Acton Institute | Rev. Robert A. Sirico | Nov. 5, 2008
What more proof do people need in light of the historical record that bureaucratic interventionism – I may as well say it out loud – socialism – is not the cure for what ails us but bad medicine, a poison that more and more is the principal thing that does ail us. And this medicine is precisely what has been prescribed, merely in various disguises, by almost all political leaders. Even people who have professed a free market orientation seem to have fallen prey to Bastiat’s aphorism that everybody has the illusion they can live at everyone else’s expense, without remembering that sooner or later the pocket in front of you will be empty as well. When the economic preoccupation is redistribution of wealth, rather than on removing the barriers to its production, we are in a precarious and increasingly vulnerable position. [Read more…]