Essays

Jeffrey Tucker: We’re All Edward Snowden Now

"In the course of only a few decades, everything unraveled. The monopoly over communication that the government once maintained had been completely smashed. This situation has persisted for about 15 years — a near-anarchist paradise of human sharing and interaction through technological innovation. What’s going on today is really the reaction and response by the elites. They want their power and control back. They are trying to get it through the oldest form of government control surveillance and the blackmail that comes with it. It’s the tactic guards used to control prisoners. It’s the tactic government is using to fight its way back toward having control over our lives." Continue reading →

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Elysium: The Technological Side of the American Police State

"While much has been said about Blomkamp’s use of Elysium to raise concerns about immigration, access to healthcare, worker’s rights, and socioeconomic stratification, what I found most striking and unnerving was its depiction of how the government will employ technologies such as drones, tasers and biometric scanners to track, target and control the populace, especially dissidents. Mind you, while these technologies are already in use today and being hailed for their potentially life-saving, cost-saving, time-saving benefits, it won’t be long before the drawbacks to having a government equipped with technology that makes it all-seeing, all-knowing, and all-powerful far outdistance the benefits." Continue reading →

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Small minds, big ideas: The implications of the IRS targeting anti-tax groups

"Any time you give a state agency a goal with an extremely broad, malleable definition, the agency is going to tend to interpret its mission as broadly as possible. And when that goal is inherently incompatible with a free society, the agency’s powers will inevitably grow at the expense of individual liberties and the rule of law. We shouldn’t trust the IRS to take as much money as it wants; we shouldn’t trust the military to invade the countries it thinks need to be invaded; and we shouldn’t trust the state security apparatus to 'keep us safe from terrorism.' The best thing that can happen to an agency trusted with such a goal is that it will fail. The worst is that it will succeed." Continue reading →

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Why Is the U.S. Destabilizing One Country After Another?

"[..] Sixth, the military-industrial complex and its lobbies on the Hill thrive on the profits, the work of war, the advancements, and the demand for their services that instability brings. The DHS thrives on an atmopshere of war and fear. Members of Congress thrive on making speeches about promoting rights and democracy, even though they are promoting war, instability, refugees and death. The State Department appears to have abandoned diplomacy and become subservient to the neocon influences. Seventh, the U.S. has a ready-made pro-war interest group in many churches. [..]" Continue reading →

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Has The CIA’s Phoenix Program Been Resurrected In Syria?

"Phoenix went far beyond aspirations of 'winning' in Vietnam. The program utilized a 'by any means necessary' strategy to warfare that included the use of random assassination and the FABRICATION of enemy atrocities in order to rally the civilian population around U.S. forces. PRU operators routinely targeted the backwater villages of Vietnam, killing at least 20,000 civilians as later admitted by CIA Director William Colby. The slaughter of villages was frequently blamed on the Vietcong, while PRU's ran rampant in the jungles, physically mutilating victims in order to draw greater emotional reactions from Southern citizens as well as oblivious Americans back home." Continue reading →

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2.7 Million Children Under the Age of 18 Have a Parent in Prison or Jail

"Most prisoners are parents of children under 18 years of age. Two-thirds of incarcerated parents are nonviolent offenders, often locked up on minor drug-related charges. They make up the majority of parents in prison, and they and their children are the ones criminal justice reform will most affect. One in 28 kids in the United States (as of 2010) has a mother or father, or both, in lockup – a dramatic change from the one in 125 rate a quarter of a century ago. One in nine black children have an imprisoned parent, four times as many 25 years ago. 14,000 or more children of the imprisoned annually enter foster care, while an undetermined number enter juvenile detention and adult prisons." Continue reading →

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Hayek to Satoshi and Beyond

"In Denationalisation, Hayek wrote that if anything resembling his vision were to come about, it would probably happen in a way he had no chance of accurately predicting-and on that count, he was definitely right. We, however, may be in similar position to the one he occupied some thirty seven years ago. If Bitcoin succeeds, it will completely alter the way human beings relate to the creation and management of money; the future that’s set to unfold over the next three and half decades is probably even more opaque to us than our present day was to F.A. Hayek." Continue reading →

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How Empires Fall

"Rome didn't fall so much as erode away, its many strengths squandered on in-fighting, mismanagement and personal aggrandizement/corruption. More telling for the present is Goldsworthy's identification of expansive, sclerotic bureaucracies that lost sight of their purpose. The top leadership abandoned the pursuit of the common good for personal gain, wealth and power. This rot at the top soon spread down the chain of command to infect and corrupt the entire institutional culture. As the empire shrank and lost tax revenues, the Imperial bureaucracies continued growing, much as parasites attach themselves to a weakened host." Continue reading →

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Immense, Needless Human Misery Caused by Speculative Credit Bubbles

"Speculative bubbles based solely on cash have very short lifespans, as the bubble bursts violently as soon as the gamblers' cash has been sucked into the vortex. Truly devastating speculative bubbles require a vast expansion of credit and the corruption of the political class that feeds off the state. As Credit is ultimately managed by the state, central banks and the banking cartel, no speculative credit bubble can arise without the complicity and collaboration of all three. The destructive incentives, corruption and erosion of productive investment are masked by the rapidly rising phantom wealth created by the bubble in real estate and stocks." Continue reading →

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The Danger of an All-Powerful Federal Reserve

"How will home builders react if the Fed decides their investments are bubbly and restricts their credit? How will bankers who followed all the rules feel when the Fed decrees their actions a 'systemic' threat? How will financial entrepreneurs in the shadow banking system, peer-to-peer lending innovators, etc., feel when the Fed quashes their efforts to compete with banks? Will not all of these people call their lobbyists, congressmen and administration contacts, and demand change? Will not people who profit from Fed interventions do the same? Willy-nilly financial dirigisme will inevitably lead to politicization, cronyism, a sclerotic, uncompetitive financial system and political oversight." Continue reading →

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