“He certainly employed the instruments of statism in a way that Marxists or revolutionaries would approve. Stick with that labor theory of value...it should work our just as well as it did in the 19th and 20th centuries.”
usapatriot2012 on Nov 30, 2013 at 21:06:13
“8 years of republican led to GREat Depression.8 years of Republican led to Great REcession.
“Some of us are fighting for a health care *market*, not a system. Systems are the product of human design and therefore presuppose an understanding of the independent variables that make the system work; mechanistic systems can be understood this way, but social system cannot. Nevertheless, a market has an internal logic that determines its order, that logic is based on the fundamental limitations of human volition and goal-directed behavior. When progressives finally come to grips with the futility of their scientistic world view, they will grasp the damage that they have done to humanity. Until then...planned chaos.”
“"But what causes the public to turn to big government -- is it the desire to dodge future threats, or the reaction to threats which we didn't avoid? Small government advocates don't seem to have asked that question very often or very deeply. "
No, you just haven't taken the time to familiarize yourself with the literature. The problems are dealt with in considerable detail by classical liberals, conservatives and libertarians. And the Public Choice school goes even farther by demostrating how the question you ask is incomplete since it doesn't account for the interests of those who trade in the promises of the Utopian visions you seem so anxious to rationalize.”
“I'm sorry, did you say as the economy improve inflation typically follows? Not in a free market it doesn't. Prices, in general, decline because marginal productivity rises relative to a stable money supply. Now, when you give the government the ability to print money and prevent other competing currencies, now you have true inflation which can happen at any time because it is subject to the whim of those with power rather than to the natural order of the market.”