RE: Big Government Is the Cause of Economic Inequality and Not the Solution.
Great post, as always.
It's so depressing to see younger people fall for the seductive lie of collectivism. As Frédéric Bastiat said, government is the great fiction by which everyone tries to live from everyone else (I'm paraphrasing). It's a fools paradise offered by politicians, that you can live of the backs of others. But in Europe, this destructive belief is adhered to righteously, with an almost religious vigour. You try telling the average Briton that there should be no welfare or NHS. To say such a thing is to break a great taboo in that society, you can feel the atmosphere of the room descend by several degrees when such ideas are suggested. It is society wide cognitive dissonance. People will continue to vote for these impoverishing and Orwellian ideas, and so we have a system that can't correct itself. This is why I moved away from Europe, and neither I nor any of my capital will be returning to that continent any time soon.
@bayon It is very frustrating that so many people still buy into the great fiction as Bastiat once said.
Although it's important to remember that every young generation has been left wing. It is nothing new for naive young people to be tempted into collectivism. Millennials are no more left wing than the generations before us.
Good analysis though, followed.
You're right, and if I'm to be honest, I would have fallen enthusiastically for these ideas too when I was at university.
Well said! Couldn't agree with you more there