The main issue in present-day political struggles is whether society should be organized on the basis of private ownership of the means of production (capitalism, the market system) or on the basis of public control of the means of production (socialism, communism, planned economy). Capitalism means free enterprise, sovereignty of the consumers in economic matters, and sovereignty of the voters in political matters. Socialism means full government control of every sphere of the individual’s life and the unrestricted supremacy of the government in its capacity as central board of production management. There is no compromise possible between these two systems. Contrary to popular fallacy there is no middle way, no third system possible as a pattern of a permanent social order. The citizens must choose between capitalism and socialism or, as many Americans say, between the American and the Russian way of life.
– Ludwig von Mises, Bureaucracy [1944] |
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August 9, 2024
Both Vance and Walz Experience Moral Blindness on “Serving” in Iraq
Republican vice-presidential candidate J.D. Vance is taking Democrat vice-presidential candidate Tim Walz to task for his military “service” with respect to the 2003-2011 U.S. war on Iraq. He says that Walz ended his 24 years in the National Guard early to avoid being deployed to Iraq. For his part, Vance, who was in the Marine Corps for four years, “served” a year in … |
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