'Be open minded and curious about socialism', they say. 'Don't be dogmatic', they say. Apparently those who oppose socialism haven't read the literature and is dumb and illiterate.
How about lived experience?
The first prime minister of India was a Fabian socialist. So was his daughter, who was an influential prime minister that went full-blown socialist at one point and nationalised the entire banking system and even briefly suspended democracy. She even unconstitutionally inserted the word 'Socialist' in the preamble of the country's constitution, which means libertarian or classical liberal parties could be deemed unconstitutional.
The country has never known an era without the existence of government monopoly of money and central banking. It has not experienced classical liberalism or neoliberalism on the economic front. It was being exploited and plundered during the European enlightenment era. It has not known an age without taxes. Property rights, leave alone natural rights are almost non-existent socially, politically or legally.
The very first amendment to the constitution infringed upon its people's fundamental rights and introduced the non-sensical concept of being subject to reasonable restrictions.
The country's economic history has been filled with theft of private property, wealth and resources by the government in the name of social justice, wealth redistribution, demonetisation, anti-corruption, economic equality, infrastructure development and national security.
The country had a brief period between 1991-2011 when meaningful free market reforms took place, which is the reason we have had a semblance of economic growth. They did not go far enough and failed miserably.
The current prime minister who is supposedly 'right wing' and extremely popular is also a socialist if you take a look at his economic policies. Freebie, subsidies, high debt and rampant spending is the norm.
Possibly the only good free market legislation in the farming sector his government passed was repealed. They didn't follow proper democratic processes and actually explain it to people, resulting in widespread protests. They have failed to privatise or disinvest at an impactful rate and have filled the upper echelons of the state and party machinery with a bunch of Yes Men.
Majority of the country continues to rely on Government handouts, while those who are productive get their incomes stolen.
Nobody knows what the actual inflation rate is. But everybody knows that everything is getting expensive.
Corporatism is rampant. Regulatory capture is obvious. Companies that aren't friends with the ruling disposition get selectively raided for tax violations by government agencies.
Early-stage companies in a handful of cities in a handful of industries receiving foreign VC money during an environment where interest rates were artificially low or even negative in their countries is not a meaningful indicator of economic growth or prosperity.
Neither is an incomplete metric like the GDP whose measurement methods are constantly tweaked and obfuscated.
People are suffering and the widely-held belief is one of delusion as a result of mainstream media psyop or resignation as a result of understanding the misaligned incentives to change.
The current opposition is also openly socialist, constantly calling for more government spending, subsidies and affirmative action.
There is no social, legal or political movement that has individual liberty and economic freedom as its raison d'etre.
Anyone who calls themselves a liberal is a closeted statist who only want to use the legal and political system to coerce people into abiding by their vision of the world.
'Open-minded'.
Sure. Thanks. I'll keep that in mind.
I've experienced Socialism enough to know that it is demoralising, inefficient, divisive and demeaning to human nature and its aims of life, liberty and property.
Bitcoin is the way.
Capitalism is the way.
Freedom is the way.
Libertarianism is the way.
I will die on this hill.
Sachin
npub1xn…43qnl
2024-08-29 04:39:32
Author Public Key
npub1xnc64f432zx7pw4n7zrvf02mh4a4p7zej3gude52e92leqmw8ntqd43qnlPublished at
2024-08-29 04:39:32Event JSON
{
"id": "572e6f0bb5527ccc50c12c9592f76367ab5749ce35258a85cca4e4270cad129b",
"pubkey": "34f1aaa6b1508de0bab3f086c4bd5bbd7b50f8599451c6e68ac955fc836e3cd6",
"created_at": 1724899172,
"kind": 1,
"tags": [],
"content": "'Be open minded and curious about socialism', they say. 'Don't be dogmatic', they say. Apparently those who oppose socialism haven't read the literature and is dumb and illiterate.\n\nHow about lived experience?\n\nThe first prime minister of India was a Fabian socialist. So was his daughter, who was an influential prime minister that went full-blown socialist at one point and nationalised the entire banking system and even briefly suspended democracy. She even unconstitutionally inserted the word 'Socialist' in the preamble of the country's constitution, which means libertarian or classical liberal parties could be deemed unconstitutional.\n\nThe country has never known an era without the existence of government monopoly of money and central banking. It has not experienced classical liberalism or neoliberalism on the economic front. It was being exploited and plundered during the European enlightenment era. It has not known an age without taxes. Property rights, leave alone natural rights are almost non-existent socially, politically or legally.\n\nThe very first amendment to the constitution infringed upon its people's fundamental rights and introduced the non-sensical concept of being subject to reasonable restrictions.\n\nThe country's economic history has been filled with theft of private property, wealth and resources by the government in the name of social justice, wealth redistribution, demonetisation, anti-corruption, economic equality, infrastructure development and national security.\n\nThe country had a brief period between 1991-2011 when meaningful free market reforms took place, which is the reason we have had a semblance of economic growth. They did not go far enough and failed miserably.\n\nThe current prime minister who is supposedly 'right wing' and extremely popular is also a socialist if you take a look at his economic policies. Freebie, subsidies, high debt and rampant spending is the norm.\n\nPossibly the only good free market legislation in the farming sector his government passed was repealed. They didn't follow proper democratic processes and actually explain it to people, resulting in widespread protests. They have failed to privatise or disinvest at an impactful rate and have filled the upper echelons of the state and party machinery with a bunch of Yes Men.\n\nMajority of the country continues to rely on Government handouts, while those who are productive get their incomes stolen. \n\nNobody knows what the actual inflation rate is. But everybody knows that everything is getting expensive.\n\nCorporatism is rampant. Regulatory capture is obvious. Companies that aren't friends with the ruling disposition get selectively raided for tax violations by government agencies.\n\nEarly-stage companies in a handful of cities in a handful of industries receiving foreign VC money during an environment where interest rates were artificially low or even negative in their countries is not a meaningful indicator of economic growth or prosperity.\n\nNeither is an incomplete metric like the GDP whose measurement methods are constantly tweaked and obfuscated. \n\nPeople are suffering and the widely-held belief is one of delusion as a result of mainstream media psyop or resignation as a result of understanding the misaligned incentives to change. \n\nThe current opposition is also openly socialist, constantly calling for more government spending, subsidies and affirmative action.\n\nThere is no social, legal or political movement that has individual liberty and economic freedom as its raison d'etre. \n\nAnyone who calls themselves a liberal is a closeted statist who only want to use the legal and political system to coerce people into abiding by their vision of the world.\n\n'Open-minded'.\n\nSure. Thanks. I'll keep that in mind.\n\nI've experienced Socialism enough to know that it is demoralising, inefficient, divisive and demeaning to human nature and its aims of life, liberty and property.\n\nBitcoin is the way.\nCapitalism is the way.\nFreedom is the way.\nLibertarianism is the way.\n\nI will die on this hill.\n",
"sig": "6a49f289bc334eea180aea346d444ead21eb5f2751c1e9ce31df6a140b8c99f6a22cd259b0f3c3e8721eafc0283e9846ac8c0ee3d51211b101a723864860eed9"
}