The constant rhetoric of the left has failed to realize itself in actuality so that even old warhorse Bernie Sanders mouthings seem fresh. Of course, young people haven't been around long enough to realize it's the same old crap that got us where we are.

+1
Flippant it is not. Socialism is a kind of fetish. It was once quite a popular dogma to those who were disenfranchised in some way and whose means of "liberation" would be to treat people without reference to their prior classification. Now, we know that was an error because as Ayn Rand points out even egalitarianism can't help but violently reject certain minorities (bourgeoisie).

Today, we find a weird "retro" rhetoric in politicians like Bernie Sanders, Old Left ideas creeping in to support the new progressive ilk and expound upon it in phrases like "economic justice". This is no mistake from their point of view. The Old Left gains license from the New to implement the social cause. It is working in a weird dialectic fashion as its founder (Marx) professed.

The thugs and thieves will profit from the error of the Old Left politicians. And that leads us back to: "Destitution is easily distributed".

“The problem with socialism is that you eventually run out of other people's money.”

-- Margaret Thatcher

Yes, please! One can anecdotally look at Illinois and California and their current budget deficits which place them as insolvent, but I would also point out that the whole notion of "income inequality" is normally used by progressives trying to play on the narrative of "fairness" as a means to implement socialism.

yes. . the lowest common denominator. -- j
.

Awesome article and dead on. I would only argue against Rothschild. They, like their black ignoble ilk, created wars to create wealth for the most part.
Rockefeller, although, he did not compete honestly, he only got involve with politics because politics got involved with him and his business. All told, the consumer made out very well and that's what capitalism is alllll about.

This may sound flippant, but in order to keep me from wandering about talking to myself after encountering the above described leftos, is Michael Savage's mantra; "Socialism is a mental disorder."

Thanks, Freedom,
I wish I had thought of that sentence. Have no fear, I will most certainly use it.

Thanks for posting that! Download to your smartphones, gulchers. It's great to have for instant inspirations.

God of the Machine is available free in PDF at https://mises.org/library/god-machine truly a great book

I spent a good deal of my adult life (age wise, at least) in the S. F. Bay Area, where the ongoing mantra in any "consciousness raising" group (obligatory to be a good citizen) was "emotion" over "metrics" or some version of that. It was simply the common wisdom, totally unchallenged.
And now that I'm relatively free from that mental numbness, and I bring up facts and figures to my greatly decreasing statist acquaintances, I almost always am attacked as not being "compassionate." It is truly amazing the lengths people's minds will go to justify their belief system.

Has anyone seen a graph of government power (federal spending) versus income inequality? It would be very interesting to see what this looks like.

Yeah, that book is on a rather long list of books to be read, when I can fit it in between my long list of books to be written.

Thats why I used it as the title of the post ;^)
Isabel Patterson's God of the Machine is brilliant.

Ayn Rand wrote the books. Long ago, Still true.

She'd whip me for this, but "God Bless" her.

I didin't read the article but I like the quote.

Impractical because it requires they accept that their philosophy is as vacuous as their heads. Those who aren't power mad have been mind wiped since kindergarten to believe that the American version of socialism is the only answer to evil businessmen. Apparently there is no learning curve from reality for the brainwashed "minorities."
What I can't understand is how otherwise intelligent objectivists can see this irrationality in liberals/socialists/statists, but can't see how open borders (however admirable in theory) provide fertile ground for invasion by those who support the insanity with their ignorant votes and (in some cases) parasitic procreation.

I certainly can't understand why the most highly liberal cities are in the most trouble and seemingly no one can see it; certainly not the media. Chicago is a fine example. The place is a train wreck and Hizzoner Rahm is proposing the biggest tax hike in history. Detroit? Let's not even talk about it. New York had a couple of Republican mayors, and the city was well on it's way...crime was down and revenues were rising. Then they elected an arch-liberal wombat and it took him less than 2 years to put the city into another death spiral.

Wouldn't ya think that at some point someone would say, "Hey! Find out what they were doing the last time things were working around here and let's do that!" Is that idea really so impractical?

Yes the good people of Detroit, those still there, can attest to the truth of her statement. I wonder why the Democrats aren't pointing to it as an example of one of their achievements.