The collectivism virus need not destroy us, if we immunize ourselves with the philosophy of liberty and market liberalism. What we need is herd immunity, but that requires as many of us as possible to spread the ideas of freedom to as many of our fellow citizens as is possible.
The last time government sought a “warp speed” vaccine, dead and paralyzed vaccine recipients were the tragic consequences.
Politicians “looking for something to do” like banning plastic bags routinely do more harm than good.
Marx’s critique of capitalism and capitalist society has shaped much of the social thinking in Western countries that led to the welfare state and extensive government intervention into economic affairs.
Today, unfortunately, we’ve replaced practices that work with practices that sound good and caring, and we’re witnessing the results.
The COVID-19 pandemic may help by bringing a clearer understanding why business needs a moral defense from its leaders and that such defense must be based on the principle of individual rights.
The “we fallacy” is ubiquitous, especially among professors, politicians, policy wonks, and pundits. The fallacy of “we” is a form of the fallacy argumentum ad populum or “appeal to the people,” to “popular opinion.”
“Laissez-faire” Stockholm seems to fare better than locked-down New York.
The inescapable conclusion of the Mises-Hayek argument about socialist calculation is that an efficient socialist society cannot be designed.
CAPITALISM REVIEW