Democracy is Chaotic - when it is done right.

[Brad Sallows]

What do you make of this one Brad?

That it touches on several things, each worth understanding. Four that have recently been in the back of my mind for one reason or another:

• that inflation benefits debtors, including governments deeply indebted, and harms savers
• that effective confiscation-by-inflation or outright confiscation is a one-time opportunity, after which if fiscal balance is not restored the same trick can not be tried again, but the number of impoverished people making demands will have increased
• that the run-up of residential real estate prices draws a lot of available money into something that increases neither innovation nor productivity, reducing what goes into other kinds of investments (including the kind that produce innovation and productivity improvements)
• that the "right to property" is best understood as "the power to decide how the property is used", so: no property, no power

 

[Kirkhill]

That it touches on several things, each worth understanding. Four that have recently been in the back of my mind for one reason or another:

• that inflation benefits debtors, including governments deeply indebted, and harms savers
• that effective confiscation-by-inflation or outright confiscation is a one-time opportunity, after which if fiscal balance is not restored the same trick can not be tried again, but the number of impoverished people making demands will have increased
• that the run-up of residential real estate prices draws a lot of available money into something that increases neither innovation nor productivity, reducing what goes into other kinds of investments (including the kind that produce innovation and productivity improvements)
• that the "right to property" is best understood as "the power to decide how the property is used", so: no property, no power

I think I would go the extra step and say property is freedom. It is the antidote to the top down, authoritarian and corporatist agenda.

 

[Brad Sallows]

To exercise power is more than freedom; it implies there is someone who submits to that exercise.

 

[Fishbone Jones]

 

[Kirkhill]

Another U-turn.

Note that the author, although British, is not white.

• Rakib Ehsan

The (British) Queen of woke just exposed the hypocrisy of the virtue-signalling Left​

Once a fierce advocate of identity politics, Ash Sarkar now seems to be repudiating the dogma

In what can only be described as a quite spectacular Damascene conversion, Ash Sarkar of Novara Media has rejected identity politics and the competing grievances it has given rise to.

In an interview with Lewis Goodall of The News Agents, Sarkar argued what many have been saying for years – that much of the America-brained British Left is destroying itself by embracing the politics of racial victimhood.

This includes adopting divisive theories of so-called “white privilege”, with such toxic ideas spreading through the public, private, and third sectors, fuelled in part by the Black Lives Matter (BLM) movement. Much of this proved to be a complete distraction in one of the most racially fair societies on Earth, deflecting attention away from much stronger determinants of life chances such as modern Britain – such as family structure, community norms, and young people’s accessibility to civic assets.

The Queen of woke just exposed the hypocrisy of the virtue-signalling Left

Once a fierce advocate of identity politics, Ash Sarkar now seems to be repudiating the dogma

www.telegraph.co.uk