Tuesday History brings up stories of Genghis Khan and other brutes from our dark past, but none come close to matching the evil of the present day Chinese Communist Party. With socialism, there are no individuals, just people who exist in order to serve The State. They are called, and thought of, as ‘the masses’. The masses are disposable. This is the … [Read more...]
China’s Great Leap Forward 2.1
Wednesday See 2.0 China is beginning to crack down on tax avoidance with some high-profile, well publicised, targets. This is designed to bring the masses into compliance with the tax code. If it works, it is the beginning of the end. There will be an immediate boost to government revenue, followed by a sharp decline next year. It is the wrong time (is there a right … [Read more...]
China’s Great Leap Forward 2.0
Friday Socialism is the dominant ideology of our times. Even in the US, the home of freedom, looney-Bernie Sanders got a fair swag of votes. The problem, and it’s a big one, is that over the whole span of recorded history, socialism has never worked. Socialism relies on pre-existing accumulations of capital to finance its schemes. Once that is depleted, then the … [Read more...]