Sure, socialism has a 500 year record of failure. But there's simply too much crony profit in it, from universities and Learing Centers all the way to big pharma and Wall Street.
🚨 MILTON FRIEDMAN (1978): Young lawyer asked Milton about when it is okay for a Govt to force a free citizen to act.
Did you get the nuance in Milton's question about the difference between "society" and "govt"...
Do you think a man should be free to sin?
Power selects for a specific personality type, and it is not yours.
F.A. Hayek spelled this out in 1944. In a centrally planned system, the people who rise are not the most competent or the most honest. They are the most willing to exercise force against strangers, the most comfortable with contradiction, and the most skilled at coalition-building through favors rather than merit. Government filters for the bad ones from the start.
The mechanism is straightforward. Political power means controlling resources you did not earn. Capturing that control requires outcompeting rivals who have no ethical constraints. A principled candidate refuses to promise contradictory things to different voter blocs. An unprincipled one does it without blinking. The unprincipled one wins. Repeat this selection pressure across hundreds of electoral cycles and you get the U.S. Congress in 2026: a body where the average member has held office for over a decade, raised millions from interested parties, and delivered almost nothing measurable to the people who voted for them.
Bureaucracy compounds the problem. Once entrenched, state agencies attract people who want authority without accountability. You cannot fire most of them. The FDA, the TSA, the Federal Reserve all function this way, staffed by individuals whose career advancement depends on expanding the agency's reach, never on serving you efficiently.
See ya later Harry! USS HARRY S TRUMAN CVN75 being moved across Hampton Roads VA from Naval Station Norfolk to HII Newport News Shipbuilding for her mid-life $5.5 bil Refueling & Complex Overhaul. Not due to come out again until late 2031 https://t.co/A9CV1nPqjU
@LukeGromen@VAltCoin Nothing new under the Sun is also in the Bible. Human nature does not ’evolve’. We all would take something for nothing if offered.
This is how long a steam ship takes to burn 2.3 gallons (8.7 liters) of IFO-180 fuel. It accounts for about 16 revolutions of the shaft, moving the ship about 350 ft/106M, and simultaneously generating about 800 KW of electricity.