Here is some humorous commentary on central economic planning that used to circulate in socialist Czechoslovakia’s “underground” (i.e. where the 99% lived). It strikes me as being eminently applicable as we watch Obama try to implement central planing in the U.S.
The Five Stages of [Central] Planning
1. Pre-project ecstasy
2. Reality-imposed sobriety
3. Search for guilty parties
4. Punishment of innocents
5. Rewarding individuals who had nothing to do with it
Now, think of the thousands of “shovel-ready projects” that Obama’s “dream team” planners, still in the grip of profound Stage 1 intoxication, had told us were “out there.”
Plus ça change, plus ça même chose…
Anyway, the question, then and today, is how anyone can think that he/she/it can encompass and understand, let alone control such a vast and chaotic system as the economy of a nation. Fortunately, we do know the answer to that. It is the ultimate form of greed: namely insatiable hunger for unchecked power over others, driven by intellectual arrogance and fed by demiurgic ideology.
The second – and more immediately relevant – question is: how do we protect ourselves from such arrogance, and the dictatorial violence that accompanies it wherever it goes? The answer to that lies in the polling place, that “inconvenient booth.”