"What they won’t tell you is that price controls also means is telling you what you can or cannot eat, how you use energy – whether you’ll be permitted to travel, or make any other kind of economic decision or make any kind of value exchange that you used to take for granted.

In a world of price controls, that’s over.

Throughout history, price controls have always brought about serfdom and tyranny because that is the only way to override individual incentives. In today’s highly wired world that would mean total technocratic feudalism."


The ultimate goal isn't feudalism. It's much more primitive than that.
What they're after is an unimaginable reduction of the earth's population, with just enough people kept alive as slaves to the elites.
And for all their talk about "greedy corporations", most of people who run them are in on it. They're Horace Bussby Mowen types; there are no Dagny Taggart, Hank Rearden or Francisco d'Anconia types in the world anymore.

People bleat on about Watergate, but this is what I'll never forgive Nixon for.
That, and normalizing relations with China. Wonder how rich he got off that deal.

Yes, isn't it amazing how the useful idiots stab themselves in the back so consistently ("queers for Palestine" as a rather striking example)?

As well as the people who consider themselves "little" people or economically downtrodden. They just want to stick it to "the man" so strongly they don't realize they actually will be "sticking it" to themselves.

With the advent of computers that can be programmed to track everything individuals do and alert the overseers of any infractions self determination is gone.
The acceptance of this by the masses, even those that complain, means total enslavement. A few outliers who think and act on their own can easily be detected and dealt with, their example keeping the rest in line.
It doesn't matter who wins the election the result will be the same.

It infuriates me when commenting about Harris' policy speech, speakers are quick to say "she didn't actually say price controls." I'm no economist, but when someone talks about "capping" prices, that means control. When someone talks about stopping "price gouging" that means control. The inanity of wordsmithing and cherry-picking phrases to support lies drives me nuts!

Well... methinks they might solve the Obesity Problem... Accidentally, mind you!

Why is it the case that the lame-brained, dunderheads have become leaders for the last 40 centuries?

Is their ignorance of economics and history an asset?

How do they convince their victims into becoming ardent followers?

What do they know about us that we don't know about ourselves?

Based on economic illiteracy, Kamala should be a shoo-in to be elected president this November.

Another thought to add is to enforce price controls in every city, town, village, or crossroads convenience store a massive increase of unelected self serving bureaucracy (presumably armed and well accoutered with offices and cars and stuff) will need to be spawned and financed by the tax payer and even more printed money. The commie busy body control freaks love this stuff!!!!

I see that Lebanon just lost electric power because they no longer had fuel to run the power generation plant.
That is what the Deep State wants for anyone who doesn't "follow orders."

👍
Also see Eric Peters' latest observations Fencing Hogs:
https://www.galtsgulchonline.com/post...

I have warned about Technocracy for many years now. It’s a topic that has been basically ignored on this Forum. Ayn said it “you can ignore reality but you can’t ignore the consequences of reality.”

“We are developing, through technology, an ability for consumers to measure their own carbon footprint. What does that mean? That’s where are they travelling, how are they traveling? What are they eating? What are they consuming on the platform? So, individual – carbon – footprint – tracker. Stay tuned, we don’t have it operational yet, but it’s something we’re working on”.
The stage is set, when politicians tell you they want to be able to control prices, believe them – but what the public must understand is that price controls means spending controls.
The politicians will tell you that it’s all about putting “greedy CEOs” in their place.
What they won’t tell you is that price controls also means is telling you what you can or cannot eat, how you use energy – whether you’ll be permitted to travel, or make any other kind of economic decision or make any kind of value exchange that you used to take for granted.