Barbarians at the Gate

Despite an unparalleled level of widespread affluence in the west and the highest standards of living in human history (even for the ‘poor’), socialism in America is increasingly popular and not just among millennials and liberals…even some self-described Christians are calling for increased government intervention in the form of wage and price regulation, higher taxes and outright seizure and redistribution of private property. Why? Because their greatest devotion is to the ideology of Karl Marx:

“As Bukovsky put it in a very recent interview with Epoch Times, “The Western elite is socialist. They were never serious about fighting Soviet power.” That is why Communism has made such a comeback in recent years, even in the United States, which rests on a foundation of capitalist success. Our current generation of emerging leaders speak openly and enthusiastically about Communism and socialism: “The absence of leadership is frightening. Our so-called elites became rotten. In the past, in history, the elites would be periodically wiped out in revolutions. In our time, it does not happen. We are too civilized.”

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The Economic Errors of the Pope (and other Statists)

Catholic statists (including the Pope), like to lecture about “just” wages while they all but ignore issues that are a) real, b) causing great harm to families and c) can be fixed without violating Catholic doctrines on subsidiarity and private property rights. Mention this uncomfortable truth and you’ll be cursed, libeled and then blocked (as I was by Comrade Shea over the weekend).

If you are a Catholic (or even just a person of goodwill) and you are interested in practical ways to fix economic inequalities, why not start with the single largest real threat to wages and private property?

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Socialism Has a Perfect Failure Rate; Why Do Intellectuals Love It So?

In 1970, S. Korea and Venezuela had a similar GDP. Venezuela had a huge advantage: the largest oil reserves in the world. But while S. Korea embraced capitalism, Venezuela embraced socialism. Korea is an economic miracle and Venezuelans are literally starving to death.… Read the rest