"There are moments in history when a civilisation must choose its future.
"We have been told that the State is our protector; that bureaucrats are our saviour, and that politicians know more than the free man. That we must obey, that we must depend.
"But the truth is different.
"The world only has two types of people: those who live off what others produce, and those who produce everything that makes modern life possible.
"The former draft regulations, the latter create wealth. The former promise [to equalise everyone], the latter generate prosperity. The former spread poverty, the latter multiply abundance.
"The real battle of our time is a cultural one, is a philosophical one, is a moral one.
"That's why we chose the system that lifted millions out of extreme poverty: free-market capitalism.
"Because you don’t negotiate freedom, you defend freedom."
~ Argentine President Javier Milei from his inauguration speech 'Moral Values as State Policy'
1 comment:
Two types- productive and unproductive. Apply Price's Law to your population of 5.4 million people living it up. Result: Just under 97% of the productive output of the entire nation accomplished by 11,614 people.
Socialism is unsustainable because it steals the output of the productive and distributes it to unproductive. Eventually productive resource is exhausted. What then?
Henry J
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