Category Archives: Capitalism

Seattle’s May Day Morons Should Depart For North Korea

Capitalism, Communism, Free Markets, Socialism

Molotov cocktails are the only things used by Seattle May Day marchers that bear the name of a communist, a monster of a man called Vyacheslav Molotov. For the rest, the clothes they wear, the devices they use to transmit their sub-intelligent message; the food they buy on the way, likely with welfare dollars—these are all produced, or brought to market by the productive-sector, by the capitalists these anti-capitalists dream of destroying.

Even Bernie Sanders is made in America. In North Korea, Sanders would be in a labor camp learning the ropes, which is where these dumb and dangerous protesters should be.

The Seattle Police Department is trying more vigorously than years past to prevent wanton destruction of private property by this most stupid, dispensable segment of society.

This being the Age of the Idiot, our mindless media are providing giving wall-to-wall coverage.

No Place For Capitalism In The Obamas Cuban Experience

Barack Obama, Capitalism, Communism, Free Markets

A murderous, brutal dictator” is how conservative talkers have been referring to Cuban President Raul Castro, with whom Barack Obama seemed overjoyed to cavort; the president is indeed in his element in Cuba.

From conservatives I’d have liked to hear more about the glories of free-market capitalism, the suppression of which accounts for Cuba’s abject misery.

“The voluntary free market is a sacred extension of life itself. The free market—it has not been unfettered for a very long time—is really a spontaneously synchronized order comprising trillions upon trillions of voluntary acts that individuals perform in order to make a living. Introduce government force and coercion into this rhythm and you get life-threatening arrhythmia. Under increasing state control, this marketplace – this magic, organic agora – starts to splutter, and people suffer.”—ILANA (April 23, 2010)

It’s telling that the Obamas took their girls along for the Cuban experience. I bet those girls heard nothing about the forces that made it possible for them to grow so tall, healthy and lovely, and have the best of everything.

Their father, our dreadful cur of a president, spoke not about capitalism but about … race.

Bernie Sanders’ Rickety Platform Of Big Bad Money Is … A ‘Dud’

Capitalism, Classical Liberalism, Democracy, Democrats, Donald Trump, Elections, Law, Socialism

The Bernie Sanders claims—his platform, really—that Big Money controls politics has proven to be a bit of a “dud.”

In the words of David Von Drehle of Time magazine, “Big Money, the supposed superpower of post-Citizens United politics, is a dud so far. Super-PAC bets by various billionaires have done nothing to fire up such candidates as former Florida governor Jeb Bush. Bush has filled screens in key states with millions of dollars in both positive and negative ads. The result: falling poll numbers. Touted as a front runner a year ago, Bush is mired in single digits and rang in the new year by announcing that he was scrapping a round of ads in favor of more ground troops in early voting states.” (“How Trump Won,” Time, January 18 issue.)

What does this say about the logic of Sanders’ campaign?

The illiberal (this writer is classically liberal) Sanders and Hillary Clinton have JUST pledged to undo Citizens United.

If free speech—Big Money—is excised from politics; in particular, unlimited election spending by individuals is disallowed—you’d have no Donald Trump counter-politics.

A Barack Obama new rogue in judicial robes will certainly ensure no self-funding billionaires rise against the system.

Left-Liberal LA Times Calls Trump Supporters Fascists

Capitalism, Communism, Constitution, Fascism, Left-Liberalism And Progressivisim, Political Philosophy, Socialism

“Bernie Sanders’ socialist inclinations do not bother his fans,” blared a Los Angeles Times headline. Just kidding. That’ll be the day a left-liberal ignoramus hypocrite at the LA Times lobs insults at the beloved Bernie’s supporters.

The real title to this fatuous piece is, naturally, “Donald Trump’s fascist inclinations do not bother his fans.” Because the author is ignorant about everything, not least political philosophy and history, he sees nothing comparably vile, detestable and totalitarian about other candidates’ socialist prescriptions and proclivities. You’ll never hear a word from moron media members (David Horsey) to the effect that professing anything remotely socialist ought to be stigmatized as totalitarian.

Of course, no fascism is involved. As at least one legal scholar writing at the New York Times offered, “Trump’s Anti-Muslim Plan Is Awful. And Constitutional.” In other words, a president’s plenary power to prevent a possibly dangerous cohort from obtaining immigration status is not fascistic, it’s just not “nice.” In line with the writer’s liberal asininity, the rest of this bloke’s article (David Horsey) consists in appeals to authority, not argument: “Megyn Kelly said, Max Boot said, Paul Ryan said.”

George Reisman, PhD, explains “Why Nazism Was Socialism and Why Socialism Is Totalitarian”:

… apart from [the great economist] Ludwig von Mises and his readers, practically no one thinks of Nazi Germany as a socialist state. It is far more common to believe that it represented a form of capitalism, which is what the Communists and all other Marxists have claimed.

The basis of the claim that Nazi Germany was capitalist was the fact that most industries in Nazi Germany appeared to be left in private hands.

What Mises identified was that private ownership of the means of production existed in name only under the Nazis and that the actual substance of ownership of the means of production resided in the German government. For it was the German government and not the nominal private owners that exercised all of the substantive powers of ownership: it, not the nominal private owners, decided what was to be produced, in what quantity, by what methods, and to whom it was to be distributed, as well as what prices would be charged and what wages would be paid, and what dividends or other income the nominal private owners would be permitted to receive. The position of the alleged private owners, Mises showed, was reduced essentially to that of government pensioners.

De facto government ownership of the means of production, as Mises termed it, was logically implied by such fundamental collectivist principles embraced by the Nazis as that the common good comes before the private good and the individual exists as a means to the ends of the State. If the individual is a means to the ends of the State, so too, of course, is his property. Just as he is owned by the State, his property is also owned by the State.

But what specifically established de facto socialism in Nazi Germany was the introduction of price and wage controls in 1936. These were imposed in response to the inflation of the money supply carried out by the regime from the time of its coming to power in early 1933. The Nazi regime inflated the money supply as the means of financing the vast increase in government spending required by its programs of public works, subsidies, and rearmament. The price and wage controls were imposed in response to the rise in prices that began to result from the inflation.

The effect of the combination of inflation and price and wage controls is shortages, that is, a situation in which the quantities of goods people attempt to buy exceed the quantities available for sale. …

… Read “Why Nazism Was Socialism and Why Socialism Is Totalitarian.”