The transition to socialism, in the sense of an almost subconscious, sleep-walking sort of "maximax" strategy by the state, both to augment its potential discretionary power and actually to realize the greatest possible part of the potential thus created, is likely to be peaceful, dull, and unobtrusive. This is its low-risk high-reward approach. Far from being any noisy “battle of democracy … to centralise all instruments of production in the hands of the state”; far from involving some heroic revolutionary break with continuity; far from calling for the violent putting down of the propertied minority, the transition to socialism would probably be the more certain the more it relied on the slow atrophy of initially independent, self-regulating subsystems of society. As their free functioning was constrained, the declining vitality of successive chunks of the “mixed economy” would eventually lead to a passive acceptance of a step-by-step extension of public ownership, if not to a clamour for it.
March 14, 2024 No Emergency Powers in the Constitution
It has become an article of faith that under our system of government, federal officials can declare an emergency, which then purportedly authorizes federal officials to exercise emergency powers. However, it just ain’t so. There is nothing in the Constitution that authorizes the federal government to declare an emergency or to exercise emergency powers. Keep in mind that when the Constitution called the ...
The Great Election Fraud by John W. Whitehead
The U.S. Supreme Court was right to keep President Trump’s name on the ballot.The high court’s decree that the power to remove...
The New Deal by Jacob G. Hornberger and Richard M. Ebeling
In this week's Libertarian Angle, Jacob and Richard discuss the tremendous impact that President Franklin Roosevelt's New ...
Abolish the Minimum Wage by Jacob G. Hornberger and Richard M. Ebeling
In this week's Libertarian Angle, Jacob and Richard discuss why California's new law raising the minimum wage ...
