We have two choices: totalitarianism and a command economy, or freedom and capitalism. From Claudio Grass at claudiograss.ch:
“The more we gained knowledge of these new totalitarian systems of mass-rule, the more we realized not only their similarity of structure, but also the fact that we had to do with a type of dominance that had been known in earlier epochs. We discovered that what the ancients called “tyrannis,” or ‘cheirokratia,” what Sulla or the tyrants of the Italian Rennaissance had practised, and what finally alarmed the world in the French Revolution and under Napoleon, had surprisingly many similarities with modern totalitarianism, although this latter had elements with which they cannot be compared, and although it possessed means of domination unknown in past ages.”
This is an old quote I very much admire, it is as relevant today as it was in the past. History does not repeat but it does rhyme. Therefore, I believe it is fair to say that the world has already changed tremendously over the past few months in an irreversible way. The current central planners are already promoting the future reality they have in store for us – to let the old economy and system crash and prepare for government-controlled and planned transition into a new economy that is “green and emission-free”. The new Modern Monetary Theory (MMT) is ready to finance this “man-made paradise” that we have analyzed in detail in the previous two issues of this magazine. The digitalization shift that occurred over the last 20 years also massively contributes and accelerates this process.
Of course, this technology, like any other, can be used for good or evil, for decentralization and increased independence, or for the concentration of power in the hands of the few and for the exertion of control over everyone else. The government naturally prefers the latter, as it recognized its practical value. We see real-life implementations of this more and more over the last few years. The establishments and promotion of “anointed experts”, who practice the art of divination while playing God and making decisions “for the greater good”, will inevitably lead to a relentless technocratic system of governance, if it hasn’t already, where individuals as treated as units, to be counted and to be tallied, in a vain attempt to forcefully balance a meaningless equation.
In the end, and this must be clear by now, this path leads to the full-scale nationalization of the private economy, to a system without private property rights and without individual liberty. The political measures in connection with the Corona crisis have already served as a preview to that bleak future. They also highlighted that the greatest losers in that system are the poorest, the weakest and the most marginalized among us, as low-income workers and small business owners were the hardest hit by the lockdowns and the shutdowns and they’ll be the last to recover, if they recover at all, which seems increasingly unlikely.