The United States Is Already At Least As Socialist As Denmark

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To be, or not to be Denmark? That, apparently, is the question for Democratic presidential candidates.

Perhaps unexpectedly, the beautiful northern European country of Denmark emerged as a topic of conversation during this week’s Democratic Party presidential debate. The small Scandinavian monarchy plays an important role in progressive mythology. It is a place many liberals want America to become, and both Bernie Sanders and Hillary Clinton sung its praises during the debate. A closer look at Denmark’s public policies is, therefore, warranted. It yields some surprising results. Continue reading

A Shift in the Global Energy Balance

Big changes are already underway in the global energy sector. And some of these changes are contrary to previous expectations. What we now realize, once again, is that capitalism works. Capitalism has always solved our most basic problems. Even now it is solving our energy problem.

Four years ago Russia was the rising powerhouse of global energy production. Marshall I. Goldman’s 2008 book on Russia was titled Petrostate: Putin, Power and the New Russia. As Goldman explained, “Russia … finds itself in a newly assertive, even dominant, international position. Its emergence as a new super energy power overlaps with the weakening of the United States as we have squandered our … resources in Iraq.” But Russia’s energy sector has always been a state-manipulated behemoth with serious problems of its own. Continue reading

Economic Freedom and the Leftward Drift

Of course, the United States is yet a free country (mostly free, according to the Heritage Foundation); though it cannot be denied that we are “on the road” to serfdom, slowly but surely. Social spending is going to grow because people are going to avail themselves of the government’s “bounty.” Instead of the law of supply and demand, there will be a law of increasing demand for government programs and government money. Already many Americans prefer dependency and entitlement to economic freedom; and this preference will have catastrophic consequences for the country – and may spell the end of liberty.

To quote from Kim Holmes and Mathew Spalding’s Why Does Economic Freedom Matter, “America’s founders knew that liberty is about more than just securing political freedoms. True liberty requires economic freedom – the ability to profit from our own ideas and labor, to work, produce, consume, own, trade, and invest according to our own choices.”

Full article: Economic Freedom and the Leftward Drift (JR Nyquist)