Rothbard on Why the Right Talks about Free Markets

Just in case you didn’t get to the end of this wonderful article by Murray, please have a look at this point that just about knocked me out of my chair when I read it. The explanatory power is striking. He addresses why it is that the conservative Republicans like to talk about free markets, cite Mises and Hayek, proclaim devotion to laissez-faire capitalism but somehow never get around to doing anything about it.

Have a look:

In domestic affairs, the free-market rhetoric has become simply that: after-dinner talk carrying no enthusiasm or true conviction. Indeed, the promise of laissez-faire now performs the same function for the new American Right as the promise of unlimited abundance under communism did for Stalin. While enslaving and exploiting the Soviet people, Stalin held out a splendid future of utopian abundance that would make current sacrifices worthwhile.

The present-day Right holds out the eventual promise of freedom and the free market after communists shall have been exterminated. If there are any survivors emerging from their civil-defense shelters after the holocaust, they will presumably be allowed to engage in free-market activities, provided, of course, that some other “enemy” shall not have raised its head in the meanwhile.

Click here to read the entire article…

Technorati Tags: Abundance, Addresses, article, Civil Defense, Communism, communists, Current, Devotion, Domestic Affairs, Free Markets, Holocaust, laissez faire capitalism, look, Murray, People, Present Day, Promise, promise of freedom, Republicans, Rhetoric, sacrifices, Stalin, Survivors, true conviction

Related posts:

1. Rothbard on Why the Right Talks about Free Markets
2. Transformation of the American Right
3. Peter Schiff talks about free markets – Resource Investor
4. By the Way, Free Markets Are Free
5. Rothbard and the Post-High-Tech Meltdown

Tags: Abundance, Addresses, article, Civil Defense, Communism, communists, Current, Devotion, Domestic Affairs, Free Markets, Holocaust, laissez faire capitalism, look, Murray, People, Present Day, Promise, promise of freedom, Republicans, Rhetoric, sacrifices, Stalin, Survivors, true conviction

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