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What needs rethinking is not capitalism – much less the ideals of universal human rights and liberties – but the corruption of liberalism by a state that knows no limits to its powers.
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When Professor Stiglitz says that his neo-socialism is the only alternative to the failed neo-liberalism of our time, he is merely saying: let me impose upon you the economic planning schemes that I consider the good, fair, and just ones for you, in place of those other command-economy coercers who want to take you down “wrong” collectivist paths compared to mine.
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Government right now is historically unpopular, just as the free market is widely respected as the proper way to bring about social change.
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If socialism can’t be made to work in such a small and simple case like this, why would one think that all these problems would go away once you expand the idea of common ownership to the whole of society and all existing goods?
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Socialism is the antisocial system of politics over people, governmental power instead of peaceful and free association, and a handful of imposed political plans instead of a pluralism of as many plans as there are people in the world.
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Capitalism is not a hallmark of conservatism, it’s the most surefire way to change the world.
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People can vote with their feet for different political, economic, and social institutions. They have overwhelmingly voted for liberty, opportunity, and prosperity when free to do so.
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Yours may well be the decisive voice — the final increment of weight that shifts the balance and brings our ship of state, indeed our civilization, to survival course.
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Despite the screeds and slogans of would-be central planners and opponents of private property, individual liberty and steadily rising prosperity were — and remain — the true revolution.
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The food shortages have led to the end of anything normally called morality. Gangs of a thousand go hunting for food. They seize on a grocery store and light it on fire to provide light so that people can see in order to loot the place. Then it burns to the ground.
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The conceptual breakdown of revolution/counterrevolution is vastly better than any modern typology that too often distracts from the key issue: the place of power in our lives.
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Compelling people to be “decent” through government taxing and spending in fact drains decency from human relationships.
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