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Saturday, October 30, 2010

Gary North: "The Police State is Doomed"

In the hands of bureaucrats, the tool of science produces a social order without liberty. The state's controls may be justified as rational and therapeutic, but the system is tyrannical. This is the vision of the dystopias.

The authors were not free market economists. The free market economist finds it difficult to believe that a system of centralized economic planning could ever gain access to resources sufficient to hold the masses together. The failures of the Soviet Union and Communist China stand as tombstones. They mark the inability of central planning to achieve its goals or the goals of the planning elite. Or, as the saying goes, money talks.

Posted by CP at 12:50 PM

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