Nazi Germany was a socialist state, not a capitalist one and socialism, understood as an economic system based on government ownership of the means of production, positively requires a totalitarian dictatorship.
POLITICS
The basic and crucial political issue of our age is: capitalism versus socialism, or freedom versus statism. For decades, this issue has been silenced, suppressed, evaded, and hidden under the foggy, undefined rubber-terms of “conservatism” and “liberalism” which had lost their original meaning and could be stretched to mean all things to all men. – AYN RAND
Biden’s $3.5 Trillion “Make Big Government Even Bigger” Plan
For the government to do things “for you,” it must have the power to do things “to you.”
Government vs. The “Public Health”
Government has no “public health” role. It has only a “public freedom” role.
On Biden’s “Zero Price Tag” Trillion Dollar Increase in Government Spending
Joe Biden’s demagoguery, arrogant impatience, and dictatorial manner do not and cannot change reality. At the end of the day, his policies can only lead to a financial and economic disaster.
Just One Breach
Ayn Rand held that moral principles must be adopted as absolutes and that a single compromise will subvert a principle, as such. This holds true for the actions taken by nations as well as by individuals. The founder’s failure to faithfully abide by their own “self-evident” truths offers a perfect illustration of what follows from a single breach of fundamental and guiding principle.
Sophistic Rhetoric Hides the Reality of Peaceful Production vs. Political Plunder
Virtually every politician runs for office on a campaign platform that promises to extend concrete and specific benefits to various selected groups through the taxing or regulating powers of government.
Thoughts on Military Parades and the UN Announcement
Did you ever wonder why dictators love military parades?
On 9/11 Remembering the Truly Forgotten, Twenty Years Later
America’s attackers understood more about the roots of American prosperity and the wellspring of human prosperity than most Americans do.
The Appearance of Patriotism
A nation is as great as it is free.
Biden Proposes Government Price Controls on Prescription Drugs
The optimal price government should pay for medical care, including prescription drugs, is $0.00.
Are You A Racist?
Are you a racist? All white people are, says “White Fragility” author Robin DiAngelo. Race explains everything, says bestselling “How to Be an Antiracist” author Ibram X. Kendi. “Every policy is either racist or anti-racist.”
Can Capitalism Survive?
Peikoff identifies three pillars of capitalism—examining each one’s status in the present day. He also leads the audience through a quick sweep of American history, commenting on the decline in freedom over time.
Investment vs. Speculation: Where Does Your Profit Come From?
It matters where your profit comes from. Investment is not the same as speculation. Dividends are not the same as capital gains, despite what Central Banks want you to believe.
Lessons for the Fed from the Pandemic
Despite the serious costs of the pandemic, the responses to it have reduced costly government regulations and speeded up the development of vaccines via the private sector and encouraged new technologies.
Laissez-Faire Capitalism: Still The Unknown Ideal
Laissez-faire capitalism is an ideal worth working for and attaining.
Give Hong Kong Residents a Path to U.S. Citizenship
Hong Kongers would make outstanding Americans if they aren’t already in spirit.
“Viennese Operetta: My Virtual Reality
Serious values in a fun world.
The Afghanistan Fiasco was Based on a Philosophical Error
The disintegration of the Afghanistan army after the U.S. withdrawal should not have come as a surprise to anyone. It was based on a philosophical error.
Infrastructure Bill as Political Plunder and Social Engineering
Nothing says you really “care” in politics as a demand to spend $1 trillion of other people’s money on “essential” public “need.”
Government Debt as Far as the Fiscal Eye Can See
The thought of living within a balanced budget sends a frightening shiver down almost every politician’s spine.
Endless Rules
Drug legalization doesn’t have to be stupid.
Woke Language
It’s as if America is moving toward “1984,” George Orwell’s novel, in which government controls people’s thoughts by creating a new language, Newspeak.
Innovation vs. Regulation
When is government regulation a death sentence for innovation and entrepreneurialism?
Racial Equity Studies: Tribalism on the Warpath
If a racial equity study finds that a particular project will result in the displacement of “people of color,” it will be used as a club to beat developers into submission. Developers will be forced to abandon their project or concede to whatever demands activists and politicians can concoct.
The Mind of the Dictator
The core problem in opposing dictatorships is the moral self-doubt of our politicians and that of other free countries.
Biden: The ‘Capitalist’ Who Isn’t
Does anyone really think that Joe Biden, who is not a capitalist but a lifelong politician, knows “the right way to invest” $6 trillion?
Welfare for the Rich
Politicians always promise that public investment will return more in benefits to taxpayers. But it’s not true.
Giving You Health Care “Equally”
The government must take good medical care from those who have it and redistribute it to those who do not.
“Building Back Better” Schemes vs. Individual Rights
Whether the “build back better” schemes will actually improve citizens’ lives, as the governments imply, depends on the definition of “better.”
Let Us Be Clear Once and For All: Socialism Is Not at Root About Economics!
For the Conservatives, Capitalism is moral only to the extent that the capitalist lives to serve others. Self-interest can be smuggled silently in but not as a moral right or as a moral ideal. This means that “creeping socialism” always has the advantage and thus creeps unabated.
Lots of New Money, But Still-Low Inflation. What Gives?
Banks, businesses, and households tend not to hoard money in good times, or when they have confidence in the credibility and predictability of policymakers; they hoard in bad times, when they lack sufficient confidence. That is precisely the case today, even if officials won’t admit it.
An Electoral College Within Each State
Instead of the United States abandoning the Electoral College, state legislatures should take us in exactly the opposite direction. From now on, they should abandon a statewide popular vote for president, and instead either appoint electors directly or implement an Electoral College-type system within each state.
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