The Second Largest Slave Master in the World

In our current economic circumstances, many individuals are proselytizing for additional state control, led by a contender for the office of the President of the United States, Barack Obama.  Obama himself does not conceal the fact that he desires, with the assistance of Congress, to impose additional state control of industry and economics, both socialist ideals.

At this particular moment in time, calls for state control of the financial industry are ranging far and wide, and Obama himself informs us, when speaking with Joe the Plumber, that he believes that wealth should be spread around by the state.

With that said, I point you to a piece titled Socialism: Slavery vs. Freedom, which is serialized from a book by Ludwig von Mises titled Economic Policy: Thoughts for Today and Tomorrow.

A couple of excerpts from the linked Socialism: Slavery vs. Freedom.

The fact is that, under the capitalistic system, the ultimate bosses are the consumers. The sovereign is not the state, it is the people. And the proof that they are the sovereign is borne out by the fact that they have the right to be foolish. This is the privilege of the sovereign. He has the right to make mistakes, no one can prevent him from making them, but of course he has to pay for his mistakes. If we say the consumer is supreme or that the consumer is sovereign, we do not say that the consumer is free from faults, that the consumer is a man who always knows what would be best for him. The consumers very often buy things or consume things they ought not to buy or ought not to consume.

Consider the above and how that relates to financial events swirling around us currently.

More pointedly, consider this.

This is the difference between slavery and freedom. The slave must do what his superior orders him to do, but the free citizen—and this is what freedom means—is in a position to choose his own way of life. Certainly this capitalistic system can be abused, and is abused, by some people. It is certainly possible to do things which ought not to be done. But if these things are approved by a majority of the people, a disapproving person always has a way to attempt to change the minds of his fellow citizens. He can try to persuade them, to convince them, but he may not try to force them by the use of power, of governmental police power.

If Obama is elected, working with the complicit assistance of Congress, only Hu Jintao will be the master of more slaves.

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