Capitalism is the social system based on a philosophy of reason, individualism & freedom. https://xitter.cf/t.co/u3Xwlaf2w3
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LEONARD PEIKOFF ON THE DEMOCRAT PARTY VS AMERICA
Leonard Peikoff, was a close associate of Ayn Rand for thirty years, and is the foremost authority on her philosophy of Objectivism. He is author of @OPARAynRand.
Here's what Leonard Peikoff has to say about the Democrat Party in 2026:
@TheDemocrats "talk about CANCELLING THE ELECTORAL COLLEGE specified in the Constitution (which would throw Presidential elections to the large, Democratic-voting proletariat in the big cities)."
"Also: they envision PACKING THE SUPREME COURT to ensure it is an electoral ally or at least non-enemy of theirs."
"Also: they advocate turning two Democratic-voting territories, D.C. and Puerto Rico, into states which immediately puts on their side two EXTRA SENATORS for each state."
"Also: the latest ridiculous Democratic crusade: to ELIMINATE VOTER ID at the polls, which of course would leave endless cheating easy for those so inclined – we could have votes by dead bodies, by people who vote several times, etc. — the door is open to anyone willing to cheat, and surely we don’t have to discuss the Democrats in this regard."
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KEY ISSUES IN THE 2026 U.S. MIDTERM ELECTIONS
"There are two ways of looking at the midterms, now less than three weeks away."
"One is as a simple referendum on the issues and politicians of the day. The other involves a far deeper conflict of visions (as Thomas Sowell puts it): socialism versus capitalism, intrusive versus limited government, and the destruction of time-honored institutions and traditions versus their preservation and renewal."
"Rarely in American history have the two parties been so far apart or the choice between them so stark. In brief, Islamist-sympathizing socialism is on the ballot against free-market capitalism and American exceptionalism." — @VDHanson
ISSUES:
Hanson's analysis of some of the issues involved, ranging from the war with Iran to lawfare makes it required reading.
LAWFARE: Democrats plan to devote the next two years to impeaching, investigating, and hounding Trump, his administration, and his family in order to block Republican legislation and paralyze the rest of his presidency.
THE IRAN WAR: The Left treats the low-cost U.S. campaign that has degraded Iran’s nuclear, military, and economic infrastructure as a lost war and would withdraw leaving them free to threaten the Gulf states, Israel, with its terrorist proxies.
ENERGY: Democrats have repeatedly blocked oil and gas leases and pipelines while subsidizing costly solar and wind power and have vowed to phase out natural gas, diesel, and gasoline production as quickly as possible, following the path that has damaged the British and German economies.
IMMIGRATION: The Left seeks to dismantle border enforcement and the wall so that illegal entries return to Biden-era levels of 10,000-plus per day, because it will not shift to fully legal, merit-based immigration that would cut off a supply of future constituents.
FRAUD: Aggregate federal-program fraud approaches $500 billion a year, with widespread welfare and social-services fraud concentrated in high-benefit blue states where it receives little scrutiny because it helps attract voters.
DEI: The contemporary Left treats race, gender, and sexual preference as essential to identity, so a return to power would nullify legal bans on racial preferences, restore race-based admissions and hiring, and revive demands for reparations against those who never practiced slavery.
ISLAMISM: Only a quarter-century after 9/11, the Democratic Party has adopted a philo-Islamist view that treats theocratic Islamism as a legitimate alternative to democratic Israel and Western values, equating Iran with Israel and portraying Hamas as an innocent victim, an alliance whose results are already visible in a burning Paris and earlier in the fall of the Shah.
***
Trump's version of economy is a "hybrid", as free market policies are applied to only some areas of the economy —notably energy, but still, Trump's version is far superior to that of the anti-capitalist Democrats.
Some measured thoughts here on David Harriman's & @PSchwartzIDS essays on the midterm elections, from @Lieboisout & @JamesValli81018.
youtu.be/_uvVsPnUH0Q?si=GAcF…
The Midterm Elections
(Trump’s Abettors Have To Be Removed) by @PSchwartzIDS
objectivistpeterschwartz.sub…
HITLER IS A "LEFTIST"
"Nazi Germany was a SOCIALIST state, not a capitalist one. ...Socialism, understood as an economic system based on government ownership of the means of production, positively requires a TOTALITARIAN DICTATORSHIP."
Learn more in comments.
Also note...
"LEFT" AND "RIGHT" POLITICAL LABELS AS ARBITRARY
Q. "Are not the labels "left" and "right" to some extent arbitrary with no fixed meaning?
For example can't leftists also be racists? And can't leftists who advocate democracy also be against communism?"
A. Grok:
- Political labels “left” and “right” began as literal seating positions in the 1789 French National Assembly (revolutionaries left of the president, monarchists right) and have since shifted with context, lacking any fixed essence independent of specific policies or eras.
