Austro-Libertarian Natural Order Philosophy From Indyeah

Individualistic Austro-Libertarian Natural Order Philosophy From Indyeah
Showing posts with label Abolish The State. Show all posts
Showing posts with label Abolish The State. Show all posts

Sunday, October 16, 2011

Would You Lend Them Money?

A friend phoned me yesterday to tell me this story - and asked me to blog it. It seems she phoned her bank and inquired about interest rates on fixed deposits. However, the banker insisted on selling my friend government bonds that carried lower interest - but had tax benefits (and also carried free life insurance). However, my friend, being my friend, refused to swallow the pill - and said she did not want to lend her money to our The State.


She then asked me why her bank was so keen on selling government bonds - what was their incentive? - and I advised her not to lend her money to this bank either, and invest in gold.


But think about it: Lending money to The State has never been a good idea - ever. It brought down the Medicis. It will bring down many European banks. Those who lend money to governments buy "permanent irredeemable debt" - and both the interest as well as the principal are paid out of taxes and fresh borrowings. How is this "sustainable"?


Further, those who still buy this permanent irredeemable debt (in peacetime!) are actually partners of the State and therefore enemies of the tax-paying public.


Thus, the Austrian solution is best. If an Austrian comes into office, he will repudiate the entire debt - contracted by the previous government. And he will ensure that such bonds are never issued again - by constitutional law. Whatever government exists (at the local level) must be financed entirely by legitimate taxes.


Incidentally, our The State is increasing its borrowings by 20 percent - above the budgeted amount. This means some 4,00,000 crores of borrowing - to be "consumed" by welfarism. This is unsustainable. This is "capital consumption." This is the highway to "de-civilisation." This is EVIL!


NO MORE GOVERNMENT DEBT

Tuesday, October 11, 2011

OWS Quite Like Our Own Anna Hazare Movement

There is a great article bemoaning the statist and leftist nature of the "Occupy Wall Street" movement from the Mises Institute today, titled "Occupied by Government."


It lists out their key demands - and they make me cry! They are:


1. Raise the Minimum Wage to $20:


I wonder who teach these guys Economics or Law - for if poverty could be removed by legislation, India would have been rich long ago!


2. Free College Education:


If the government teaches them, what will they learn? Indeed, they will live forever on minimum wages, and forever go on demanding more!


3. Guaranteed Living-Wage Income, Regardless of Employment:


Further nonsense! What about "economic freedom"? What about "sound money and free, honest banking under law"? What about Ron Paul and his campaign to "End the Fed"? These guys seem to be led by duds!


4. Ending Free Trade And Opening Immigration:


This is the best - AUTARKY! Forget about the "international division of labour." American swadeshi!


5. Immediate across-the-board debt forgiveness for all; Outlaw all credit-reporting agencies:


The Fed is your enemy, stupid. What you are asking for is, strictly speaking, THEFT!


6. One trillion dollars in infrastructure spending:


As the dude who has written this article put it - If this were the solution, why not do 2 trillion? Why not 100 trillion? Why don't poor countries just spend more?


Thus, just as the Anna Hazare Movement here is all bollocks - so is the Occupy Wall Street Movement in the USSA. These guys sound like Noam Chomsky of Harvard U - the guy in the photo above, saying:


Banks Derive Their Money From The State
So, Increase The State

But, there is hope. Some guys are talking about "Fuck the Fed." EPJ has the video of the Boston Fuck the Fed Movement here. It's the third video.


And there is a smart young guy talking Mises, Rothbard, Hazlitt etc. in the OWS area - and there is that video here. Awesome!


If Anna Hazare will fail, OWS will fail too.


And then, perhaps, if guys with sense keep on and on hammering their points home, good sense will prevail, and the correct economic doctrines will rule the world.


Property    Liberty       Gold          Peace

Ron Paul

Saturday, October 8, 2011

We Don't Need "Import Substitution" In Beer



There is free trade - and there is import substitution backed by the guns of the Customs Department. In the former, the consumer is the KING; in the latter, the State rules, with its cronies conning consumers.


