Tag Archives: socialism

Bits and Pieces – 20190207, Thursday – The Standard Model Part II

Commentary

I had a short conversation with a friend recently in which I voiced the opinion that the Harper conservatives in Canada were successful because they moved from the political right to the center. The Liberals were forced to share the left with the NDP, Green party and the Communists. The conservatives had no one right of them so they held the largest territory.

The Liberals appear to be doing it again. Their policies and financial management are increasingly what might have been identified with the left – broadly termed socialism. If their is anyone in the conservative party in Ottawa that is alive from the neck up, this might be the chance they need to regain power. At the least, if they can avoid shooting themselves in the foot as conservatives are prone to do, they may simply fall into a return to power.

But this is based on old school thinking. The problem is I don’t know where the center is today. In fact the Liberals may be right in the middle of it. Millennials and the emerging gen zeros may naturally be centered well to the left by an education system and media that has held that ground for the last fifty years or more. These generations appear to be sufficiently dumbed down and captivate by digital toys and social media that hey are incapable of critical thought and analysis.

Canada cannot survive as a sovereign nation, another four years of increasing socialism, economically, culturally or socially. Bringing a million immigrants into a moribund economy with a government whose spending is out of control will place our standard of living on a path convergent with the third world.

In the US, AOC has emerged as the darling of the Democrats. And they are not opposing her policies which are straight out of Looney Tunes: Green New Deal: “Air Travel Stops Becoming Necessary”. This is socialism moving into communism. As a rule of thumb I like to think that Canada lags the US by about three years. Will the last one to leave the room please turn out the lights.

Bits and Pieces – 20180916, Sunday

Commentary

Your lesson in socialism for today (2:22 minutes) from the economist Milton Friedman:

If, you were engaged by Friedman and want a bit more, watch this one.

Bits and Pieces – 20180423, Monday

Commentary

Jim Quinn has just published WINTER IS COMING (PART THREE), his third essay in a series based on the book The Fourth Turning by Strauss & Howe. It explains how the state of global political unrest is the end state of the current fourth turning.

I continue to make minor changes in the organization of the structure of these posts.

Bits and Pieces – 20180413, Friday

Commentary

Our focus remains on Syria. While Trump has taken a step back, assets are still being assembled: A Second US Tomahawk-Capable Destroyer Enters The Mediterranean. As the article notes the US won’t have the USS Harry Truman carrier strike group in place until April 22, and the military would not want to launch an attack with such high risk without all their pieces on the board. We expect the rhetoric to continue.

The wild card is Trump. How can he back down? The longer he waits, the greater the risk that an independent investigation may be able to be conducted that might exonerate Assad.

Bits and Pieces – 20170102, Monday

Commentary: Martin Armstrong whom I am still assessing has changed his perspective on 2017 to one that is more positive: 2017 is Looking More Optimistic Than Ever. If you read it you might wonder “this is optimism”. His model shows things really come apart in 2018 so enjoy this new year. He touches on 2018 in this post: Everything is Connected – Connecting the Dots, and identifies a key element of the disruption as the failure of socialism in the world (that includes Canada).

Civil Unrest: Civil unrest comes not only from the reemergence of the violent left but of the breakdown of social order on a broad scale. Here’s the latest from the cradle of Democratic municipal government (not Detroit): Chicago Violence Worst In 20 Years: “Not Seen This Level Of Disrespect For Police Ever”.

Trump: Here is a provocative view of the election and of trump’s relationship with the elite: Trump Is Exactly Where The Elites Want Him.

Obama: An assessment of Obama’s record: Obama’s Failed Presidency.

Fake News and Propaganda: More from a reliable source contributing fake news: Washington Post Caught Spreading More Fake News About “Russian Hackers”.

