[ExI] Belief in Market Efficiency

[painlord2k at libero.it]

Il 01/02/2009 4.12, Damien Broderick ha scritto:
> At 06:01 PM 1/31/2009 -0800, Spike wrote:
>
>> the USA seems to be
>> charging in the direction of European socialism at such an alarming rate
>
> In order to try desperately to fix the mindboggling clusterfucks caused
> by ruinous American non-socialism, right? No, sorry, that was all caused
> by US socialism, I keep forgetting.
>
> Is European socialism anything like Canadian or British or Australian
> "socialism"? Having lived most of my life in one of those very largely
> market-oriented nations, I find that label curiously misplaced.

Damien I live in one of these "largely market-oriented nations".
Sure, they are more market oriented in many ways in respect of other 
nations, but they were much more marked oriented in the past than they 
are now.

For example, Italy (where I live) were much more marked oriented in the 
from the 50 to the 70, when large part of the economic growth happened.
When the governments started to add reforms after reforms to enlarge the 
welfare, enlarge the health services, bailout of industry after industry 
and services after services, put limits and rules on how people can 
work, and so on, the consequences were a continuous reduction of the GDP 
growth, enlarged public debit, higher taxes and unemployment for the 
younger, the women and the disadvantaged ones.

Do you want argue how much smarter, better, more intelligent, more 
honest are the politicos in charge today in the US?
Do you are sure they will do it right, this time?

Do you don't like the label "communist" or "socialist"?
Mises used another label for what you support and is "statism".
Statists will come in many fashions like communists, socialists, 
social-democrats, fascists, islamists, and so on. What don't change is 
that they can not compute the value of the goods, services and life of 
people. They destroy the social cooperation and the fabric of the society.

The politics you advocate are statism. Pure, simple statism.
You are free to put any label you like on it. The wine will be the same, 
whatever the bottle or the label is.

Mirco