Socialists have always tried to hide the true nature of socialism, presenting it as a mechanism to advance freedom when, in fact, it destroys liberty. Socialism needs to be unmasked.
Category:
Politics
Contrary to many historical narratives, pre-colonial African countries did have sophisticated diplomatic traditions. The Igbo people of what is now southeastern Nigeria are well-known for their highly-developed system.
The philosopher Karl Popper was a strong critic of Marx, his system, and especially his reliance on historicism. Unfortunately, as David Gordon points out, Popper supported economic interventionism as a viable “third way” for social organization.
President Trump has suggested that the government eliminate the personal income tax and replace it with tariffs. While some may champion that proposal, the truth is that it is much easier to add a new tax than it is to eliminate it.
According to an outmoded US law, the American government must account for the more than 8,100 tons of gold it owns at the now completely irrelevant price of $42.22 per ounce.
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The state was born claiming to protect people, but in reality, it became the best-organized aggressor against the persons and property of the public.
Although tariffs and other issues are getting the most news coverage, a harbinger of recession is looming: the slow collapse of commercial real estate values. This is the result of reckless policies at the Federal Reserve and the Fed cannot fix it.
Our current paper fiat money system comes from a long process of building up state power that destroyed private money, ended truly private banking, and abolished the market system of competing currencies. It took 300 years, and we are now facing the inflationary results.
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