Liberty Forged

the State has no money of its own, so it has no power of its own. ` Nock

Improving society with capital not statism

Posted by Jesse on December 30, 2008

From mises.org:

Middle-of-the-Road Policy Leads to Socialism

This audio essay was read by Gennady Stolyarov II. This address was delivered before the University Club of New York, April 18, 1950. [29:29]

What we need is neither anti socialism nor anti communism, but an open positive endorsement of that system to which we owe all the wealth that distinguishes our age from the comparatively straitened conditions of ages gone by.”

Ron Paul shows his understanding of the “Third Way” [mp3]:

The cliché “Third Way” has been used to define the so-called compromise between the conventional wisdom of the conservative and liberal firebrands. This nice-sounding compromise refers to the noisy rhetoric we hear not only in the US Congress but also in Britain, Germany, and other nations as well. The question, though, remains: Is there really anything new being offered? The demand for bipartisanship is nothing more than a continuation of the Third Way movement of the last several decades.

The effort always is to soften the image of the authoritarians who see a need to run the economy and regulate people’s lives, while pretending not to give up any of the advantages of the free market or the supposed benefits that come from a compassionate-welfare or socialist government. It’s nothing more than political have-your-cake-and-eat-it-too deception.

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