Beware of the political entrepreneur
Wednesday, March 21, 2012 at 10:33AM http://mises.org/daily/5963/The-Vampire-Economy-and-the-Market
Fascism is often misunderstood, basically because of the association with Hitler and Germany during WWII, but fascism has a meaning -- basically, it's, as is written in the above article, socialism under the guise of capitalism. The article linked above from Mises does a good job of explaining how this form of statism is unviable -- although we call our system a mixed economy, we should be very concerned that we aren't headed for complete authoritarian capitalism.
M. Farmer | Comments Off |
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