Tag Archives: socialism

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for Trump, the following claim was quickly discredited: Russian Hackers Said To “Penetrate US Electricity Grid” Using Outdated Ukrainian Malware.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

Socialism in Canada: O Sacred Cow Sore Wounded

The sacred cow of the modern progressive movement in Canada is the Canadian Broadcasting Corporation (CBC), the bloated behemoth that in inverse fashion, milks the Canadian public for a billion or so dollars a year in a totally unaccountable and opaque manner. It is viewed by the progressive movement as their media extension, being the broadcaster most closely aligned with their doctrinal positions.

In contrast, the Conservative government under Prime Minister Stephen Harper is viewed with a visceral hatred by the progressives. It is therefore no surprise when the government proposes legislation that goes anywhere near the CBC that a firestorm of protest breaks out on the left. The most recent case is that of Bill C-60 and an online petition by the so-called Friends of Canadian Broadcasting.

The petition came to our attention from two different e-mails (emphasis in quoted material in this essay is ours unless otherwise noted):

  1. Please read this and sign it. This affects our DEMOCRACY!
    Stephen Harper wants to silence and control our public broadcaster by sneaking new powers into a monster Budget Omnibus Bill. Please sign the petition: http://bit.ly/10YEGi9 Thanks!
    And the author in a followup email elaborated A democracy requires a free and open media, and, as history has shown, a government that seeks to control the media is a Fascist government.
  2. The second had the subject line You can help Free CBC of political interference and an embedded text asking for donations and sporting an image charging deception on the government’s part.

First we briefly examine the partisan progressive or left-wing bias of the FCB. Then we review Bill C-60 in terms of its purpose and extent. Finally we address the bovine hysteria driving the petition.

Socialism: On Obama’s Watch …

Michael Snyder of The Economic Collapse blog, posting in Zero Hedge today,The 21 Key Statistics About The Explosive Growth Of Poverty In America, compiled the following list of statistics that provide a glimpse into the Greater Depression currently consuming the middle and lower classes in the US. Here is the current state of the Union under one of America’s greatest socialist presidents.

Socialism: France and Its Race to the Bottom

We have viewed the percentage of GDP contributed by government spending as a measure of the government adoption of socialist economic principles – entitlement programs. France’s global ranking in 2011, according to Wikipedia, was eighth (highest) at 52.8, superseded only by a number of small island nations including Iceland. Another estimate from eurostat which we consider more reliable and shown in Figure 1, places France as second highest in the EU at 55.9, ahead of Iceland at 47.3 and just behind Denmark at 57.9.

Figure 1. Government spending as a percent of GDP for EU nations and other non-EU European countries.

While a high percentage of GDP does not equate to crisis conditions (the Scandinavian countries have high percentages but no crisis yet) France is rapidly entering crisis territory. Below is a chronology of events created by the current socialist government that are pushing France to the brink of failure.

 Chronology of the Death March

  • 20141212 We have lately ignored France’s plight since it far from unique and not as advanced as the disintegration of other Socialist paradises such as Argentina and Venezuela, but to assure you it continues, read Fitch Downgrades France To AA: Full Text.

Socialism: Richard Maybury’s View

Richard Maybury is an American writer and analyst of world affairs. We came across this 2009 essay on socialism which we reproduce in full since we couldn’t find any links to a source. For more information, and to subscribe to his monthly newsletter, go to his website. In the essay below, we have emphasized certain text in red that we comment on at the end.
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