Nearly every day brings new reports of the collapse of a large financial institution or the impending bankruptcy of a major company. Plans for bailouts and government intervention are in the air. Even those who profess devotion to free enterprise have wavered. Are we not faced with an emergency that calls for immediate action to “save” capitalism? Faced with this situation, we need to be more resolute than ever in defense of the free market, with no government restrictions whatever. If we do not defeat these measures, we face grave danger. The record of National Socialist Germany during the 1930s shows how quickly government intervention leads to full-scale socialism. Ludwig von Mises warned of this many years ago. FULL ARTICLE
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2 comments ↓
great article that said many things…and the subtle warning that if America isn’t careful, America could go down the same path economically that Nazi Germany did in the early 1930’s …right ?
Gee where is Dr. Ravi Zacharias ? He’d love this Thank You!
I think we’re already on that path. Fascism ain’t dead – it’s just called “American Democracy” these days.
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