Here is an interesting video that I found. I’m not sure what to make of it as a whole, however, some of the points made caught my attention as they were rather unsettling. It’s clear that the individual being interviewed, Yuri Bezmenov (a KGB defector), had come to abhor what he repeatedly labels “Marxist-Leninist” ideology. […]
Are freedom and organization compatible principles? In other words, can competitive capitalism and centralized planning prosper simultaneously? These questions present, in a nutshell, the overarching theme of the third chapter of The Road to Serdom (1) titled “individualism and collectivism.” Hayek begins by informing the reader that there are many socialists who are all but […]
Part II : https://onlookers.news/2021/01/25/revisiting-the-road-to-serfdom-part-ii-hybridized-economies-and-squabbling-planners/ Originally published in 1944, Friedrich Hayek’s The Road to Serfdom serves as a grave and persuasive warning against government controlled economic activity. In response to the popular opinion of his time, Hayek felt urged to express his doubts and criticisms of various idealistic political concepts, almost all of which he was […]
It is not only possible for price controls to create shortages (as evidenced during World War II rent control – see pp. 105), but also surpluses. Since price controls do not allow the actual conditions of supply and demand to be reflected in prices, it is not surprising when a price floor on a particular good ends up […]
In sect. [28] (pp. 16) of his Second Treatise of Government, Locke poses an engaging question, that is ; when exactly a common resource becomes someone’s private possession. He uses the example of apples on a tree in unclaimed property. If a man is strolling through some woods and chances upon an apple tree, what […]
Notice : The following piece is purely opinion and was written with the intention to articulate my thoughts on the Trump presidency. The 2020 presidential election undoubtedly generated an incredible amount of enthusiasm among Americans. Although some would contend that it is not yet over, the outcome, at present seems quite clear ; Joe Biden […]
Underlying the argument for lowering the voting age to 16 is the preposterous notion that a person’s accumulated maturity, demographic, and existing political knowledge play almost no part in determining their suitability to vote. Along the lines of classical western thought, voting was frequently considered an obtained privilege bestowed strictly to the responsible and contributing […]
How we choose to answer certain fundamental questions about our existence plays an indescribably influential role in our prospective thinking. Fundamental questions pre-exist the construction of our belief system. Whether or not our belief system is assembled upon reliable answers to these questions is what concerns us the most. But it should be noted, that […]