Let us take the case of beer. Today, in India, we get many beers with foreign brand names - but these beers are "made in India." The companies that make them are Indian companies - like Tuborg India (Pvt.) Ltd. What the FUCK is this?


Now, there are over 300 different kinds of beer in just Germany. Leave aside Belgium, with another 300. And Holland, too. Leave aside Irish stouts. And English ales.


All these beers are made out of "recipes" that are "industry standards." These beers taste good because the recipes are good - and because of their special ingredients, like the local water. In my experience, the best beer I have ever tasted in the Original Budweiser from the Bohemian City of Budweis. Even the USSA has not been able to replicate this Great Beer. They just bought the brand name.


This is the mistake our The State is forcing upon consumers. They are selling the use of foreign brand names in alcohol. Free Trade is a much better solution - for consumers. I bought Mauritian Black Eagle beer the other day - "made in India," and it was nothing like the orginal at all. My Indian Tuborg says its ingredients include sugar and corn syrup! No wonder it tastes awful!


A wise man once said:


Life is too short to drink Bad Beer.

I wholeheartedly agree.


Life is also too short to smoke bhoonsa maal.

And I bought a miniature bottle of Teacher's Scotch the other day - bottled in India - and it tasted horrible.


We consumers are getting SCREWED - by this import-substitution policy.


Let us institute FREE TRADE - unilaterally; that too, backed by sound money.


Let us abolish the Customs Department.


And let us drink good beer - imported.


Incidentally, I am also in favour of microbreweries, selling fresh draught beer cheap. I think this will be very good for our poor people - who drink the harshest grogs imaginable. Except in Goa, of course, where they have feni.


In either case, beer should be de-licensed and free from all taxation. And imports of anything and everything should be free.

Friday, October 7, 2011

The Fascist Threat Is Real - And Everywhere

Today I would like to comment on two speeches: first, Boris Johnson saying that "Gandhi was wrong on urbanisation"; and second, Lew Rockwell's speech on fascism. In the Indian context, I will attempt to link the two - to illustrate the fact that ours too is a fascist State, because Gandhi (and Nehru) were both wrong.


Boris Johnson, Mayor of London (not Lord Mayor of the Olde City), made a speech the other day in which he said that "Gandhi was wrong in stating in 1948 that India's future lay in its villages as the country's future actually was in its cities."


In other words, Gandhi was blind to the "division of labour" - which is specialisation, and which is maximised in towns and cities, for even tea shops cannot run in sparsely populated villages. 


Now, when we specialise in the division of labour and perform services for each other "society" is formed. Gandhian "self-sufficient village economies" where each spins his own yarn is NOT a vision of "civilised society": indeed, it can be called "anti-social." And then, of course, Nehruvian socialism is anti-social as well, something we can see only now, when it may be too late. Now, fascism is upon us. If the UPA goes, the BJP comes in - and fascism will intensify.


What is fascism: Over to Lew Rockwell's excellent and timely speech, full text here. Lew lists 8 points as to what fascism is all about:


1.The government is totalitarian because it acknowledges no restraint upon its powers.


2. Government is a de facto dictatorship based on the leadership principle.


3. Government administers a capitalist system with an immense bureaucracy.


4. Producers are organized into cartels in the way of syndicalism. This includes workers as well as manufacturers. Consumers get screwed. The free market is, on the other hand, where the "consumer is king."


5.  Economic planning is based on the principle of autarky.


6. Government sustains economic life through spending and borrowing.


7. Militarism is a mainstay of government spending.


8. Military spending has imperialist aims.


Lew says the USSA and much of the world is fascist in this sense. 


What about India?


Each one of the 8 points holds true for our country.


The reason is because Gandhi and Nehru both got it completely wrong. They said "socialism" - but they did not know what society is. They thought the State and the Party and the Leader are all society. They did not know what "civilisation" was - cities and towns, where markets happen and trade occurs. They destroyed urban India - and dreamed of a rural utopia. Thus, they destroyed the "civil service" and made it "bureaucracy": all socialist and interventionist "administrators," the "mammaries of the welfare state."


