Mises and Madison

"With respect to the two words 'general welfare,' I have always regarded them as qualified by the DETAIL of powers connected with them. To take them in a literal and unlimited sense would be a METAMORPHOSIS of the Constitution into a character which there is a host of proofs was not contemplated by its creators." -April 20, 1831 Letter from James Madison (dubbed Father of the U.S. Constitution for his role in drafting of the text; see also The Federalist Papers, published on behalf of the American system as one of limited government of by and for the people of A Free Republic)~

"MODERN CRYPTODESPOTISM, which arrogates to itself the name of liberalism, finds fault with the negativity of the concept of freedom. The censure is spurious as it refers merely to the grammatical form of the idea and does not comprehend that all civil rights can be as well defined in affirmative as in negative terms. THEY ARE NEGATIVE AS THEY ARE DESIGNED TO OBVIATE AN EVIL, NAMELY THE OMNIPOTENCE OF THE POLICE POWER [OF GOVERNMENT], AND TO PREVENT THE STATE FROM BECOMING TOTALITARIAN." -Ludwig von Mises in chapter 21, The Theory of Money and Credit~

Prov. 11:3 - If the foundations be destroyed, what shall the righteous do?

Tuesday, August 9, 2011

Acton Institute: The Call of the Entrepreneur

This film follows the stories and examines the experiences of a refugee from China, a failing dairy farmer and a merchant banker. These stories help to explain the virtues and justification of the free enterprise system.

I recommend sharing this film with students and well-intentioned and open minded individuals who have adopted the negative and narrow charicature of capitalism that prevails in academia due to the very manipulative nature of the coercive and counterproductive ideology of socialism.

It is imperative that the case for capitalism is heard and that we have a deep and sweeping revolution in ideas regarding the proper and limited role of government in securing our liberties because government is growing and the individual is shrinking at an alarming and disturbing rate at the expense of the people, especially those who suffer most, in the worstening economic situation in this scenario.

Copies of the Call of The Entrepreneur are available here

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