Can Tyranny Survive Capitalism?
From the desk of George Handlery on Mon, 2013-02-18 20:08

There is a connection between political and material advancement.
In its last posting, Duly Noted reacted to a new catchphrase of the Left. The words that provoked the riposte were “can democracy survive capitalism?”
The response emphasized that the suggested incompatibility is a verbal trick. Freedom, as a system, cannot prevail without a matching economic order. That means laissez faire. Attempts to abolish the capitalism of individual holders will not produce a capital-free order. State capitalism is the achievable alternative. With the added economic means that order will complete total dictatorial control. Elites convinced of their moral superiority are tempted to welcome such an arrangement.