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Showing posts with the label Karl Marx

New England’s Cynical Socialist Conventicle

Those on the right like to joke that New England is slipping into a socialist nirvana, but recently US. Senator Elizabeth Warren, the Leon Trotsky of the movement to make New England Venezuela, has added serious notes to the charge. Kevin Williamson has exploded the Warren menace in a thoughtful piece in National Review titled “ Elizabeth Warren’s Batty Plan to Nationalize . . . Everything .” “Warren’s proposal,” Williamson writes, is dishonestly called the ‘Accountable Capitalism Act.’ … Under Senator Warren’s proposal, no business with more than $1 billion in revenue would be permitted to legally operate without permission from the federal government. The federal government would then dictate to these businesses the composition of their boards, the details of internal corporate governance, compensation practices, personnel policies, and much more. Naturally, their political activities would be restricted, too. Senator Warren’s proposal entails the wholesale expropriation of...

Connecticut GOP, Waiting For Godot

A historical repetition, Danish philosopher Soren Kierkegaard reminds us, is not possible, because it is not possible to recreate historically the precise conditions that occasioned the event we wish to replicate. Karl Marx, a poor economist but a passable social critic, put it this way: “History repeats itself; the first time as tragedy, and the second time as farce.”   The shadow of a not too amusing farce hovers over a recent report in a Hartford paper . The central premise of the report is this: Charlie Barker of Massachusetts is a successful Republican Governor, his approval rating an astonishing 71 percent. Baker is the usual New England moderate Republican, one who is conservative on fiscal issues but liberal on social issues. If only Connecticut were able to field a Charlie Baker-like gubernatorial candidate in the upcoming 2018 race, the GOP might be able to sweep the boards and restore to the gubernatorial office – held for two terms by Dannel Malloy, a p...

The State Of The Obama-Malloy Union

At the cusp of the New Year, lame duck President Barack Obama delivered his State of the Union Address. The real state of the union is in disarray, and here in Connecticut many nutmeggers are living lives of quiet desperation: “Dark Clouds, Sunny Speech” ran a page one, top of the fold headline in a Hartford paper. Dark clouds indeed! The national economy continues to under-perform, and some economic tea leaf readers see yet another recessionary bump in the road. Mr. Obama has added $8 trillion to the union’s already unsupportable national debt, quickly approaching $19 trillion.  After two terms of visionary hope and change, the U.S. Congress has fallen to Republicans. Reports of al-Qaida’s demise, loudly trumpeted by Mr. Obama during his second presidential campaign, have been greatly exaggerated. Mr. Obama has turned over to Russian President Vladimir Putin, the butcher of Ukraine, the U.S.’s Middle East portfolio. Libya – the Democrats' Iraq – is under siege by ISIS...

Connecticut’s Progressive Solutions: Failure Loves Company

Governor Dannel Malloy’s economic policy does not work. But he is in good company. The nonprofit health-insurance companies set up to help people enroll in Obamacare are now failing. Mr. Malloy’s progressive economic policy may be summed up this way: State government serves as a transformer, collecting money from the real economy and disbursing it according to need, from those who have to those who have not. Karl Marx laid down the law of a socialist economy more than a hundred and fifty years ago: “From each according to his abilities, to each according to his needs.” In enlightened countries, the job is done without destroying either capital or capitalists. “The last capitalist we hang shall be the one who sold us the rope,” Marx said. Progressive ambitions in the United States have been more modest. They proceed from Matthew (19:20-24) rather than Marx, and their adherents in the United States so far have been content to await a final felicity at the final judgment:

On The Real Health Care Front: Bye Bye Tenet

At some point in the regulatory process, the business being regulated decides that the regulator – federal, state or municipal – exerts such control over the business or property that “ownership” reverts from the nominal owner to the regulator. At this point, the business begins to look for the exit sign. Karl Marx and his students, among them “A” student V. I. Lenin, may have thought it was necessary for the proletariat to wrest ownership from capitalists so that their ill-conceived profits might revert to the proletariat. That is the central doctrine of The Communist Manifesto, with its stirring opening: “Workers of the world unite; you have nothing to lose but your chains, and a world to win.” Mr. Marx may have been a poor economist, but he was a superb ideological terrorist. It turns out the Marxists were wrong: It is not necessary for the proletariat  -- in reality, the fascist state -- to seize the means of production so they might “own” property and businesses o...