Quote:
Originally Posted by Bilge_Rat
I would be more inclined to say it is an utopian idea in the sense that it could theoretically work if everything falls into place exactly as Hoppe theorizes.
However, utopias have a hard time in the real world. Classical Marxism, as theorized by Marx in the 19th century, also theorized a utopian post-capitalistic world where the state would wither away and each person would work in accordance to his/her skill and receive based on his/her needs. We all know what happened in practice...  |
I said it three times, and already in the very first post I ever made about a wekk ago or so: Hoppe is best in analysing and doing a diagnosis. The symptoms and their causes as he can link them with empirical data on development of taxes, national wealth distribution, demography, social statistics and especially financial budgets, is compelling. The causal links he identifies he sees as causal relations for very good reason which he can explain absolutely logical and realistic. It makes frighteningly much sense. I agree with you that the alternatively he offers, is kind of an idealistic utopia. It hints at a direction where the voyage should go, but whether it will go there for sure, I have very strong doubts. But his ideas for an altenrative, I admit that, make more sense than what I ever was able to imagine - I failed in leaving the old conceptions behind, and that is why my own ideas probably would have been guaranteed to fail. In absenc eof any better offer, I tend to agree with Hoppe'S alternative, therefore.
One thing is certain: the mess we are in now is seld-made, and what has brought us here is right what most people no want to be put to the extreme: more poison should heal from the poison.
We will hit the hard thick wall sooner or later, we are heading right for it on the shortest and most direct path, with pressed-down pedals. That impact not give us back "health", but at least it will show us the nature of the poison we crave for. Just that then it will be too late.
The unfolding of the disaster in the EU and the Eurozone, is a textbook example for Hoppe's diagnosis.