And now, they have paved the way for the BJP and their "communal hatred." Internal wars will result. Things will get worse.


Hope? The only hope we have is:


REVOLUTION


Lew ends with these stirring words from Mises:


In the long run even the most despotic governments with all their brutality and cruelty are no match for ideas. Eventually the ideology that has won the support of the majority will prevail and cut the ground from under the tyrant's feet. Then the oppressed many will rise in rebellion and overthrow their masters.
In the USSA, revolution is in the air. They are storming Wall Street - but some smarter folk are storming the US Fed. Washington DC is being "occupied."


In our country, INFLATION is killing. The RBI must be attacked. Welfarism must be ended. The Police and the Military establishments must get FUCKED where 1000 people die or are seriously injured on the ROAD every single day.


REVOLUTION! 


(Part 2 of this post can be read here.)

Monday, October 3, 2011

Saint Augustine - On The Predatory State



The other day, I wrote a post on the Pope's speech at the German Parliament, in which he began by quoting St. Augustine - "without justice - what is a State but a band of robbers?" - and then went on to call for a public debate on legal positivism. I had then written: "Without sound money - what is the State but a band of robbers?"


Well, thanks to Christopher Manion on the LewRockwell.com blog, we now have the full text of the passage from St. Augustine's City of God from which the Pope took his quote, and I am placing that passage below for my readers. Note that these words are written by a bishop who was beatified by the Church of Rome:



KINGDOMS WITHOUT JUSTICE ARE BUT ROBBER GANGS
Augustine, City of God, Book IV, Chapter 4.

Justice being taken away, then, what are kingdoms but great robberies? For what are robberies themselves, but little kingdoms? The band itself is made up of men; it is ruled by the authority of a prince, it is knit together by the pact of the confederacy; the booty is divided by the law agreed on. If, by the admittance of abandoned men, this evil increases to such a degree that it holds places, fixes abodes, takes possession of cities, and subdues peoples, it assumes the more plainly the name of a kingdom, because the reality is now manifestly conferred on it, not by the removal of covetousness, but by the addition of impunity. Indeed, that was an apt and true reply which was given to Alexander the Great by a pirate who had been seized. For when that king had asked the man what he meant by keeping hostile possession of the sea, he answered with bold pride, “What thou meanest by seizing the whole earth; but because I do it with a petty ship, I am called a robber, whilst thou who dost it with a great fleet art styled emperor.”

Remember - this saint uses the word "justice," while these robbers use the term "social justice." I hope you all will read the second volume of Hayek's Law, Legislation & Liberty, which is titled "The Mirage of Social Justice." You can buy this book in India here.


And do reflect a long while on the PRECISE MEANING of the word Hayek uses in his TITLE - the word "MIRAGE." Desert travellers are very wary of mirages. They KILL.

We need Economic Freedom - not funny money welfarism - and we need real "natural justice" in a private law society: Property, Contracts and Torts.

And we need to throw out these robbers - because, as God Alone Knows, I need a Decent Smoke!

What Is "National Greatness"?



Thanks to a link provided by a The God That Failed post, I found a brief article by Hans-Hermann Hoppe published in The Free Market in 1999, on Johann Wolfgang von Goethe (1749-1832), arguably the greatest genius Germany has ever produced, detailing facets of Goethe's life, and ending with a long quote on Goethe's views on "national greatness." The article so moved me that I am publishing it in full below:






Goethe on National Greatness

by Hans-Hermann Hoppe

This year [1999] marks the 250th birthday of Johann Wolfgang von Goethe, the greatest of all German writers and poets and one of the giants of world literature. In his political outlook, he was also a thorough-going classical liberal, arguing that free trade and free cultural exchange are the keys to authentic national and international integration. He argued and fought against the expansion, centralization, and unification of government on grounds that these trends can only hinder prosperity and true cultural development.
Born in 1749 in the free imperial city of Frankfurt am Main into an upper middle-class family, Goethe studied law in Leipzig and Strassburg. However, upon receiving his doctorate and practicing briefly as a lawyer, he set out on a career that can only be characterized as a spectacular success. A poet, dramatist, novelist, lyricist, artist, and critic of architecture, art, literature, music, and nature; a natural scientist and a student of anatomy, botany, morphology, and optics, Goethe to this day, at least for Germans, defines the meaning of genius, with an oeuvre encompassing more than sixty volumes.
In 1775, at the invitation of Duke Carl August von Saxe-Weimar, Goethe visited Weimar and took up residence there until his death in 1832, interrupted by frequent and extended travels all across Germany, to Switzerland, Italy, and France. It was surely during these travels that he developed his liberal political position.
From 1648 until the Napoleonic wars, Germany consisted of some 234 countries, 51 free cities, and about 1,500 independent knightly manors. Of this multitude of independent political units, only Austria counted as a great power, and only Prussia, Bavaria, Saxony, and Hannover could be considered major political players. Saxe-Weimar was one of the smaller and poorer countries, encompassing just a few dozen villages and small towns.
As a result of the Vienna Congress of 1815 following Napoleon's defeat, the number of independent political territories was reduced to thirty-nine. Owing to the family relationship of its ruling house with the Russian dynasty, Saxe-Weimar grew by about one third of its former size (to a size slightly larger than that of Rhode Island) and became the Grand Duchy of Saxe-Weimar-Eisenach. Still, it remained one of Germany's smaller, poorer, and politically less significant countries.
Its capital, Weimar, was a small town of less than 6,000 inhabitants when Goethe moved there, and even at the time of his death in 1832 it had only grown to 10,000. Goethe had come to Weimar as Carl-August's favorite, and he continued in the role of Carl-August's closest personal advisor until the Duke's death in 1828. Carl-August and Goethe rode, hunted, and caroused together, and in the year following his arrival in Weimar, Goethe was appointed by Carl-August to his four-member Privy Council, becoming his second most highly paid servant (with a rather modest salary of 1,200 Taler per annum).
At the behest of Carl-August, Goethe was ennobled by the Emperor Joseph II. At various times, Goethe's duties as a member of the Privy Council involved the supervision of the Duchy's six-hundred- strong army (he reduced its size to 293), the construction of its roads and mines, the management of its finances (he cut taxes), the operation of the court theater, and the oversight of its nearby University of Jena, which at that time included among its faculty Hegel, Fichte, Schelling, Schiller, Humboldt, and the brothers Schlegel.
Already acclaimed throughout Germany when he settled in Weimar, Goethe's fame grew immensely in the following years. Whether it was on his travels or in Weimar, nearly everyone sought his companionship, from Johann Gottfried Herder, Alexander and Wilhelm von Humboldt, Madame de Stael, Friedrich von Schiller, Felix Mendelssohn, Ludwig van Beethoven, Freiherr vom Stein, and Empress Maria Ludovica of Austria, to Napoleon. Indeed, by the last decade of Goethe's life, he and Weimar had become synonymous with German culture, and Weimar and the Goethe residence became the objects of veritable pilgrimages by members of the German Bildungsbürgertum (the educated bourgeoisie).
It was during this last phase of his life when Goethe, in a conversation recorded by one of his devotees, Johann Peter Eckermann, made the following remarks concerning the relationship between political particularism (Kleinstaaterei) and culture. At the time these remarks were made, on October 23, 1828, Germany had become increasingly affected by democratic and nationalistic sentiments as a result of the French Revolution and the following Napoleonic era. Most of the German liberals had become democrats and advocates of a unified German nation state.
As a liberal, Goethe, wisely and with remarkable prescience, stood largely alone in firm opposition to this transformation of the liberal creed. In his view, mass democracy was incompatible with liberty. "Legislators and revolutionaries who promise equality and liberty at the same time," he wrote in his Maximen und Reflexionen, "are either psychopaths or mountebanks." And political centralization, as Goethe explained in his conversation with Eckermann, would lead to the destruction of all culture:
"I do not fear that Germany will not be united; our excellent streets and future railroads will do their own. Germany is united in her patriotism and opposition to external enemies. She is united, because the German Taler and Groschen have the same value throughout the entire Empire, and because my suitcase can pass through all thirty-six states without being opened. It is united, because the municipal travel documents of a resident of Weimar are accepted everywhere on a par with the passports of the citizens of her mighty foreign neighbors. With regard to the German states, there is no longer any talk of domestic and foreign lands. Further, Germany is united in the areas of weights and measures, trade and migration, and a hundred similar things which I neither can nor wish to mention.
"One is mistaken, however, if one thinks that Germany's unity should be expressed in the form of one large capital city, and that this great city might benefit the masses in the same way that it might benefit the development of a few outstanding individuals.
"To be sure, the state has been compared to a living body with many parts, and a state's capital thus might be compared to the heart, which supports the life and well-being of its near and distant parts. If the parts are very far from the heart, however, the flow of life will become weaker and weaker. A thoughtful Frenchman, I believe Daupin, has drawn up a map regarding the state of culture in France, indicating the higher or lower level of enlightenment of its various 'Departements' by lighter or darker colors. There we find, especially in the southern provinces, far away from the capital, some `Departements' painted entirely in black, indicating a complete cultural darkness. Would this be the case if the beautiful France had ten centers, instead of just one, from which light and life radiated?
"What makes Germany great is her admirable popular culture, which has penetrated all parts of the Empire evenly. And is it not the many different princely residences from whence this culture springs and which are its bearers and curators? Just assume that for centuries only the two capitals of Vienna and Berlin had existed in Germany, or even only a single one. Then, I am wondering, what would have happened to the German culture and the widespread prosperity that goes hand in hand with culture.
"Germany has twenty universities strewn out across the entire Empire, more than one hundred public libraries, and a similar number of art collections and natural museums; for every prince wanted to attract such beauty and good. Gymnasia, and technical and industrial schools exist in abundance; indeed, there is hardly a German village without its own school. How is it in this regard in France!
"Furthermore, look at the number of German theaters, which exceeds seventy, and which cannot be disregarded as bearers and promoters of higher public education. The appreciation of music and song and their performance is nowhere as prevalent as in Germany, and that counts for something, too.
"Then think about cities such as Dresden, Munich, Stuttgart, Kassel, Braunschweig, Hannover, and similar ones; think about the energy that these cities represent; think about the effect they have on neighboring provinces, and ask yourself, if all of this would exist if such cities had not been the residences of princes for a long time.
"Frankfurt, Bremen, Hamburg, Luebeck are large and brilliant, and their impact on the prosperity of Germany is incalculable. Yet, would they remain what they are if they were to lose their independence and be incorporated as provincial cities into one great German Empire? I have reason to doubt this."
As highly as Germans revered Goethe as a national hero, they did not heed his advice at the end of the Cold War. Nor have most people in Europe paid heed to his warnings on the dangers of political centralization. Pertinent today as they were when written, Goethe's insights regarding the social and political foundations of culture still demand our attention.

