians (including this hanging-on-in-there-proud Englishman) into compromised refuges – Fox news and other nonsensical pro-war information outlets.
And yes, before you ask, I often stay up to 3am to watch O’Reilly and Hannity when their respective shows go out over here.
Haha so very true. Amazing that even Fox News is less biased than the BBC and various other leftoid British publications are…
How dare you put Mussolini’s picture in the middle! He founded Fascism- he should be on the far right, Hitler in the middle, and Roosevelt to the left! If you can’t get this correct, how can we trust the rest of the article?
God save us from you nutjobs who want to bring back unmitigated LF capitalism.
What is it about the concept of government protecting the people from economic domination and exploitation that you libertarians don’t get? We should get screwed in the ass by the rich monopoly class, while we sit around waiting for the free market to correct the whole situation? Fuck you.
Thank you for your intelligent and civil comment, Dana.
You present your side in an appropriate light.
It’s so nice to see such intelligent input out of leftists, isn’t it Kevin?
Lies. Sorry you believe them.
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