by Roy A. Childs (1949-1992)
Excerpt: In fact and in history, the entire thesis of all three schools is botched, from beginning to end. The interpretations of the Marxists, the liberals and the conservatives are a tissue of lies.
As Gabriel Kolko demonstrates in his masterly The Triumph of Conservatism and in Railroads and Regulation, the dominant trend in the last three decades of the nineteenth century and the first two of the twentieth was not towards increasing centralization, but rather, despite the growing number of mergers and the growth in the overall size of many corporations,
toward growing competition. Competition was unacceptable to many key business and financial leaders, and the merger movement was to a large extent a reflection of voluntary, unsuccessful business efforts to bring irresistible trends under control. …As new competitors sprang up, and as economic power was diffused throughout an expanding nation, it became apparent to many important businessmen that only the national government could [control and stabilize] the economy. …Ironically, contrary to the consensus of historians, it was not the existence of monopoly which caused the federal government to intervene in the economy, but the lack of it. Read on»
ARTICLE | OLD-THINKER NEWS
by Daniel Taylor
The refinement of tyranny and control into a science is the dream to which the 21st century scientific dictator aspires. The study of human nature, psychology and biology aid him in his pursuit. What you will read here is a small window into the dark mind of a scientific dictator. In combination with increasingly centralized power and rapidly advancing technology, the ability of smaller and smaller groups to exercise power and effect greater numbers of people is a real danger. C.S. Lewis wrote in 1944, “The real picture is that of one dominant age… which resists all previous ages most successfully… Man’s conquest of nature, if the dreams of some scientific planners are realized, means the rule of a few hundreds of men over billions upon billions of men.” Read on »
FROM GLOBAL RESEARCH
The Role of the Corporate Elites’ Secretive Global Think Tanks
by Andrew Gavin Marshall
Excerpt: We now stand at the edge of the global financial abyss of a ‘Great Global Debt Depression,’ where nations, mired in extreme debt, are beginning to implement ‘fiscal austerity’ measures to reduce their deficits, which will ultimately result in systematic global social genocide, as the middle classes vanish and the social foundations upon which our nations rest are swept away. How did we get here? Who brought us here? Where is this road leading? These are questions I will briefly attempt to answer. Read on »
OPINION | FROM THE WALL STREET JOURNAL
by Peter Berkowitz
Our universities haven’t taught much political history for decades. No wonder so many progressives have disdain for the principles that animated the Federalist debates.
Excerpt: They (universities) certainly do not teach about the virtues, or qualities of mind and character, that enable citizens to shoulder their political responsibilities and prosper amidst the opportunities and uncertainties that freedom brings. Nor do they teach the beliefs, practices and associations that foster such virtues and those that endanger them. Read on ».
by Jacob G. Hornberger
For decades, libertarians have been warning Americans of the coming crack-up of the welfare-warfare state. Of course, we couldn’t predict when the crack-up would finally occur. All we could do is to say that the road to statism, both welfare and warfare, was a road to national bankruptcy.
Keep in mind that the welfare-warfare state depends on a vibrant private sector. Why is this so? Because the welfare-warfare sector is fundamentally a parasitic sector. That is, unlike the private sector, the public sector produces no wealth. The public sector attaches onto the private, productive sector and sucks lifeblood out of it in order to survive.
Thus, a government that is committed to providing welfare and warfare must ensure that the private sector remains vibrant and productive. The parasite instinctively knows that if the host dies, there is no more lifeblood that the parasite can suck. Read on »
To Hegel, bureaucrats were the “universal class” whose interests were identical to those of the state. This was questioned by Marx, who expected that bureaucrats simply pursued their own interest, regardless of that of the state, or of anyone else. Now this is a large part of modern economics, Public Choice Theory, which is discussed here with Rent Seeking. I was in a candidate forum, running for California State Assembly, in the mid-90’s, when one of the participants asserted that things done by government are always done more efficiently than when done by private business. There were so many ways in which this assertion was preposterous, but I did want to be able to give one essential reason why it was impossible. This first rule of bureaucracy provides us with that reason. Read on »