**************        **********************      ****************

My comments:
I think what Goethe has written applies to our entire sub-continent, and I wrote a leader article along these lines in The Times of India in 2002, titled "Alternative Nation: The Public Administration of Anarchy." This article has been preserved here.
In 1947, let us not forget, there were 652 "princely states" - and Goa was Portuguese. Pondicherry was French. And the British co-existed - and our civilisation of cities and towns was well-administered.
Food for thought, what?
And I hope some people in the USSA as well as "United Germany" are reading this!

Monday, September 26, 2011

We Don't Get Fooled Again!


A Deutsche Bank report just reached me, warning of recession in the USSA. But their analysis is based on "consumer spending" - and this might suggest to many that another "stimulus" is required from the Fed.


This displays ignorance of Say's Law of Markets.

Last night, I watched a BBC programme called "The World Debate" on the current economic crisis, hosted by Nick Gowing. Of the four debaters, three were government people - Christine Lagarde, who heads the IMF; a guy from Obama's economic team; and a dude from the EU in Brussels.


Lagarde spoke of the need for the G-20 to get together and do what they did last time - and I could have cried out loud. That time the G-20 nations inflated their currencies along with the US Fed, which is what "central bank co-ordination" is all about, and which is why the crisis is so widespread today. Nick Gowing, on his part, asked for "more decisive political leadership."


