The Road to Socialism (Serfdom)
Arthur Schopenhauer is famous for many statements. My favorite is the process of establishing truth. “All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.”
Taking a page from Schopenhauer, the road to socialism in America passes through three stages. First, combine small banks and companies into large banks and companies. Second, have the government take shares in large banks and companies. Third, have the politicians direct the flow of capital, investment, production, employment, and consumption.
We are part way into stages one and two, under a Republican president and administration, no less. It won’t take long for stage three to emerge.
Arthur Schopenhauer is famous for many statements. My favorite is the process of establishing truth. “All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.”
Taking a page from Schopenhauer, the road to socialism in America passes through three stages. First, combine small banks and companies into large banks and companies. Second, have the government take shares in large banks and companies. Third, have the politicians direct the flow of capital, investment, production, employment, and consumption.
We are part way into stages one and two, under a Republican president and administration, no less. It won’t take long for stage three to emerge.