FEE’s Tom Mullen writes, “The 20th century was a period of startling technological advancement. Compared to the lifestyle of average people in 1925, most of human history before that time amounted to what we’d now call ‘camping.’

There was a brief pause in America during the 1920s, but overseas the anti-capitalist mindset ran rampant. The consequences were disastrous. https://t.co/ftbn9Sck8x

— FEE (@feeonline) November 8, 2021

Just 30 years earlier, most people traveled on foot or by animal power, except when taking trains. They lit their homes with candles and provided themselves with heat mostly by burning wood, just as their prehistoric ancestors had. They went outside to use the bathroom. They died from diseases we brush off today with a 10-day regimen of pills.

The technological explosion in the early 20th century had its roots in the 19th, when what used to be called liberal values informed the Western world. By ‘liberal,’ I mean individual liberty, free markets, and limited government.”

Read the entire column.

The post The anti-capitalism of the 20th century is back. Will the story end the same? appeared first on Liberty Tree.

FEE’s Tom Mullen writes, “The enemies of freedom think strategically. That’s why they’ve been winning for the past century or more. When the TARP bailouts occurred, there was a loud minority on the pro-market side saying, ‘let these corporations go bankrupt. Let the market work.’ That those statements are a matter of record is a thorn in the side of the interventionists.

This time around, they would like nothing better than to have even the most uncompromising advocates for laissez-faire on the record supporting anti-trust laws or other government interventions. That would take laissez-faire off the table forever in terms of future debate regarding private property and freedom vs. central planning and state intervention.

The answer to grotesque economic outcomes is not more government intervention. https://t.co/Smr1LqeIgW

— FEE (@feeonline) October 12, 2021

Don’t give the central planners that win.

The answer to grotesque economic outcomes is not more government intervention. The answer is to allow for a market-based monetary system (repeal capital gains taxes on competing currencies like precious metals and crypto), prohibit future bailouts, and repeal the New Deal root and branch.”

Read the entire column.

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