- Left-aligned movements have endorsed racial hierarchy and eugenics, including Progressive Era U.S. reformers (Woodrow Wilson, economists supporting sterilization of the “unfit”) and Swedish Social Democratic governments that sterilized roughly 63,000 people from 1935 to 1976.
- Democratic leftists and social democrats have routinely opposed communism, rejecting Leninist one-party rule in favor of electoral reform and civil liberties, as with post-WWII West German SPD leaders like Kurt Schumacher and broader Western European social democratic parties during the Cold War.
Adam Smith's daughter is correct.
If we compared Hitler to today's Left they have much in common.
As for Adolph, "Hitler did not regard himself as being either on the left or on the right, but wanted to overcome both extremes – not in the ‘middle’, however, but by a new extreme in which both were abolished." — @zitelmann_en
capitalismmagazine.com/2022/…
Also note...
"LEFT" AND "RIGHT" POLITICAL LABELS AS ARBITRARY
Q. "Are not the labels "left" and "right" to some extent arbitrary with no fixed meaning?
For example can't leftists also be racists? And can't leftists who advocate democracy also be against communism?"
A. Grok:
- Political labels “left” and “right” began as literal seating positions in the 1789 French National Assembly (revolutionaries left of the president, monarchists right) and have since shifted with context, lacking any fixed essence independent of specific policies or eras.
- Left-aligned movements have endorsed racial hierarchy and eugenics, including Progressive Era U.S. reformers (Woodrow Wilson, economists supporting sterilization of the “unfit”) and Swedish Social Democratic governments that sterilized roughly 63,000 people from 1935 to 1976.
- Democratic leftists and social democrats have routinely opposed communism, rejecting Leninist one-party rule in favor of electoral reform and civil liberties, as with post-WWII West German SPD leaders like Kurt Schumacher and broader Western European social democratic parties during the Cold War.
"LEFT" AND "RIGHT" POLITICAL LABELS AS ARBITRARY
Q. "Are not the labels "left" and "right" to some extent arbitrary with no fixed meaning?
For example can't leftists also be racists? And can't leftists who advocate democracy also be against communism?"
A. Grok:
- Political labels “left” and “right” began as literal seating positions in the 1789 French National Assembly (revolutionaries left of the president, monarchists right) and have since shifted with context, lacking any fixed essence independent of specific policies or eras.
- Left-aligned movements have endorsed racial hierarchy and eugenics, including Progressive Era U.S. reformers (Woodrow Wilson, economists supporting sterilization of the “unfit”) and Swedish Social Democratic governments that sterilized roughly 63,000 people from 1935 to 1976.
- Democratic leftists and social democrats have routinely opposed communism, rejecting Leninist one-party rule in favor of electoral reform and civil liberties, as with post-WWII West German SPD leaders like Kurt Schumacher and broader Western European social democratic parties during the Cold War.
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NATIONALIZE STARLINK & SPACEX?
"Democrats ought to be starting this — not just with oversight hearings, but also starting laying the groundwork for nationalizing Starlink and SpaceX. Nationalize it. It should be a public corporation!"
"If the Democrats take over the House and possibly the Senate, one of the things they are going to be doing is focusing on Elon Musk. I mean, he's really going to be targeted and he knows it."
— Former Secretary of Labor under the Clinton administration Robert Reich
x.com/CollinRugg/sta…
FROM THE HORSE'S MOUTH...
ROBERT REICH: We've got to defund Musk. When I say defund Musk, you know, 75% of his wealth is dependent on taxpayers who are buying Starlink systems for the Department of Defense.
Defund Musk. I mean this. If we have a Democratic administration—and the Democrats ought to be starting this, not just with oversight hearings, but also laying the groundwork for nationalizing Starlink and SpaceX. Nationalize it.
It should be a public corporation. We should not ever have that kind of power in one person's hands, one private person's hands.
I mean, Musk is trying to buy the senator from Texas. Why should we allow this, seriously?
HEATHER: Well, we shouldn't. And then this week, people started talking about, oh, Musk is going to be held accountable, and he said, “Live by the sword, die by the sword.”
ROBERT REICH: Well, that was on X, on one of his—
HEATHER: Yeah, on Twitter, on X. And he said that, and he also said, “Anyone who picks a fight with me, you're going down.” And he was talking about the Dems.
And it's not a fight. It is accountability. I mean, holding him accountable is what people are talking about. And so he's getting ahead of it, threatening, threatening, threatening, threatening—with his money, with his power, with his reach.
ROBERT REICH: Well, he knows that if the Democrats take over the House and possibly the Senate, one of the things they are going to be doing is focusing on Elon Musk. I mean, he's really going to be targeted, and he knows it.
