Download PDF Version June 21, 2019
American citizens along with the rest of the world’s population are in serious danger. Danger from outright violence is present of course. Economic danger is present, growing and certain to increase. In the face of this there is a genuine lack of awareness of the gravity of the situation. There is a black out of any relevant non superficial news. There is little concern and little meaningful information available that might make folks concerned.
For the most part Americans are used to the way the system is currently. The economic conversion began occurring with the Reagan stimulus of the 80s and has continued uninterrupted through every administration since and is ongoing in the Trump administration. In just over forty years, the United States economy has abandoned its free market realm. Today economic outcomes of people and institutions are determined by political power instead of what is individual and has utility to society. It is a huge disadvantage to everyone that as destructive as the emerged system is, people see it as normal and are not concerned. They should be.
Economic intervention and central economic planning has destroyed our economy. While Americans are well fed, warm and comfortable, success without political power is completely illusive. There are opportunities but they are hard to find. By opportunities, I don’t mean chances to work in a phone bank or to flip burgers.
Principles of democracy are failing. It was easy to notice that during 2008, the TARP bill was passed over the loud objections of citizens. Since that time more and more legislation has been passed over the objections of the population. There is a huge danger in that alone. The biggest danger though is that ordinary people do not mind.
Unless ordinary people take control of government our political system and our way of life are going to collapse. Why will it all collapse? Our system was designed to work with ordinary people in charge. If ordinary people won’t take control, it is going to fail and there won’t be a United States of America where people can brag about being free.
The system is very close to collapsing now. Even ordinary people are unwilling to accept decisions generated by the democratic process. That alone is enough to usher in totalitarianism. When people are looking for a dictator to rule them one will emerge. Aspiring dictators always abound. Only popular sovereignty can prevent a dictator from taking over. Rejecting popular sovereignty and outcomes of the democratic process is killing the country off.
My advice to each person is to start hunkering down because every man for himself is the situation we are entering into. Move these discussions beyond the echo chambers which is what Fantasy Free Economics is part of. Thank you for reading. I know I am preaching to the choir. The choir is not big enough and it will be productive if we all start trying to recruit new members.
The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do not list blogs which disagree with their political agenda. As long as folks share the link to this blog and others speaking out against the grain, the truth will at least trickle into the public consciousness.
Fantasy Free Economics recommends the following blogs.
Woodpiler Report Of Two Minds Liberty Blitzkrieg Mises Institute Straight Line Logic Paul Craig Roberts Straight Line Logic