Archive | December 14, 2011
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Socialist theory may be well intended, but it offers impossible promises and false hope. It promises to close the gap between rich and poor and end material inequality through a welfare state. The individual is subordinated to collective group thinking. Your well being is dependent on a group and collective decisions. Everyone is expected to […]
“The most numerous and influential group of settlers in the seventeenth century, the Puritans, at first tried an idealistic form of mercantilism,using governmental authority to direct the economic affairs of Massachusetts Bay toward the concepts of fairness and justice. thus the Puritans enacted subsidies and bounties, and tried to set ‘just’ prices, wages and profits. […]