Thoughts from Tradewinds...
Communism, Socialism is nothing more than a utopian fantasy, a delusional dream where the ultimate idea is irrational in practice.. It is a false belief that the State will be the unlimited provided of all human wants and desires and where the individual is subordinated to the all encompassing central government.. All economic decisions about the national (State) production of goods and services and the allocation or distribution of these goods and services are implemented by the State's economic planning agencies.. Socialist central planning rejects the creativity of the individual, subjugating the individual to collective economic decision making.. Individual incentives are rejected in favor of collective recognition and rewards for all.. What follows and results from such ill conceived central collective thinking you will find in places like Cuba, Venezuela, North Korea where the rejection of personal freedom and individual initiative has been subordinated to the ultimate power of the State and which, if discovered, are punished severely by the authoritarian state..
As long as a nation has freedom of thought and encourages individual initiative through free market policies, the nation has the opportunity to grow and develop and therefor enhance prosperity.. When a nation's people flourish, the nation will grow and prosper.. In contrast, when a nation's government deliberately takes the people's savings and earnings, the people will spend less causing the nation's grow potential to decline.. It may not be called Socialism, but it has the same economic pitfalls and results as Socialism, furthering prolonged economic stagnation and increased human suffering by the masses become the result..
If one thinks carefully, the out-of-control growth of the government bureaucracy in the Bahamas has been gradually following this same dangerous economic direction.. Increasing government tax burdens, such as VAT, are taking earnings and wealth away from the Bahamian public at large and reducing aggregate Consumption, one of the major components required for sustainable economic growth.. Increased debt borrowings and unmanageable deficit spending has resulted in international debt downgrades to Junk Status.. Can anyone with an ounce of common sense justify these oppressive and confiscatory policies by our government which seldom if ever helps the people while only hurts and destroying the nation's economy growth potential over the long-run..
Regretfully, these were the very same fiscal policies that were proposed and shoved down our throats by the Keynesian Socialists at the International Monetary Fund in Washington.. All they ever recommend is policies to promote and enlarge central government control over the economy which only further compounded the nation's failing financial condition.. Never has the IMF offered prudent advise and counsel to reduce the bloated size of government and to cut back on wasteful and excessive, nonproductive government spending.. But then these experts are trained in Keynesian economic theory of tax, borrow and deficit spending to perpetual hoped for social prosperity, which has become one of the underlying cornerstones of contemporary IMF policy.. These economic wizards continue in country after country to preach the same Keynesian Socialistic doctrine while giving little thought or even understanding of why, despite their recommendations, real economic growth and social progress continues to faultier and be stagnate.. They never reason or accept that excessive and larger governments are the real problem and will never result in meaningful solutions.. Lets face the facts, Communism and Socialism just does not work to create economic growth and development.. Only a suffering and frightened people realize the inevitable truth about Socialism, that when the economic boat sinks, all will collectively as one go down drowning together..
NOTE for Inquisitive and Curious Minds: Those who want to know more about the theory and background of Utopia and utopian thinking, Mark Levin's outstanding book, "AMERITOPIA" is a historical based study of the subject beginning with Plato to Thomas More, Thomas Hobbes and Karl Marx.. Then the author looks at utopia from the ever changing American perspective and concludes with what he describes as the "unmaking of America.. America today is in great peril.. The people must eventually choose between utopianism and liberty".
This is must reading for those that want to try an understand why this utopian ideal and concept not only allures a free people but then ends up destroying them in the process..
Read more about The Bahamas and The Boiling Frog Syndrome here…
