The Policy
Posted: Thu Jan 17, 2013 2:23 pm
Actually, Lenin tried to implement pure socialism when he first came to power, but when his policies caused the Russian economy to collapse all around him, in 1921 he abandoned literal socialism and replaced it with a pragmatic, expedient reform program called the “New Economic Policy.” Under NEP, Lenin permitted various privatizations while seeking state domination of the “commanding heights” of the economy.
President Obama has emulated Lenin in striving to increase state control over such “commanding heights” of our economy as energy, health care, finance, and education, with smaller forays into food, transportation
...
Clearly Barack Obama’s policies have a distinctly Marxian flavor to them. Does that mean we are destined for socialism? Certainly not yet. But Marx knew that his 10 strategies would move a society toward socialism. The great free-market economist Ludwig von Mises agreed with Marx that government interventions breed further interventions and tend inexorably toward socialism. (See his class essay, “Middle-of-the-Road Policy Leads to Socialism.”)
Ok, so for good or bad one can argue about economic policy...some provide valid support for one and some provide valid support for others.
But
There is another vital point to understand about Marxist-Leninist economics: The greatest damage is done to the middle class. With his customary bloodthirsty malevolence, Lenin said, “The way to crush the bourgeoisie [middle class] is to grind them between the millstones of taxation and inflation.”
So, the argument is...Obama supports an economic policy intent on the destruction of the middle class. Granted this destruction has not blossomed yet, but the seeds are being planted now...and watered.
I am curious, is this Policy of Destruction necessary for the future of America's prosperity or for America's demise?
Citation for quotes above
President Obama has emulated Lenin in striving to increase state control over such “commanding heights” of our economy as energy, health care, finance, and education, with smaller forays into food, transportation
...
Clearly Barack Obama’s policies have a distinctly Marxian flavor to them. Does that mean we are destined for socialism? Certainly not yet. But Marx knew that his 10 strategies would move a society toward socialism. The great free-market economist Ludwig von Mises agreed with Marx that government interventions breed further interventions and tend inexorably toward socialism. (See his class essay, “Middle-of-the-Road Policy Leads to Socialism.”)
Ok, so for good or bad one can argue about economic policy...some provide valid support for one and some provide valid support for others.
But
There is another vital point to understand about Marxist-Leninist economics: The greatest damage is done to the middle class. With his customary bloodthirsty malevolence, Lenin said, “The way to crush the bourgeoisie [middle class] is to grind them between the millstones of taxation and inflation.”
So, the argument is...Obama supports an economic policy intent on the destruction of the middle class. Granted this destruction has not blossomed yet, but the seeds are being planted now...and watered.
I am curious, is this Policy of Destruction necessary for the future of America's prosperity or for America's demise?
Citation for quotes above