This article was published by The McAlvany Intelligence Advisor on Wednesday, April 3, 2019:
Never letting an opportunity pass to speak to a group or in front a microphone, Alexandria Ocasio-Cortez has acquired a following of adoring fans along with a long list of oft-repeated quotes. Some of them reflect an abysmal understanding of history, no thanks to Boston University from which she graduated cum laude with degrees in economics and international relations but nothing in history.
A few of the more choice selections include these:
Capitalism has not always existed in the world and will not always exist in the world. When this country started, we were not a capitalist [nation], we did not operate on a capitalist economy;
I believe that every American should have stable, dignified housing; health care; education – that the most very basic needs to sustain modern life should be guaranteed in a moral society;
To me, what socialism means is to guarantee a basic level of dignity;
Unemployment is low because people are working 60, 70, 80 hours a week and can barely feed their kids;
I do think that, absolutely, capitalism was the most efficient and best economy, perhaps, for the time it was at, perhaps;
Ultimately, we are marching towards progress…. I do think that we are going to see an evolution in our economic system of an unprecedented degree;
People often say, how are you gonna pay for it [her Green New Deal]? And I find the question so puzzling because, how do you pay for something that’s more affordable? How do you pay for cheaper rent? How do you pay for it? You just pay for it;
[Regarding running Amazon off from considering New York for its second headquarters]: I firmly believe that if we want to take that three billion dollars that we were willing to give Amazon and invest it in our local community, we can do that; and
[We are going to] work our butts off to make sure that we take back all three chambers of Congress, uh, rather, all three chambers of government – the presidency, the Senate and the House – in 2020.
Instead she should take a break from 24/7 grandstanding over things she doesn’t know about and head off to Caracas, Venezuela to see how they are doing things her way in real time. When Venezuela’s Marxist dictator Nicolas Maduro addressed his citizens on Sunday, he told them that their electric power would be rationed: “I have approved a 30-day plan to regulate the output.” He called the plan “a load management regime.”
Unfortunately, due to the rolling power outages that have plagued Venezuela over the last month, most of those citizens, if they had television, weren’t able to view his speech because their power was out.
That is the end point of socialism: when government interferes, products and services formerly provided by the free market become limited. Prices go up and price controls follow. They further limit supply, and the final step is rationing what’s left.
Maduro admitted to two failures in that short sentence: his government is unable to provide for his people; and those shortages are likely to last for a long time. The unspoken message being delivered is that socialism, no what it might be called, always ends in tyranny, misery, and death.
Perhaps AOC wouldn’t believe her eyes. Perhaps she might instead listen to what Alexis de Tocqueville had to say about the wonders of socialism back in 1848. In February of that year, the Second French Republic was established and debates raged about how to cure the problem of unemployment.
The issue centered on whether to continue the public assistance programs established by the Monarchy of Louis Phillippe, and de Tocqueville’s eloquence in explaining why it would continue to fail is unmatched:
Now, the first characteristic of all socialist ideologies is, I believe, an incessant, vigorous and extreme appeal to the material passions of man. [Signs of approval.]
Thus, some have said: “Let us rehabilitate the body”; others, that “work, even of the hardest kind, must be not only useful, but agreeable”; still others, that “man must be paid, not according to his merit, but according to his need”; while, finally, they have told us here that the object of the February Revolution, of socialism, is to procure unlimited wealth for all.
A second trait, always present, is an attack, either direct or indirect, on the principle of private property. From the first socialist who said, fifty years ago, that “property is the origin of all the ills of the world,” to the socialist who spoke from this podium and who, less charitable than the first, passing from property to the property-holder, exclaimed that “property is theft,” all socialists, all, I insist, attack, either in a direct or indirect manner, private property. [“True, true.”] I do not pretend to hold that all who do so assault it in the frank and brutal manner which one of our colleagues has adopted. But I say that all socialists, by more or less roundabout means, if they do not destroy the principle upon which it is based, transform it, diminish it, obstruct it, limit it, and mold it into something completely foreign to what we know and have been familiar with since the beginning of time as private property. [Excited signs of assent.]
Now, a third and final trait, one which, in my eyes, best describes socialists of all schools and shades, is a profound opposition to personal liberty and scorn for individual reason, a complete contempt for the individual. They unceasingly attempt to mutilate, to curtail, to obstruct personal freedom in any and all ways. They hold that the State must not only act as the director of society, but must further be master of each man, and not only master, but keeper and trainer. [“Excellent.”]
For fear of allowing him to err, the State must place itself forever by his side, above him, around him, better to guide him, to maintain him, in a word, to confine him. They call, in fact, for the forfeiture, to a greater or less degree, of human liberty, [Further signs of assent.] to the point where, were I to attempt to sum up what socialism is, I would say that it was simply a new system of serfdom. [Lively assent.]
Just as there is nothing new under the sun (Ecclesiastes 1:9), nothing new is occurring in Venezuela that hasn’t happened countless times in history. Except that it would be new to AOC who, it will be remembered, graduated cum laude from Boston University without getting any understanding of history.
News.Yahoo.com: Millions without water as Venezuela crisis deepens
News.Trust.org: Venezuelans set up burning barricades over lack of power, water