Comments by "Jim Luebke" (@jimluebke3869) on "Lotuseaters Dot Com"
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Guys, we figured out the balance of Welfare State and Free Market by trial and error. It's kind of what the Cold War is about. Both laissez-faire capitalism, and its antithesis communism, are at this point about equivalent to Monarchism -- a quaint historical idea. We have determined that the best way to use industrialization to produce and distribute goods, is the market-economic welfare state.
Where is the current state of the dialectic? Well, it looks to me like Fukuyama's "liberty-minded democracy" is getting challenged by "authoritarian bureaucracy" both domestically and internationally. Brexit, populism, the powers of government officials during an epidemic, a new rivalry with China -- all of these are currently being debated. The sooner we understand that this is where the dialog truly is, the sooner we can develop a strategy to make sure that Authoritarian Bureaucracy does not win.
The proper way to frame yesterday's question was, "How do we best use industrialization to produce and distribute goods?"
Today's question ought to be, "How do we harness expertise in the service of a free people?"
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