Einstein when it came to economics was no Einstein

This was written by Albert Einstein, yes that Albert Einstein, in 1949: Why Socialism?. He begins:

Is it advisable for one who is not an expert on economic and social issues to express views on the subject of socialism? I believe for a number of reasons that it is.

One reason being to discover that however high someone’s IQ, when it comes to economics there is no guarantee they won’t be a complete idiot. You should read it all, but here is the core proposition:

I have now reached the point where I may indicate briefly what to me constitutes the essence of the crisis of our time. It concerns the relationship of the individual to society. The individual has become more conscious than ever of his dependence upon society. But he does not experience this dependence as a positive asset, as an organic tie, as a protective force, but rather as a threat to his natural rights, or even to his economic existence. Moreover, his position in society is such that the egotistical drives of his make-up are constantly being accentuated, while his social drives, which are by nature weaker, progressively deteriorate. All human beings, whatever their position in society, are suffering from this process of deterioration. Unknowingly prisoners of their own egotism, they feel insecure, lonely, and deprived of the naive, simple, and unsophisticated enjoyment of life. Man can find meaning in life, short and perilous as it is, only through devoting himself to society.

The economic anarchy of capitalist society as it exists today is, in my opinion, the real source of the evil. We see before us a huge community of producers the members of which are unceasingly striving to deprive each other of the fruits of their collective labor—not by force, but on the whole in faithful compliance with legally established rules. In this respect, it is important to realize that the means of production—that is to say, the entire productive capacity that is needed for producing consumer goods as well as additional capital goods—may legally be, and for the most part are, the private property of individuals.

The “today” of “as it exists today” was 1949. This was at the height of the Cold War when Stalin’s Russia – The Union of Soviet Socialist Republics – threatened the peace and prosperity of the entire planet, the year of the Communist Revolution in China. And if you read the article through, it states every cliché known to every soapbox revolutionary since the start of time. Even geniuses can be morons.

Socialism kills

Socialism is even more devastating to your life than smoking – fantastically bad for your health and welfare, will ruin your income-earning potential, and cost you your freedom. It might even kill you just as it has done for so many others.

You might think socialism is cool and you might think it’s chic, but if you do, you are historically illiterate and ignorant to a fanastic extent. The evidence of its massive dangers is everywhere; there is no counter story. Socialism brings ruin.

And yet, even with all the evidence everywhere available, people do smoke, in the same way that people line up to become socialists and support political leaders who would lead them into slavery, economic ruin and for many into death if those whom they follow ever end up with their hands on the levers of power. With all the warnings in the world, and all the evidence at every turn, all too many, because they think they are too smart to need such warning, will trundle down these doom-ridden paths.

As with cigarettes, socialism is a habit often commenced in youth, an intellectual disease which poisons the mind, which try as one might, can becomes an addictive belief system impossible to shed until dragged down by the inevitable harm that it creates if by fate one happens to find their own community, the one in which they live, has become yet one more socialist entity. Living in a socialist state is the surest cure for this addiction, but by then it is too late.

With socialism, just as with cigarettes, there is no reason for anyone to be unaware of the harm it brings. We have known its folly since even before the first disastrous socialist experiments were tried, which began just over a century ago. We have seen the ruin of one economy after another, from Russia in 1917 to Venezuela today. Yet there are always some who think they can beat the odds, that they know best, that next time will be different.

Do not be a fool. Do not support anyone or any party who offers you socialism as the answer to any actual existing problem. We know already what will happen. A tiny handful will scramble to the top who will then oppress everyone else – including you. Socialism creates poverty, misery and death. Socialism has never succeeded at any time in any place ever. The next time will be the same as all the other times.

If you call yourself a socialist, you are a fool. There are no exceptions.

A political horror story

From The Oz: Brexit is diverting attention from Jeremy Corbyn’s red flag radicalism. And do not for a second think this might not happen here.

Jeremy Corbyn vowed to reverse Thatcherism at last month’s British Labour conference in Liverpool. Picture: AFP
Jeremy Corbyn vowed to reverse Thatcherism at last month’s British Labour conference in Liverpool. Picture: AFP

If next year Jeremy Corbyn becomes prime minister of Britain, this political figure, hitherto dwelling in the margins of politics, becomes a world historical figure.

Historic figure? After being in politics for 35 years and serving on the frontbench only when he became leader? But how else to view it? Corbyn is proposing the reversal of Thatcherism, the 1980s program of privatisation and union-busting implemented under the Iron Lady’s leadership, and thought by all to be irreversible.

One columnist has branded Corbyn’s program an “unapologetic onslaught on the crumbling neoliberal order”. He should have added, “And not just in Britain.” If Corbyn wins and starts peeling Thatcherism from the statutes, he will provide an irresistible model for other European centre-left parties being devoured by right-wing nationalists.

