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Progressives Are Domestic Imperialists

Progressives Are Domestic Imperialists

Progressives will fight tooth and nail to make sure every citizen gets a 1 in 100,000,000 vote between two politicians every four years since it allows the political system to reflect the wishes of the population at large.

However, when those very same voters try to make an economic exchange, the Progressive will unapologetically coercively interfere under the guise of “helping the little guy.” Want an internship to get on the job experience? Tough luck says the Progressive, if the internship does not pay $15 an hour with benefits it’s for your own good that you stay unexperienced. Want to sell goods? Not without a business or occupational license! Want to save your money instead of giving it to the IRS? Not a chance. Want to save a persons life by giving them a kidney in exchange for compensation? Help yourself to a $50,000 fine and five years in prison.

It does not occur to the Progressive that they are no different in principle than the European Colonialists/Imperialists which they so often condemn.

Leaked Pentagon Documents: A Thread

Leaked Pentagon Documents: A Thread

What follows are highlights from the trove of leaked US government documents that appeared on the internet sometime last month, including a handful of the documents themselves, reporting on the material, my own observations, as well as official statements and reactions.

 

Follow me at @TheWillPorter for more updates.

The Robber Barons: Historical Fact vs. Progressive Mythology

The Robber Barons: Historical Fact vs. Progressive Mythology

The standard theory of monopoly within the mainstream of the economics profession is that monopolies increase prices and reduce production levels compared to competitive industries. So I gathered historical economic data on prices and production for seventeen of the industries accused of monopolization during the congressional debates over the Sherman Act. Surprisingly, no other economist had apparently ever done this! What I found was that while real (inflation-adjusted) gross domestic product (GDP) increased by about 24 percent from 1880 to 1890, the industries accused of “restricting output” increased their production by 175 percent on average, seven times more than the economy in general. For example, steel production rose by 258 percent, zinc 156 percent, coal 153 percent, steel rails 142 percent, petroleum 79 percent, and sugar 75 percent. And during that same time period, as the consumer price index (CPI) fell by 7 percent, the “trusts” that were accused of monopolization dropped their prices by far more. The price of steel rail fell by 53 percent, refined sugar became 22 percent cheaper, lead declined in price by 12 percent, and zinc by 20 percent, for example. This trend of production in these industries dominated by “trusts”—the supposed “natural monopolies”—outstripping GDP as a whole and prices declining faster in these industries than the CPI continued on for the next decade as well.

– Thomas J. DiLorenzo, Ph.D., The Politically Incorrect Guide to Economics

Military Conscription is Slavery: Woodrow Wilson Edition

Military Conscription is Slavery: Woodrow Wilson Edition

By the guidelines set down by the Selective Service Act, all males aged 21 to 30 were required to register to potentially be selected for military service. At the request of the War Department, Congress amended the law in August 1918 to expand the age range to include all men 18 to 45, and to bar further volunteering.[7] By the end of World War I, some two million men volunteered for various branches of the armed services, and some 2.8 million had been drafted.[8] This meant that more than half of the almost 4.8 million Americans who served in the armed forces were drafted. Due to the effort to incite a patriotic attitude, the World War I draft had a high success rate, with fewer than 350,000 men “dodging” the draft.

– Selective Service Act of 1917, Wikipedia

The Capitalist Competition Myth

The Capitalist Competition Myth

Capitalism involves far more cooperation than competition—think of the number of mutually beneficial transactions you’ve had today compared to the number of competitions you’ve been in today
– Chris Freiman, author of Why It’s OK to Ignore Politics
Democratic socialists sometimes object to capitalism on the grounds that it’s unduly competitive but democracy also looks pretty competitive to me
– Chris Freiman, author of Why It’s OK to Ignore Politics

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