The Economist’s Superpower
Prosperity does not depend upon “great men,” either as socialist planners or capitalist entrepreneurs. Intentionally in generally is wildly exaggerated as a cause of social outcomes. Institutions matter far more.
Prosperity does not depend upon “great men,” either as socialist planners or capitalist entrepreneurs. Intentionally in generally is wildly exaggerated as a cause of social outcomes. Institutions matter far more.
Police state, corporate state, denuded duncery state — a blistery bunch of 80 percenters lost in a carnival of debt, malignant food, maladjusted education and the folly of a full-throttle powerfully propagandist media like a proverbial copper girdle wire around our collective consciousness. That So Called Liberal (sic) Press (sic) playing triple dirges for the death of any emaciated version of democracy with a capital D for dollar.
Unsurprisingly, Jeremy Corbyn is walking around with a permanent grin on his face. He is rightly delighted with the achievement of the Labour Party in Britain’s recent general election. Given the two years of relentless abuse and ridicule that’s been heaped upon him by the mainstream media, together with the appalling treachery of most of his fellow Labour MPs who tried, but failed miserably, to oust him as leader, the result of the June 8 ballot was a ringing endorsement and validation of his remarkable accomplishment.
Until now… men were living both dispersed and at the same time, closed in on themselves, like passengers in a ship who have met by chance below decks with no idea of its mobile character and its motion. They could, accordingly think of nothing to do… but to quarrel or amuse themselves… Hitherto, in spite of external forces whose influence is to bring them together, the relations between spiritual atoms seem to be governed by an inflexible internal repulsion….
Three days before the British election, The Independent’s headline title read: “Majority of British voters agree with Corbyn’s claim UK foreign policy increases the risk of terrorism”
Freedom in Latin America has been endlessly threatened throughout history. In many ways, people who have come to power, have felt the omnipotence above the individual to decide and govern on behalf of "the people": that intangible being but omnipresent in all the speeches of a populist. Here, FEE President Lawrence W. Reed discusses his take on the socialists that have taken over many parts of the continent.
Gilad Atzmon has a new book just out titled Being in Time: A Post-Political Manifesto. The title probably is influenced from a book, Being and Time, written by the German philosopher Martin Heidegger.
In B. Traven’s novel, The Treasure of the Sierra Madre (1927):
“All right,” Curtin shouted back. “If you are the police, where are your badges? Let’s see them.”
“Badges, to god-damned hell with badges! We have no badges. In fact, we don’t need badges. I don’t have to show you any stinking badges, you god-damned cabrón and chinga tu madre!”
Just as it was important for the Communist world to be continuously exposed to capitalist countries that got economics right, it is instructive for the capitalist world to be exposed to at least one country that gets its economics wrong, such as Venezuela.