This, too, displays ignorance of Say's Law of Markets.

Today, the Keynesians teach this law as follows:


Supply creates its own demand.

This incorrect formulation of this vital law makes their students believe that "monetary stimuli" create demand.


So, let us think things through: 


The supply of plasma TVs does not create the demand for plasma TVs. Yet, if cars sell, if jeans sell, if shoes sell, and if beer sells - then, and only then, will some people from these latter industries be tempted to buy a plasma TV. Thus, what Say's Law actually means is:

The sale of X gives rise to the demand for all non-X.
If X sells, it creates the demand for all non-competing goods.

So, if you want increased demand for your plasma TVs, don't go to The State asking for a monetary stimulus. Instead, make sure all those who do not compete with you are selling their stuff.


There is another reason for this: If you ask The State to inject a monetary stimulus, all that will happen is another boom-bust cycle - and inflation. The entire economy will be hurt, including yourself, and including all those who do not compete with you.


On the other hand, if you want those industries that do not compete with you to do well, you will NOT favour loose monetary policies based on the false idea of boosting consumption. Rather, you will realise the importance of SAVING and INVESTMENT. You will realise that these businessmen who do not compete with you will need to save and invest - in order to produce. You will favour "capital accumulation" and despise "capital consumption" - which is Keynesian-welfarism-inflationism. You will champion "sound money."  


That is, you will realise that production of goods and services boosts demand - not the production of money. Indeed, not even the production of gold boosts demand. All that happens then is that the price of gold falls - look at the history of Spain and Portugal when they brought gold and silver back to Europe from South America. Spain and Portugal never got rich. And there was inflation throughout Europe. Britain got rich not by digging for gold and silver - but by trading in nutmeg and pepper, and tea, and opium, and tobacco, and sugar, etc.

Increased production of "funny money" is a VERY BAD IDEA.

Thus, Nick Gowing is WRONG when he asks for "more decisive political leadership." The solution does NOT lie in politics. On the contrary. The solution lies in "private money" - and "free banking under law." 


That is: the size, scope, powers and resources of The State and the politicians must be drastically cut down. Money must be given back to the people - to save and invest, to produce. That is how demand can be permanently boosted and boom-bust cycles avoided forever.


Indeed, the current crisis is BECAUSE OF POLITICS. Central banks and their member banks are collapsing. Politics lies at the root of this crisis.


So, let us NOT GET FOOLED. 


Paper notes are just a "money substitute." This is what the "promise to pay the bearer" indicates. Something "hard" is (and always was) real money - GOLD.


So, as the song goes:


I tip my hat to the New Constitution,
Take a bow for the New Revolution,
Smile and grin at the change all around me,
Pick up my guitar and play,
Just like yesterday,
Then I get on my knees and pray:
WE DON'T GET FOOLED AGAIN!




While that covers widespread miseducation in the USSA, Britain and Germany, let us now turn to our own country.


Did you know that both Amartya Sen and chacha manmohan s gandhi were students of Professor Joan Robinson in Cambridge - who was Keynes' right-hand man, and who made it her "mission to destroy Say's Law"? It was Joan Robinson who cleverly coined the "supply creates its own demand" nonsense.


And, as I wrote the other day:


Without Sound Money - what is the State 
but a band of robbers?

That should take care of Kapil Sibal's "(mis)education."


Let us now turn to Palaniappan Chidambaram, the Central State Police Minister, whose name has cropped up in the 2G scam. There is a report written by the Political Editor of The Sunday Guardian that says that in the Nira Radia tapes, A Raja told Radia that "PC got a lot of money."


The Central State's Police Minister is corrupt?


And he has been police minister since the 1980s - and there have been no police reforms. Policing has just got worse. Now, road deaths total over 2,00,000 per annum - and the police don't even possess the "knowledge" to fix things.


We must ABOLISH THIS STATE. And replace it with honest civic corporations - one in each city and town.


A Second Republic!


