April 03, 2004

Socialism's Dirty Laundry

I'm all for leaving laundry to the help, but it's German business that's being taken to the cleaners...

A new book detailing the current economic state in Germany is the clarion for the imminent collapse of the Eurosocialist nannystate.

The lessons for the United States, still a predominantly capitalism-oriented economy, couldn't be clearer. Germany and the other older European economies may have passed the tipping point in their economies - there will not be enough producers of capital to support the consumers of capital. You simply cannot keep leveraging economic redistribution against the producers in the economy. And you certainly cannot wield policies that discourage labor and participation in the economy - the social safety net must be a net, not a hammock.

As the former Soviet-bloc nations that have cast off communism develop labor and industry intensive, progressive economies, their ascendant trajectory will stand in stark contrast to the nannysocialist countries. The victors of the Cold War in western Europe will decline, victims of the same policies they struggled against - vanquished by self-inflicted wounds of the object of their former contempt.

UPDATE: Germans take to the streets to demand money for nothing, their chicks for free...

Posted by MEC2 at April 3, 2004 11:04 AM