July 8, 2010
Sometimes a Great Reversal
After European Social Democrats — the heirs of Karl Marx’s delusional vision — broke with their heritage. They rewrote their political principles, compromising. No longer would they go for socialism whole hog; they abandoned its key feature,the replacement of markets with total government control.,
This was a great moment for modern civilization. It bequeathed Europe (and, perhaps, America) a clunky and intrusive (and unsustainable) welfare states, sure . . . but that’s far, far better than Communism.
We may be witnessing a similar groundswell of ideological shift in America’s stronghold of the status quo, the media. This week the editorial board of the endorsed budgetary rules that would take power and unlimited budgetary discretion from California’s out-of-control legislature:
This may not sound revolutionary. But, as Hit and Run, the Times — long an opponent of spending limits — has “acknowledge[d] clearly and publicly that out-of-control spending, not insufficient tax revenue, is suffocating the Golden State.”put it on Reason magazine’s
And that is revolutionary. Not American Founder-revolutionary, but Social Democrat-compromise-y revolutionary.
This is. I’m .