Thursday The concept of a middle class is very new. It emerged in England during the Industrial Revolution. From there it spread throughout the UK and then outward to what became known as the Western world. Since time immemorial, there had been the few who were strong (rich) and the many who were weak (poor). The strong took from the weak and that was … [Read more...]
The Law of the Jungle
Monday The concept of a middle class is very new. It emerged in England during the Industrial Revolution. From there it spread throughout the UK and then outward to what became known as the Western world. Since time immemorial, there had been the few who were strong (rich) and the many who were weak (poor). The strong took from the weak and that was just … [Read more...]
Socialism – The Final Shudder of a Degenerative Process
Wednesday 1 Free people create wealth (capitalism). 2 Governments begin to tax and regulate 3 Taxes and regulations degrade freedom and begin to strangle the economy. 4 Legislative distortions divide society into winners and losers. 5 The economy begins to fail. 6 In the effort to keep the show on the road, central banks … [Read more...]
How to Identify a Capitalist Economy
Friday There are three options with regard to a nation’s economy: 1 Capitalism, which leads to capital creation, 2 socialism, which leads to capital destruction, and 3 the ‘Third Way’, which impairs capital creation but, in moderation, does not put the process in reverse and destroy capital. Today, option 3, the Third Way, is the preferred model … [Read more...]
Playing at Grown-Ups
Thursday The millionaire football kneelers in the US are fighting for a cause, seemingly oblivious to the fact that the battle was won decades ago. “What they missed is a simple truth that is both obvious and unutterable: The oppression of black people is over with. This is politically incorrect news, but it is true nonetheless. We blacks are, today, a free people.” … [Read more...]