Cyber Warfare: Call it paranoia or call it propaganda by the administration to create trouble for Trump, the following claim was quickly discredited: Russian Hackers Said To “Penetrate US Electricity Grid” Using Outdated Ukrainian Malware. If anyone can reliably comment on the feasance of Russian hacking it would be John McAfee, the founder of the company of that name that provides anti-virus and anti-malware protection software. Whether the primary source lies at Obama’s feet or whether the CIA is operating in the US in its traditional covert role: “Something Stinks” – Like Iraq WMD Fiasco, Russia Story Doesn’t Add Up.

Bits and Pieces: Here is an interesting essay on rthe real hack of the US 2016 election: How George Soros Destroyed the Democratic Party. Here’s an interesting perspective on Turkey from a site that I’m as of today, paying more attention to: Turkey’s “Long Arm” in Europe.

Socialism: One of the Two Great Destructive Forces of the Twenty-first Century

This post is the head of the thread on Socialism. The other great destructive force is Islamism: One of the Two Great Destructive Forces of the Twenty-first Century. Essays on Socialism are found through the links listed by topic below, in reverse chronological order of posting (most recent first) within topic. As a starting point the reader might read the short introductory note: Socialism: A Terminal Disease of Democracy.

Socialism: The Collectivist Aspect

We encountered the idea of collectivism in this article: The Tools Collectivists Use To Gain Power. In it, Brandon Smith of Alt-Market.com, discusses the collectivist position versus the individualist position. The collectivist approach to politics and society forms the core of socialism which is the political expression of collectivist ideology. We won’t say more at this time but wanted to capture this insightful idea.

Table of Contents for This Series

 

Socialism: From the Inside Out

The following interview with a Texas welfare recipient shows the fruit of socialist policy better than any academic study or abstract political theory. Our comments are unnecessary. Watch it. Draw your own conclusions.

(hat tip Zero Hedge)

Table of Contents for This Series

Socialism: Venezuela As Another Failed Latin America Socialist Experiment

We have not tracked the economic and social decline in Venezuela since Hugo Chavez took power in 1999 and began dismantling the democratic state by chang[ing] the Venezuelan constitution, amending the powers of congress and the judicial system (biography). How fragile and impermanent is democracy. The government has previously confiscated a number of natural resource developments including the Las Cristinas gold deposit (21 million ounces) and much of the foreign-owned oil and gas sector.

More recently they have begun feeding on themselves. This week, ZeroHedge reports how the government has  arbitrarily set prices for appliances and electronic goods, supporting the looting of Daka appliance stores (read: Watch Socialist Paradise Central Planning In Action: Venezuela Looting Edition, Venezuela Dispatches Army To Enforce Appliance “Fair Price” Ceiling After Looting Ensues).

When socialist governments arbitrate prices instead of allowing market forces to determine fair prices, businesses fail. Daka can’t survive. So citizens got cheap or free TVs today but tomorrow they’ll have to go online for them since the stores will have been driven out of business. Does Amazon ship to Venezuela?

With this incident we begin coverage of the descent of Venezuela into social chaos and revolution sparked by the destruction of the economy by socialist policies.

The Timeline of Events

When we started this essay yesterday we had not decided if we wished to track further events. Today Zero Hedge presented us with another one so we will chronicle the actions of the government leading up to the revolution, starting with the Daka incident above. The list follows:

Socialism: The Socialist Paradigm in a Simple Allegory

From Armstrong Economics (h/t ZeroHedge) we present this lovely example that distills the socialist paradigm. Whether it is a true story or an allegory makes no difference. Here it is:

An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, “OK, we will have an experiment in this class on Obama’s plan”.. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A…. (substituting grades for dollars – something closer to home and more readily understood by all).

After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy. When the 3rd test rolled around, the average was an F.

As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.

To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed. Could not be any simpler than that.

Here are the 5 key points distilled from the story by Martin Armstrong:

1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

2. What one person receives without working for, another person must work for without receiving.

3. The government cannot give to anybody anything that the government does not first take from somebody else.

4. You cannot multiply wealth by dividing it!

5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.

Table of Contents for This Series

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