Freeman

ARTICLE

Socialisms Flow Chart: Revolution and Despotism

SEPTEMBER 01, 1964 by JOHN G. BILLS JR.

Mr. Bills is a stockbroker with Hornblower & Weeks in Los Angeles.

From the cornucopia of the welfare state to the whirlwind of revolution and despotism.

Though 1964 has shown good profits for many American com­panies, it is important in these fat months to understand that the prospect of profits inspires produc­tive employment of human and other resources; dwindling prof­its mean unemployment and eco­nomic stagnation.

The welfare state operates as a vice and a vise — that can squeeze profits. The threat of such a squeeze can be overcome only through personal understanding and practice of the virtues of freedom — personal rejection of the underlying vices of welfarism.

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September 1964

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JOHN G. BILLS JR.

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From natural systems to human systems, we start to notice patterns in nature that are products of good flow. Adrian Bejan discusses this crucial insight--and how it makes freedom even more needful--in this month's interview. Zachary Caceres looks at what emergence can tell us about the universe, the market, the heart, and the sacred; Mike Reid recounts the tragedies produced when the State tries to impose its order on people who have already developed their own; Gary Galles channels Leonard Read: the State is a clenched fist, he says, so it cannot create; Brad Taylor says democracy might just be another imposed order in some situations; Karl Borden wonders whether an individual's right to be left alone can be part of the order of things; and much, much more.Download Free PDF

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