The prophet von mises

17 Oct 2011 10:36 #1 by bailey bud

We must acknowledge the fact that hitherto all endeavors, to stop the further advance of bureaucratization and socialization have been in vain.

In the twenty-seven years that have passed since President Wilson led America into the war to make the world safe for democracy, democracy has lost more and more ground. Despotism triumphs in most of the European countries. Even America has adopted policies which, some decades ago, it disparaged as "Prussian." Mankind is manifestly moving toward totalitarianism. The rising generation yearns for full government control of every sphere of life.


Publication date: 1944

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17 Oct 2011 10:46 #2 by bailey bud
Replied by bailey bud on topic The prophet von mises
Of note: Von Mises was partly right.

As much as government might aspire to control "every sphere of life," --- it really cannot afford to do so.

As it is, mere "control" (let's be generous) of education and societal discipline (i.e. "Criminal justice"), is making it bankrupt.

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17 Oct 2011 11:50 #3 by FredHayek
Replied by FredHayek on topic The prophet von mises
At least in the business world, it does seem like more and more goverment regulation every year, more training certs, more written procedures, and while individually it makes sense, eventually it is like the straw breaking the camel's back or the frog in the pot on the stove.

Thomas Sowell: There are no solutions, just trade-offs.

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