How to Achieve Durable Peace? | Only Capitalism = Peace

#economics #peace #war

This is the age of enlightened totalitarianism. It’s characterized by inflation, wars, control, and hatred of human innovation. It’s nearly unchallenged that capitalism is bad. Progress is not a result of bureaucrats. Our standard of living can only increase from capital accumulation. The standard of living doesn’t rise from legislation, regulation, taxation, and printing money. It’s impossible that any of those can contribute to progress.

We still progress in spite of all of the damage done by bureaucrats. Growth doesn’t occur from legislation, regulation, taxation, and printing money. Growth occurs in spite of those. Those impede growth. Therefore, growth could be greater, much greater. Growth is an achievement of humans cooperating. It doesn’t come from one human impeding another, or worse. Statism is about the impediment of progress.

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