Thomas Sowell: From Marxism To The Free-Market
Government programs that are supposed to help minorities end up doing more harm than good.
Government programs that are supposed to help minorities end up doing more harm than good.
Whenever accusations of “bubbles” are thrown about, I think of these extraordinary stories and the grand selection mechanism that is financial markets.
While the welfare state cannot be transformed into a free-market system overnight, businesspeople can help by speaking up (in forums open to them) when restrictions on freedom of business are being proposed by government and other groups.
It’s revealing that government-run schools fight to stay closed, while most businesses — private schools, restaurants, hair salons, gyms, etc., fight to be allowed to open.
The rhetoric for a “climate change catastrophe” has been around for decades. When warming didn’t happen, the rhetoric changed to threats of freezing, which morphed back to warming.
What explains today’s bi-partisan violence? When reason is out, persuasion and peaceful assembly-protest also are out. What remains is emotionalism – and violence.
I fear the answer is “Yes” based on the faith of his followers.
We should remember and appreciate episodes in history like those in Lithuania in January 1991, in which a people oppressed by socialist tyranny said, “No,” and insisted upon regaining their freedom.
It should never be illegal to do honest business in America, even if that means a transaction isn’t denominated in U.S. dollars.