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Sunday, May 16, 2021

On Hayek's yellow brick road to state domination.

Covid Dicatorship is built on State ownership of the economy, and your body.

by StFerdIII


Two trends in the past 60 years have eradicated much of what made Western Civilisation supreme.  One, is the massive scaling of government at all levels, including the international.  Within the never-ending avalanche of aggregated government power, oversight, ministries, agencies, commissions, international agreements, along with exponential tax, spend and debt accumulation, the creation of a scientocracy, basing all decisions and systems on ‘data’, or ‘the science’ has effectively rendered common sense, self-appraisal and debate redundant and impossible.  The great mass of Covid-jabbed and masked sheep for example, against all real science, evidence, history and common sense, typically invoke the magical demi-gods of ‘science’ or ‘following the experts’ to explain their superstitious irrationality. 

 

The second trend has been the outsourcing of health to socialised health systems, in which the individual’s body now becomes a core concern of the state.  When that happens there is no argument against even the most intrusive statism designed to protect ‘health’, ‘safety’, or the ‘common good’.  In the UK for example the 1998 Human Rights act is basically nullified by the Orwellian Health Act of 1984 (yes that is the year), in which governments per this act, can impose whatever restrictions, laws or coercion is deemed necessary to ‘ensure’ communal health or individual safety.  In this vein, the Covid hysteria, the fascistic lockdowns, demands to ingest experimental drugs, the wrapping of cloth over people’s faces, the distancing, the shuttering of life and society, is an inevitable consequence of vesting the state with your health and outsourcing all responsibility including that of being properly informed about the rudiments of good health, including vitamins, exercise, proper unprocessed food diets, sleep and a balanced existence. 

 

The only outcome of such a mathematical increase in government has always been the establishment of state power to such a degree that people will actually demand and even vote for, a rapid decline in all varieties of freedom. This includes the choice of 'energy' usage, choice of gender, free speech, travel, making a profit, or even what to say and think.  Soon critical thinking will be declared optional. Hayek's road to enslavement, which was already well underway long before the Covid ‘pandemic’ with its death rate (if you believe government numbers of 0.45%), will be paved with yellow bricks of paternalistic rhetoric, and 'compassionate' plans as governments assure that they, and only they can 'save us'. We will retard our political-economic development by 80 years or more, if this process at the aggrandizement of the endless state, is not stopped and rolled back.

 

Government spending, printing and debt accumulation ensures future ‘economic bubbles’.  These ‘bubbles’ greatly affect the ‘average person’.  The wealthy, the plutocrats, the government kleptocracy are always unaffected.  Negative real rates, debased currencies and economic dislocations caused by Corona, will build up unnatural pressures into a bubble economy, including high inflation, with lower real wages and higher prices as result. 

 

Similar processes distorted the English market economy in the early 18th century during its 'South Sea bubble'; that of France at about the same time during the 'Mississippi Land Scam'; and that of Holland in the 17th century during the 'Tulip bubble' in which a tulip bulb would have the same value as a small village. Government's culpability in forcing up land prices through speculation and greed, and unfettered immigration, is something rarely mentioned today. Artificially increasing immigration to grow a state’s tax base, allied with an array of subsidies, programs, and government sponsored lending is the main fact in creating and distorting the basic functioning of a proper land prices, premised on normal supply and demand conditions. Governments have destroyed that normalcy and now land prices are disconnected and unhinged from real wages and salaries, with a 10 to 1 ratio (house price to average single income), normal in most Western countries. 

 

As the Catholic historian Hillaire Belloc stated so accurately: “The control of production of wealth is the control of human life itself.” Indeed, it is. The state owning wealth, capital, banks and the means of production ensures that the individual loses his status of freedom and becomes merely a worker for the state, an individual no longer, but a knave supporting government policy and preferences.

 

Hayek knew that economic motives, whatever they might be, were not in themselves the reasons why people did things. These 'motives' were simply used to achieve something else. A nicer home, some savings, a good education for the children, a trip to somewhere exotic and the specie of money was a liberating factor, not only in consumptive choice, but in supplier innovation and technical advancement.

 

“It would be much truer to say that money is one of the greatest instruments of freedom ever invented by man. It is money which in existing society opens an astounding range of choice to the poor man – a range greater than that which not many generations ago was open to the wealthy.”

 

In the longer-term, nominal and real state control over banks, capital and vast areas of the economy will decrease the economic motive in society, which leads to a reduction in product innovation; supply, consumer choice, wages and ultimately in the ability of society to help the poor raise themselves up to a higher level. Controlling money and capital is one of the essential elements in a plan of communalism embedded in state control and state culture. Once the government gains control over production and money, it does not easily relinquish it.  The same is true of course for health care.  Once the government controls the supply and rationing of health care based on exorbitant and hidden taxation (hence the delusion that socialised health care is free), the individual loses access to productive alternatives, technology and timely supply of services.  There is a very large cost markup, and resulting decline in real service and outcomes, in having the state manage health.

 

Hayek sums up the danger best, “Economic control is not merely the control of a sector of human life which can be separated from the rest; it is the control of the means for all our ends.” 

 

This observation is undoubtedly true.  When governments own 50% of the economy, subsidise ‘news’ organisations; have ‘relationships’ with the Pharmaceutical industry and have a monopoly or close thereto over your health, the implementation of a Corona-Medical fascism is rather easy.