EBOK026

Creeping Communism: The Fabian States of America


In the last article we discussed fascism and how it has crept into all segments of the economy. We learned that it had its beginnings in Alexander Hamilton’s “American System” which was not much more than a newer version of British mercantilism. Also, how fascism evolved out of Otto Von Bismarck’s large regulatory state apparatus…

The Failure of Socialism

The Failure of Socialism


In an earlier article, “Economic Ignorance“, we discussed the importance of profits and the incentives to gain those profits. At the end of the article I eluded to the failure of socialism. This article will go into some depth of why socialism is a failure. Flesh and Blood We must first begin with the understanding…