• Original_Intent's Avatar
    08-30-2018, 07:07 PM
    The stages: Stage 1: Communism or other version of socialism is set up in a wealthy capitalist country. Stage 2: Capital flees the country, but the good times roll for a time determined by the amount of pillaged wealth from the previous economic system. Stage 3: The good times end, and anybody who could have increased productivity is long gone. Free markets in the form of black or grey markets spring up. Stage 4: The government becomes tyrannical as they need enough jackboots to a) force people to work and b) protect the elites from the torches and pitchforks. Stage 5: the citizenry is degraded to the level of serf, and live only to provide luxuries to the elites, and are usually given enough to barely survive. Or not. Stage 6: Citizens get desperate and either overthrow the government or at least gain concessions and the elites are forced to move to some degree towards free markets.
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"The journalist is one who separates the wheat from the chaff, and then prints the chaff." - Adlai Stevenson

I tell you that virtue does not come from money: but from virtue comes money and all other good things to man, both to the individual and to the state. - Socrates

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