Thursday, November 12, 2009

Corrupt central bankers and centralizing statists rewarded for failure with the triumph of socialism; (Was this their plan all along?)

(LewRockwell.com) -- ...A new BBC poll finds that only 11 percent of people questioned around the world – and 29,000 people were asked their opinions – think that free-market capitalism is a good thing. The rest believe in more government regulation. Only a small percentage of the world's population believes that capitalism works well and that more regulation will reduce efficiency. One-quarter of those asked said that capitalism is "fatally flawed." In France, 43 percent believe this. In Mexico, it is 38 percent. A majority believes that government should rob the rich to give money to poor countries. In only one country, Turkey, did a majority say that less government is better. It gets even worse. While most Europeans and Americans think it was a good thing for the Soviet Union to disintegrate, people in India, Indonesia, Ukraine, Pakistan, Russia, and Egypt mostly think it was a bad thing. Yes, you read that right: millions freed from socialist slavery: bad thing.

That news must lift the heart of every would-be despot the world over. And it comes as something of a shock twenty years after the collapse of socialism in Russia and Eastern Europe revealed what this system had created: backward societies with citizens who lived short and miserable lives. Then there is the China case, a country rescued from bloody barbarism under communism and transformed into a modern and prosperous country by capitalism. What can we learn? Far from not having learned anything, people have largely forgotten the experience and have developed a love for the ancient fairytale that all things can be fixed through collectivism and central planning...--Lew Rockwell...Cont'd...LINK

No comments: