« Respect for Life | Main | Stop living in Wales »

The Triumph of Statism

Revenge of the Left across the world - Telegraph
It is not just that the Democrats will win a crushing victory in both houses of Congress, perhaps reaching the 60-seat Senate threshold that lets them steam-roll legislation. It is also that the incoming class of 2008 is of a new creed. Many no longer believe – or actively reject – the free trade and free market catechisms....will they deliver an electoral drubbing so thorough that it signals the utter rejection of conservative ideology and kills the notion that America is a 'center-right' country?

No matter that statist policies were responsible for this global crisis in the first place....But at this point I have given up hoping that we will draw the right conclusions from this crisis. The universal verdict is that capitalism has run amok.

...To those who still think that business can go on as normal now that EU taxpayers have had to rescue the financial system, I can only say: what will happen to London if EU exchange controls are imposed, or if leverage is restricted by draconian laws – as demanded by the German, Dutch, and Nordic Left?

Does the UK still have a blocking minority under EU voting rules to stop a blitz of directives that could shut down half the activities of the City – or the 'Casino' as they say in Brussels? I doubt it.

Who thinks that the three key Commission posts – single market, competition, and trade – will still be held by free marketeers when the new team comes in next year?

In Germany, Oskar Lafontaine's Linke party now has 23pc support in Saarland on a Marxist pledge to nationalize banks and utilities.

"Laissez-faire, c'est fini," said President Nicolas Sarkozy. "We will intervene massively whenever a strategic enterprise needs our money."

Such language can now be heard daily across Europe...

And just when there was a glimmer of hope that the poisonous doctrine was on its last legs, it all looks very bleak, and it may take thirty years to be destroyed again and for us to be free to enjoy prosperity.

Comments

"But at this point I have given up hoping that we will draw the right conclusions from this crisis."

Shumer, Dodd, and Frank were instrumental in the collapse, and they are the ones holding hearings about what went wrong. Will they draw the right conclusions? Not on your life.

Typical socialist-statist operandi: screw things up horribly with invasive bureaucratic and regulatory insanity, then blame capitalists and the free market.
In turn Nationalize the Markets, from Finance to Medicine to Eco-Loon Science and thereby prevent a recovery both fiscally, and intellectually - and the State becomes National Socialist, with a nice depressing outcome shared by (most) all...

By the very forming of a government body there are some acknowledged actions it will take, some laws it will carry out, or enforce, and this will always be done in the context of power. If the law prevents nothing, has no palliative effect then the law is serving a use of power aimed at, not for the citizenry.
By definition this would be totalitarianism.
The whole point of Law is to point a way towards justice. To ignore the reality that we are the basis of all law is to promote statism. Statism always begins with the definition of what is legal, never what is moral. States can't speak to what is moral, for they are immoral by nature.

By the very forming of a government body there are some acknowledged actions it will take, some laws it will carry out, or enforce, and this will always be done in the context of power. If the law prevents nothing, has no palliative effect then the law is serving a use of power aimed at, not for the citizenry.
By definition this would be totalitarianism.
The whole point of Law is to point a way towards justice. To ignore the reality that we are the basis of all law is to promote statism. Statism always begins with the definition of what is legal, never what is moral. States can't speak to what is moral, for they are immoral by nature.

Post a comment