And he's going to be using his 360 million followers—or 260 million followers—on X to kind of give him a buttress against that. And he's going to use litigation.
When I say this is Exhibit A in terms of the billionaire takeover of America, this is the oligarchic problem. Musk represents the power of oligarchy in America over democracy.
And it's something like what happened in the first Gilded Age, when we had the robber barons. I mean, he is the equivalent of the robber barons of the first Gilded Age, but he's even worse, even bigger, even more corrupt in terms of trying to bribe his way into politics.
HEATHER: And he also ends USAID. Well, the Dems have to have it on their list of one of the many things to fix and hold people—
ROBERT REICH: People are dying, Heather. People are dying. Ebola would not be nearly the crisis that it now is if we still had AID. And also child hunger, also maternal health, also tuberculosis, also malaria.
HEATHER: Yeah.
ROBERT REICH: I mean, this is a terrible, terrible human being. And I'm not just talking about Trump. I mean, there are several of them.
HEATHER: You're talking about Putin? Are you talking about Putin?
ROBERT REICH: I'm talking about Putin.
HEATHER: We haven't even gotten to Putin.
ROBERT REICH: I'm talking about Putin and Musk and Trump.
"There are four characteristics which brand a country unmistakably as a dictatorship: one-party rule—executions without trial or with a mock trial, for political offenses—the nationalization or expropriation of private property—and censorship. A country guilty of these outrages forfeits any moral prerogatives, any claim to national rights or sovereignty, and becomes an outlaw."
— AYN RAND
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NATIONALIZE STARLINK & SPACEX?
"Democrats ought to be starting this — not just with oversight hearings, but also starting laying the groundwork for nationalizing Starlink and SpaceX. Nationalize it. It should be a public corporation!"
"If the Democrats take over the House and possibly the Senate, one of the things they are going to be doing is focusing on Elon Musk. I mean, he's really going to be targeted and he knows it."
— Former Secretary of Labor under the Clinton administration Robert Reich
x.com/CollinRugg/sta…
Regarding mock trials see this article by @ChipActual on the January 6 kangaroo courts.
capitalismmagazine.com/2026/… #j6 #jan6
THE MYTH OF STEALING AMERICAN JOBS
"America doesn’t lack economic growth and jobs because China, or other countries, “steal” them. America lacks economic growth and jobs because its own government will not permit its economy to function freely and fully, as a private market economy can and should." — @MichaelJHurd1
capitalismmagazine.com/2015/…
WHY NAZI GERMANY WAS NOT A CAPITALIST BUT A SOCIALIST STATE
"The identification of Nazi Germany as a socialist state was one of the many great contributions of Ludwig von Mises."
"When one remembers that the word “Nazi” was an abbreviation for “der Nationalsozialistische Deutsche Arbeiters Partei — in English translation: the National Socialist German Workers’ Party — Mises’s identification might not appear all that noteworthy. For what should one expect the economic system of a country ruled by a party with “socialist” in its name to be but socialism?"
"Nevertheless, apart from Mises and his readers, practically no one thinks of Nazi Germany as a socialist state. It is far more common to believe that it represented a form of capitalism, which is what the Communists and all other Marxists have claimed."
"The basis of the claim that Nazi Germany was capitalist was the fact that most industries in Nazi Germany appeared to be left in private hands."
"What Mises identified was that private ownership of the means of production existed in NAME only under the Nazis and that the ACTUAL SUBSTANCE OF OWNERSHIP of the means of production resided in the German government. For it was the German government and not the NOMINAL private owners that exercised all of the substantive powers of ownership: it, not the nominal private owners, decided what was to be produced, in what quantity, by what methods, and to whom it was to be distributed, as well as what prices would be charged and what wages would be paid, and what dividends or other income the nominal private owners would be permitted to receive. The position of the alleged private owners, Mises showed, was reduced essentially to that of government pensioners."
"DE FACTO government ownership of the means of production, as Mises termed it, was logically implied by such fundamental COLLECTIVIST principles embraced by the Nazis as that the COMMON GOOD comes before the private good and the individual exists as a means to the ends of the State. If the individual is a MEANS to the ends of the State, so too, of course, is his property. Just as he is owned by the State, his property is also owned by the State."
'But what specifically established de facto socialism in Nazi Germany was the introduction of price and wage controls in 1936..." — @GGReisman
MORE in comments.
"SOCIALISM" for the Nazis denotes the principle of COLLECTIVISM as such and its corollary, STATISM—in every field of human action, including but not limited to economics.
"To be a socialist," says Goebbels, "is to submit the I to the thou; socialism is sacrificing the individual to the whole."
— Leonard Peikoff
@CauseHitler
