Tuesday, April 9, 2019

Millennial Socialism

From The Economist:
AFTER THE collapse of the Soviet Union in 1991, the 20th century’s ideological contest seemed over. Capitalism had won and socialism became a byword for economic failure and political oppression. It limped on in fringe meetings, failing states and the turgid liturgy of the Chinese Communist Party. Today, 30 years on, socialism is back in fashion. In America Alexandria Ocasio-Cortez, a newly elected congresswoman who calls herself a democratic socialist, has become a sensation even as the growing field of Democratic presidential candidates for 2020 veers left. In Britain Jeremy Corbyn, the hardline leader of the Labour Party, could yet win the keys to 10 Downing Street.Socialism is storming back because it has formed an incisive critique of what has gone wrong in Western societies. Whereas politicians on the right have all too often given up the battle of ideas and retreated towards chauvinism and nostalgia, the left has focused on inequality, the environment, and how to vest power in citizens rather than elites (see article). Yet, although the reborn left gets some things right, its pessimism about the modern world goes too far. Its policies suffer from naivety about budgets, bureaucracies and businesses. (Read more.)

From The American Thinker:
Today, socialists seem confident enough in their reach to come out from the cover of darkness to proudly proclaim the virtuousness of their ideology. Bernie Sanders, Alexandria Ocasio-Cortez, Kamala Harris, Cory Booker, Elizabeth Warren, and a whole host of other far-left loons are touting the virtues of "free stuff" to the mass of ill informed rubes.

The benefit (for us) of them moving into the light is that it begins to expose the endgame. Socialism is a great system, for a few. The socialist sales pitch is that everyone will be granted a myriad of free things, provided for by his benevolent government masters. Free health care, free education, free housing, free transportation, and a universal basic income. (Read more.)

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