Socialism is not a higher mode of production but rather economic chaos and regression to primitivism.
While the state in all its forms, even dictatorship, provides a means to resolve disputes, its capacity to resolve them justly is subject to serious dispute. Why should we think the state, even a democratic state, will resolve disputes justly?
There is near-universal agreement that democracy represents an advance over monarchy and is the cause of economic and moral progress. This interpretation is curious in light of the fact that democracy has been the fountainhead of every form of socialism.
Once you deny that individuals own themselves and their property, no rational or moral stopping point to government action can be conjured. The whim of the legislator and judge controls.
The mere existence of monopoly judicial power does not imply that it will be used justly. Whenever that monopoly power becomes unhinged from true justice, that monopoly judicial power thereby becomes a great evil.
Socialist governments traditionally do make a financial mess. They [socialists] always run out of other people’s money. It’s quite a characteristic of them.
The ideological bankruptcy of socialism will be laid bare by government insolvency.
As long as we revere the interests of organizations more highly than we do our own; as long as we continue to invest the lives of our children and grandchildren as resources for institutional consumption, this crisis will continue unto the disintegration of civilization itself.
Constitutional principles do not govern the American state any more than the Soviet Constitution based on the American model restrained the Stalinist regime. Free-market concepts and practices have been supplanted by government largess as the source of economic success and discipline.
We live in the terminal days of Western civilization, and the institutional interests that have wormed their ways into the fabric of society and which have long fed upon the resources and energies of individuals now desperately work to reinforce their collapsing structures.