A Republic WITHOUT any police - like the England of old, before Peel set up the Bobby. Like India of the Company, before the Crown passed the Indian Police Act in 1861.


TORTS - which are "crimes against the individual" and for which financial compensation must be paid by the tortfeasor to the victim: this will be better than any "criminal justice system." Anyway, ours doesn't work. And the minister is corrupt. Indeed, the Entire System is Corrupt.


So let us vow to throw the whole thing out, beginning with the Central Bank, and ending with the State Police.


Liberty! Property! Justice! The Pursuit of Happiness, Subjectively Defined!


WE DON'T GET FOOLED AGAIN!


(This turned out to be a 5-part series on Say's Law. The next post can be read here.)

Friday, September 23, 2011

The God That Failed: Take #2


Democracy is also a form of worship. 
It is the worship of Jackals by Jackasses.
—H. L. Mencken

Democracy has been the recipient of many an abuse - perhaps none greater than PJ O'Rourke's Parliament of Whores, though that is an insult to whores, who, unlike parliaments, do not fuck you by force.

Today, this very same parliament has been heaped with abuse in this LRC post by Laurence Vance titled "The US Congress Contains the Biggest Bunch of Buffoons, Idiots and Morons in the World." 

The subject matter pertains to Google, because of whom we all enjoy so many free facilities, and who are now  being accused of being "monopolistic and violating anti-trust laws." Well, if you download Google Chrome, before installation you have a choice of three search engines. Monopolistic?

Anyway, which libertarian believes in busting monopolies by anti-trust legislation and competition commissions? What did MRTPC ever achieve in socialist India? And, as I discussed yesterday, it is State-owned Air India and BSNL that offer the private sector "unfair competition."

What is required is openness to entry by new players - which is how Microsoft's Windows Explorer got busted by Mozilla and Google Chrome.

Yes. The US Congress is nuts. And, incidentally, they are very corrupt as well.

Let us turn our attention to UK. Here is how a post from Andy Duncan's "The God That Failed" blog begins:

It would seem that as we enter the ‘idiot’ season, in which various British government halfwits (a.k.a. politicians) have pontificated on the need for more ‘stimulus’ – because previous attempts at ‘stimulus’ have been so successful – this country is standing at the edge of an abyss of debt collapse.

When will we learn that those who rule us are morons? 


Do read my comment at the bottom - about a moron I saw on BBC, which is "State-owned broadcasting." Like Pravda. Doordarshan. All India Radio. Ha ha. Poor Brits. "Thought Control" writ large.


And there is worse: The very next post says "UK QE to resume in October." Well, Keynes was English, so whaddya expect? Morons.



And now, let us turn to our morons, "socialist planners." Our Great Leader, the socialist-welfarist-democrat, chacha manmohan s gandhi, is concurrently Chairman of the Planning Commission, and this Very Important Department of our The State has got its knickers in a twist over "measuring poverty." Is 26 rupees a day poor, or is 32 rupees? And what about inflation, etc.? 


The fuss is all about welfare - the "right to food," by which this The State will mail parcels of uncooked grain to the well-measured poor, while street vendors who sell cheap cooked food are preyed upon by both policemen as well as municipal functionaries.


The Predatory State pretending to be a Welfare State.

I suggest these people look at the Corruption Perceptions Index of Transparency International. India is ranked 87/178 with Albania, Jamaica, and Liberia, with a score of 3.3 out of 10!


And I suggest my readers read the World Economic Freedom Index, from the Heritage Foundation, which finds India "mostly unfree," ranked 124/179, below Pakistan, Malawi, Tonga and Benin!


Also, read this analysis of the Economic Freedom Index from the Mises Institute. They are also offering an online course on the importance of Economic Freedom.


Democracy: The God That Failed; The Economics and Politics of Monarchy, Democracy, and Natural Order by Hans-Hermann Hoppe is a MUST READ. Buy it in India here.


Unfortunately, Hoppe does not write much about the "Natural Order": for that, read my eponymously titled book available as a free download on the right-hand bar.


Natural Liberty

Natural Order

Natural Justice