I only saw two episodes of the BBC Moneymasters series with Stephanie Flanders,one on Hayek the other on Marx.It was noticeable that she was enamoured of the latter and not the former, quelle surprise.The fawning tone was vomit inducing.So many on the left are Marxists under the skin, believing that his theory - which has been exploded by countless folk - holds the key to the money problem.
The worst aspect of this is that the whole programme was based on a false premise namely that it is the capitalist system that is in crisis.This is factually incorrect and fallacious.The mixed economy is in crisis.If capitalism in the undiluted laissez faire form ever existed it was eroded and etiolated from the late 19th century onwards incrementally to the present day where we have a full-blown mixed economy.
Once this is grasped -and it is a palpable fact that we do have a mixed economy, the whole assault on capitalism is exposed as a act of dishonest deception and cynical opportunism by the Left.In a real capitalist system there would be no bailing out of banks for a start.There would be no taxation and no welfare state etc etc.
No,this is in no way shape or form capitalism and it is the failure of the media and education system, both captured institutions by the Left,that has deliberately prevented people from grasping this.
Friday, October 05, 2012
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