Posted on 05/01/2008 7:52:16 AM PDT by Ron Jeremy
He Made Free Markets Invaluable BY PAUL WHITFIELD INVESTOR'S BUSINESS DAILY Posted 4/30/2008 When the Nazis stormed the apartment in Vienna, he was gone. The man they were looking for was Ludwig von Mises, an economist whose writings enraged them. Fortunately for von Mises, he was out of Austria in March 1938. The Nazis had to settle for grabbing 38 cases of his books and papers.
(Excerpt) Read more at investors.com ...
"Lu's writings were hated by socialists of every type: Nazis, communists, fascists and, as I later found, American socialists as well," his wife, Margit, wrote in "My Years With Ludwig von Mises."
* American Socialists are defined today as "Liberal Democrats"
Here is something I posted just the other day from the website. Gee I wonder if he read my psot?
“It was common in those days, as it is in ours, to identify the Communists as leftist and the Nazis as rightists, as if they stood on opposite ends of the ideological spectrum. But Mises knew differently. They both sported the same ideological pedigree of socialism. “The German and Russian systems of socialism have in common the fact that the government has full control of the means of production. It decides what shall be produced and how. It allots to each individual a share of consumer’s goods for his consumption.”
The difference between the systems, wrote Mises, is that the German pattern “maintains private ownership of the means of production and keeps the appearance of ordinary prices, wages, and markets.” But in fact the government directs production decisions, curbs entrepreneurship and the labor market, and determines wages and interest rates by central authority. “Market exchange,” says Mises, “is only a sham.”
Link to thread:
http://www.freerepublic.com/focus/f-news/2008365/posts
“If one thinks of socialism in its entire spectrum, American Liberals are Fascists rather than Communist.”
That is only part true.
Some want the government to take over and there be no private property, while some are for National Socialism, where they make it appear there are private property rights, much like today.
“If one thinks of socialism in its entire spectrum, American Liberals are Fascists rather than Communist.”
That is only part true.
Some want the government to take over and there be no private property, while some are for National Socialism, where they make it appear there are private property rights, much like today.
“If one thinks of socialism in its entire spectrum, American Liberals are Fascists rather than Communist.”
That is only part true.
Some want the government to take over and there be no private property, while some are for National Socialism, where they make it appear there are private property rights, much like today.
Von Mises had plenty of enemies. His work dismissed Nazi ideas as nonsense, described socialism as incapable of rational calculation and faulted the dominant German historical school as fostering little more than clerks of the state.How refreshing to see Nazism and Fascism appropriately identified with the socialist left where they belong."Lu's writings were hated by socialists of every type: Nazis, communists, fascists and, as I later found, American socialists as well," his wife, Margit, wrote in "My Years With Ludwig von Mises."
You are right, after I posted that comment I forgot about Nationalized Healthcare..
Also Nationalists gain control of business thru regulations, taxes, windfall profit taxes, laws.
Examples are gas mileage standards, light bulbs, toilets ( how much water is used to flush), speed limits to control useage.
Von Mises anticipated Hillary Care.
>>>If one thinks of socialism in its entire spectrum, American Liberals are Fascists rather than Communist.
Great point.
If one thinks of socialism in its entire spectrum, American NEOCONS could also be considered Fascists.
Neocons want large government involvement in nearly all aspects of its citizens lives — economic as well as social. Their big benefit is that they want less involvement than Communists. Nonetheless, Bush’s spending has to set new standards for (passionate?) conservatism. The increase in Orwellian governmental involvement under Bush is light years beyond what voters would have expected.
Economic Freedom is the standard we should shoot for in order to improve our economy. We don’t need a gold backed currency as Mises and Austrians suggest. We need a money supply that grows no more than our productivity or growth. We can get that by making the Fed a minor clerical activity in the backroom somewhere. No tinkering, just squirting out the money supply when the statistics say so.
But today, in a world where our foreign creditors are well aware of American credit induced bubbles, we also need more economic incentives to invest in the U.S. and reasons to start up more businesses. This can be achieved through less governmental intervention. The only way to get that is through less taxes and regulation on companies and corporations. One big help in that regard is to cut governmental spending so we can drop the taxes (All the presidential candidates are screaming about handing out money).
The housing bubble is largely the result of government interference (pressuring by the feds to grant loans to low-income families, and Easy Al’s expansionary money supply). The banks and private mortgage companies delivered a product demanded by the government.
The chances of tax cutting or any major reforms whatsoever, are so very low that we can expect the days of our 4 - 6 percent growth in the economy are over, at least until we get a Volcker-like reformer in the office of the President. We need a candidate that is 60 percent Ron Paul (economic and political) and 35 percent McCain (defense).
Ain’t going to happen until our economy tanks and leftist ideas are shown (again) not to work.
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