The myth of a democratic socialist society funded by capitalism is finished

Quote of the Day for Thursday, September 6th, 2012: Janet Daley, in The Telegraph, explaining to her fellow Britons why “We should tune in to the Romney and Ryan show”: What is being challenged is nothing less than the most basic premise of the politics of the centre ground: that you can have free market economics and a democratic socialist welfare system at the same time. The magic formula in which the wealth produced by the market economy is redistributed by the state – from those who produce it to those whom the government believes deserve it – has go...

The Edge of Politics

Richard Fernandez over at Pajamas Media posted a disturbing commentary yesterday on a couple of articles he had recently read concerning the apocalyptic economic problems facing both California and Great Britain. The root of the problem, in both cases, is easy enough to identify: the entitlement mentality that believes that something can be had for nothing (or little). The title of his article (I Want My MTV) sums it up neatly (money for nothing, chicks for free…). But it’s easy to hammer on the unsustainability of free lunch programs for massive numbers...