HERE’S THE REAL DEAL. Part One.
George Reisman, professor of Economics at Pepperdine University, and author.
Says Reisman in his book, Capitalism: “Economic activity in the development of economic institutions do not take place in a vacuum. They are profoundly influenced by the fundamental philosophical convictions people hold. Specifically, the development of capitalist institutions and the elevation of the level of production to the standard it has reached over the last two centuries presuppose the acceptance of a this-worldly, pro- reason philosophy. Indeed in the essential development the institutions of capitalism and the economic progress that results represents the implementation of man’s right to life… Capitalism is the economic system that develops in so far as people are free to exercise their right to life and choose to exercise it… It’s institutions represent, in effect, a self expanded power of human reason to serve human life. The growing abundance of goods that results is the material means by which people further, fulfill, and enjoy their lives. The philosophical requirements of capitalism are identical with the philosophical requirements of the recognition and implementation of man’s right to life.
F.A Hayek, an economist, socialist theorist, philosopher, professor, and 1974 Nobel Prize winner in economics, Explains in his book The Fatal Conceit– The Errors of Socialism: While people and institutions in capitalistic economies apply reason to decision-making that affects them directly, to understand our civilization, one must appreciate that the extended order results not from human design or intention but spontaneously: it arose from unintentionally conforming to certain traditional and largely ‘moral’ practices, many of which men tend to dislike, whose significance they usually fail to understand, whose validity they cannot prove, and which have nonetheless fairly rapidly spread using evolutionary selection…This process is perhaps the least appreciated facet of human evolution … The dispute between the market order and socialism would destroy much of present humankind and impoverish much of the rest … we generate and garner greater knowledge and wealth than could ever be obtained or utilized in a centrally-directed economy whose adherents claim to proceed strictly in accord with ‘reason’. Thus socialist aims and programs are factually impossible to achieve or execute; and they also happen … to be logically impossible. Part Two coming soon. Frankie The Earthman. Reference material from Mark Levin: AMERICAN MARXISM, CHAPTER FIVE.
This is one of the best comparisons I have read, concerning Capitalism and Socialism.
Before my next post concerning this matter, I would like to pose some questions. Why in America, do we have the push to move to a Marxist form of government? Why is the Democrat Party hell bent on imposing this Marxism? My thoughts are that the Democrat powers that be right now are climate change fanatics, Globalist and New World Order pawns. With the end game of ushering in the Anti-Christ.
Further, ( Why do the democrats want to destroy the middle class? We need to see that the goal is to have a ruling class versus the working class. As you know this is a main tenet of Socialism. However I would like to say what the democrats may be overlooking is this: [* When people like Hillary Clinton call the middle-class Trump supporters “deplorable”… When Barack Obama says that the Trump-supporting middle class “cling to their guns”… When Joe Biden calls the same middle class “semi-fascist”] ( *Ref: Victor Davis Hanson ), they are playing with fire. I hope that in the midterms the ‘dems’ will certainly get burned. We need pretty much a clean slate in the Congress and Senate and then in the 2024 election for President, or this country is in big trouble, That is if our enemies like Putin, Xi, Iran, and North Korea can be held at bay, and controlled.