Pundita on the need to Re-Invent Socialism



While Centroids is busy Re-Inventing Capitalism, Pundita posts a scatching critique of European socialism. Her friend Eric Miller writes:

Both Joffe and Bark said that the one necessary ingredient for Europe to thrive again economically is for it to work much harder, which would mean wholesale changes in work habits and rules. If the Social Democrats retain an important almost role in the next German government, the opportunity for change in that country seems limited.

Joffe said that the Social Democratic mindset is entrenched, and that Social Democrats are intolerant of ideas other than their own. They remain determined to maintain the social welfare system in its entirety. Their central emphasis is on equality; they give short shrift to incentives that might spur growth.

Joffe observed that the country is hooked on the welfare system; people are like junkies dependent on government assistance.

Pundita sums up the inanity best:

During periods when Nature allows for stability in human affairs, people have great latitude in choosing what they wish to believe, and often without undue penalty. It's when Nature presents a reality check that the penalties can pile up fast if people are unwilling to make adjustments in their philosophy.

We desperately need a third option.

Posted: Mon - October 3, 2005 at 02:56 PM        

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