Welfare State

The Entitlement State and America’s Fiscal Crisis: Capitalism vs Socialism

The Entitlement State and America’s Fiscal Crisis: Capitalism vs Socialism

The enemies of capitalism indicted the society of liberty; they distorted the reality of capitalism and its brilliant triumphs in freeing man from poverty; and they imbedded in the minds of many the conception of political entitlements that serve the power ends of political paternalists and which requires the plundering of the peaceful and productive members of society.

Welfare State Fascism: Obama’s “Middle Way” Between Capitalism and Socialism

Welfare State Fascism: Obama’s “Middle Way” Between Capitalism and Socialism

The danger from the seemingly reasonable pragmatism that President Obama proposes as the norm and ideal for a middle or “third way” between capitalism and socialism is that is constantly moves society away from the competitive market economy and individual liberty and more and more in the direction of greater and more government planning and control over facets and corners of our lives.

America’s National Debt Bomb Caused by the Welfare State

America’s National Debt Bomb Caused by the Welfare State

The Federal debt has now crossed the $19 trillion mark. When George W. Bush entered the White House in 2001, Uncle Sam’s debt stood at $5 trillion. When President Bush left office in January of 2009, it had increased to $10 trillion. Now into seven years of Barack Obama’s presidency, the Federal debt has almost doubled again.

The Benevolence of Capitalism vs The Paternalism of the Welfare State

The Benevolence of Capitalism vs The Paternalism of the Welfare State

Before the arrival of modern welfare state, voluntary, private-sector institutions had evolved to serve as the market providers for many of those “social services” now viewed as the near-exclusive prerogative of the government. Unfortunately, after nearly a century of increasing political and cultural collectivism, the historical memory of the pre-welfare state era has all but been lost.

The Service Economy

Something clicked for me as I stared out my hotel window at a train station and seeing other public mass transportation moving on the street.

Open Letter to Alexis Tsipras

Open Letter to Alexis Tsipras

Greece has no future, so long as it clings to the euro. The dollar won’t servce you much better. A drachma will only harm the Greek people. That leaves one other option.

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