Frederic Bastiat (1801-1850) was a French economist, statesman, and author. He did most of his writing during the years just before - and immediately following -- the Revolution of February 1848. This was the period when France was rapidly turning to complete socialism. As a Deputy to the Legislative Assembly, Mr. Bastiat was studying and explaining each socialist fallacy as it appeared. And he explained how socialism must inevitably degenerate into communism. But most of his countrymen chose to ignore his logic.
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Fiddlers 20 from Fiddler magazine
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[image: fiddlers20_th]Fiddler magazine has come up with a unique way to
celebrate their 20th year of publishing. They have released a retrospective
CD/book...
10 years ago
1 comment:
The biggest problem captialism has is the tendency of humans to pull down those that excell so that no one rises above them. it's just human nature. Having said that, at least most people have learned that communism just ends up spreading misery equally in a theoritically fair way. It was however totally inefective in advancing the human condition. ken
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