International corporate juggernauts

George Soros, billionaire

George Soros, billionaire (Photo credit: Wikipedia)

 

A “return back to international corporate juggernauts” does not deserve the revisionist history heaped upon it. People’s real incomes increased leaps and bounds from 1850 to 1900 in the USA, before a faction of “international corporate juggernauts” began to yell about those (other) “international corporate juggernauts” and “we have to stop them!” and they started passing laws to stop those (other) “international corporate juggernauts”.

 

Except, of course, they told us they were “one of us” and they were “helping” us stop those (other) “international corporate juggernauts”. Pay no attention to billionaire George Soros‘ billions, he’s “helping” us by financing “Obama“, please don’t look at the money, pay attention to the rhetoric please.

 

“Right wing” and “left wing” are from the Doublespeak dictionary from this particular subset of a faction of “international corporate juggernauts”.

 

The de-salination machine example is good for the illustration of the principle. The “real-world” counter-example of state-funded technology development is an illustration of stealing your money to give it to somebody, but the greatest advantages of recent centuries have been from private initiatives. The telegraph, the steam engine, the telephone, radio, telescope, movable print, vacuum tubes, microchips, cell phones, plastics, air conditioning, the PC, all these things were developed with private initiatives, not the state. The state wastes valuable resources that could be used for production, diverting them to political priorities, or the whims of the guy who likes using money confiscated from your pocket for his own whims. “Scientific” or not. Haha. Like studying whether monkeys get high on marijuana. Thank you, but no refunds.

 

The libertarian philosophy does not consider state funding as “free market” friendly because it is theft from somebody else. Lower taxes only means the state bosses are stealing less money from you.

 

Forcing you to hire somebody at more than minimum wage is neither “free market” nor “fair”. A free market of labor gives the teenager and the less-intelligent among us a chance to work for a living and contribute to production. The minimum wage tells him to go pound sand. Don’t worry, we’ll steal it from somebody else and we’ll pay you to sit on your fanny. Or we’ll steal it from somebody else who might have paid you more, so we can “subsidize” your pay.

Learn more at mises.org….

 

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