The War Against Capitalism
Friday, February 4, 2011 at 11:24PM Capitalism. The only 'system' that has ever worked as far as freedom and prosperity are concerned. All the other options including fascism, socialism, communism and the like usually end up in famines, millions of deaths and massive oppression.
Yet, no matter how much proof there is that capitalism works and the others don't, there is a never-ending, ceaseless drive to get rid of capitalism.
The latest came from Ban Ki-moon, the UN Secretary General. "UN Sec Gen Calls for ‘Revolution’: World Economic System Is ‘Global Suicide Pact’".
Ban Ki-moon, who has NEVER held a real job and has been a "career diplomat" since, as Wikipedia says, "he entered diplomatic service the year he graduated from university, accepting his first post in New Delhi, India. In the foreign ministry he established a reputation for modesty and competence."
A reputation for competence? Is that one of the best things you can say about his achievements? I suppose its better than being incompetent but really, I couldn't imagine picking a more mundane thing to have a reputation for!
He also has a reputation for modesty. OK. But didn't he just call for a global revolution based on a bunch of already disproven theories (global warming)? That doesn't sound very modest.
But here is Ban Ki-moon suggesting that we need a "revolution" to make the "global economy sustainable".
What is the revolution? According to himself and other participants, including Bill Gates who has made it his mission to reduce the world's population level by 90% through "family planning", "vaccinations" and "health projects", we need to tax carbon emissions.
But, hasn't anyone informed Ban Ki-Moon and Bill Gates that Global Warming was debunked years ago? And that's why they had to change it to Climate Change?
The best and only chance we have at prosperity and to ensure any chance at a pleasant future is by allowing the free markets to operate. Yet, people like Ban Ki-moon, who has never even worked in the private sector, believes we need to have massive government intervention to "ensure sustainable growth."
In the minds of millions, maybe even billions, free markets are dangerous and need to be regulated. They are, of course, deluged with never-ending propaganda about the dangers of free markets.
The movies are full of evil corporations. The most recent was Avatar where an evil mining company was strip mining an entire civilization to get at its unobtanium.
And Resident Evil, with its evil Umbrella Corporation. Funny thing, it seems more like a state. There are no other corporations, and there is no market in the movie because everyone is dead. Bad, bad corporation!
Worse, many people blame all the problems in the United State as being problems caused by capitalism. They say, look, the financial system nearly imploded! That is proof that capitalism doesn't work.
Nothing could be further from the truth. The financial system in the US, with the anti-free market Federal Reserve having a non-free market, government ruled monopoly on money and credit with all the Government agencies including the SEC regulating every facet of the financial system is pretty much the opposite of capitalism. In fact, it is one of the 10 planks of Communism that to have a functioning Communist system you need to have "Centralization of credit in the hands of the State, by means of a national bank with state capital and an exclusive monopoly."
Interestingly, the term “capitalism” was coined by Karl Marx to obscure the voluntary nature of the free market system by making it out to be an exploitive system run by capitalists who unnecessarily steal what is rightfully owed to labor. Capital improves the lot of labor in reality by empowering it to produce more with these machines, provided by capital, each worker can produce more goods. This is how the free market system raises living standards over time. Capitalistic societies organize themselves around the principle of the division of labor through symbiotic voluntary relationships driven by self interests.
But, who has it in their interest to promote capitalism? Big corporations don't because having government regulations creates boundaries to entry that protects them from competition - plus most of the big corporations have the government in their pocket. And, obviously, the government has no interest in allowing free markets as that would remove the need for government. So, who is left? Just us... the people.
That's why it is important to pass along videos like the one below and try to open people's eyes:
Reader Comments (4)
Anarcho Capitalism is a bit too much. Our Framers of the Constitution formed a limited government and were not as corrupt as today's politicians. Term limits and the end of the Federal Reserve would be big steps in tjhe right direction. And a populace who could give up American Idol and Dancing with the Stars might have time to become informed and politically active. Ah, that's asking for too much, never mind- let's continue our march to enslavement!
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