Given this, it’s surprising the reaction to his speech to the British Labour Party conference on September 26 was so muted. Here he was proposing the renationalisation of water, rail and the Royal Mail; a tax on second homes to fund expansion of public housing; board-level representation of employees; and pulling 65 per cent of workers under 25 on to a guaranteed minimum wage. Most radically, his government would appro­priate 10 per cent of every company’s shareholdings on behalf of employees and the state. Plus grant free childcare.

In 1983, the last time the Left controlled British Labour, MP Gerald Kaufman branded its explicitly socialist manifesto “the longest suicide note in history”. It helped Margaret Thatcher consign Labour to 27.6 per cent of the vote in her 1983 landslide.

Right now, however, the red flag radicalism is escaping attention because the debate over Brexit is sucking the air out of British politics. But there is another factor: a striking shift in opinion. Fear of nationalisation and chaotic economic management were, until Tony Blair, well-tested rallying cries against Labour. No more. Expanding the state is popular. Two-thirds of the electorate wants railways back in public ownership. Only 17 per cent of the electorate think capitalism is working for them. Voters born after Thatcher are Corbyn’s strongest supporters.

“A Sociopathic Philosophy Conceived in Gross Error and Ignorance”

A note to me from the author.

If you want to stop and reverse the resurgence of socialist ideas on campus and elsewhere, here’s an excellent vehicle for doing it:

This thirty-three thousand word essay is now available in Kindle format at Amazon.com for just 99¢. Go here to order it.

Royalty free licenses are available for anyone who wants to assign the essay to a class or distribute it to any special group, such as the members of an organization or its contributors, or to one’s personal list of friends and associates. Write to me at g.reisman@capitalism.net to request such a license along with a copy from which duplicates can be made either for distribution online or in hardcopy format.

You gotta try, but the hill to climb does keep getting steeper and more difficult. Might just mention Scott Johnson discusses just this today: Socialism as a Hate Crime. What is there not to understand about one of the most intense political failures in the history of the human race? But whatever there is, no actual real world experience ever seems to get vast numbers to see the disastrous futures they plan for themselves should they actually achieve their political ends.

The left are like locusts. They cannot help destroying

From Sarah Hoyt, where I have extracted her core argument which really gets to the heart of things as they now are. Her title is: The Left are the Locusts of Culture.

There is a scene in Independence Day where the character mind-melds with the alien, and receives a sudden understanding of the peril the Earth is in.

Quoting from memory, he says something like “They’re like locusts. They move from planet to planet, take everything it has to give and move on.”

For some time now, I’ve thought this applies to the left. Certainly, entire fields of endeavor, entire expanses of human knowledge, science, and interest, seem to collapse in the wake of an infestation by the left….

I don’t know if it’s possible for any field to stand in the face of such an onslaught. Perhaps an unskilled labor field, where it doesn’t matter which pair of hands is doing things, and the requirements are minimal.

Certainly not any field that requires expertise, specialized techniques or even – like mere writing – craftsmanship.

And because they’re everywhere and attacking all at the same time, even in fields of endeavor you’d think would be beneath their notice, we risk a systemic collapse of society….

Yes, sure, many people on our side think that’s what the left wants. They’re not even wrong, insofar as there are some on the left who want it, but the majority? The majority have no idea of the complex interweb of relationships, or the weave of technology, finance and just plain work that allows them their comfortable first world lives. They have no idea what it would mean if it collapsed….

Let’s be frank, the left don’t really mean to destroy anything, any more than the locusts mean to destroy farmers’ crops. They don’t even have an understanding of farmers’ crops or of destroying, just like the left doesn’t understand economics or society enough to know what they’re doing.

In the end, locusts want to survive and to make more locusts… and the left wants the same, which is why no club, no hobby, no field of endeavor will be left alone. They must enforce their way of thinking and their image of the world everywhere until in the ruins of a destroyed world there stand a group of leftists discussing the wonders of Marx and preening for the few survivors.

The analogy is near perfect, but not quite exact. The ones who are left standing could not care less about Marx or ideology but only about the plunder they have gained for themselves through their lies and deceit. Worse still, the problem is much deeper since even those on the right cannot imagine the collapse that will follow from the success of the left. They see the Soviet Union, Cuba, Venezuela and even then think it can’t happen here. But it can if we firstly fail to understand how much is genuinely at risk, and then secondly, fail to treat the problem with the seriousness that it deserves.

The future of their party and who knows who else

Via Steve Hayward.

And yet another take:

1) I am not sorry.
2) It’s not coming down.
3) I will make another one.
4) You don’t have to hate Trump to use humor.
5) I don’t have to warn you when I’m about to tell a joke.

Allie Beth Stuckey

Enlightening & hard-hitting interview with Socialist “it girl” and fellow millennial, Alexandria Ocasio-Cortez [it is a joke]

So let us see what her supporters are like, although the reality is that you cannot parody them since they are such ignorant fodder for a tyranny they have no conception of. It’s only a not very random sample, but there are plenty more like them everywhere.

They are the very definition of drongo. Know-nothings about anything they need to know, whose arrogant stupidity may yet drag us into an abyss out of which even a century from now there will be no coming out of the depths into which our economies might yet descend.