RUSSIAN LEADER VLADIMIR PUTIN WARNS U.S. OF DANGERS OF SOCIALISM
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RUSSIAN LEADER VLADIMIR PUTIN WARNS U.S. OF DANGERS OF SOCIALISM
By The Wall Street Journal
Is Russia rising from something worse (communism) and the United
States falling from something better (free enterprise)?
Are we going to "meet in the middle" = state fascism?
Who could possibly have predicted this a few years ago: the Kremlin
singing praises for free enterprise and warning the U.S. about the dangers
of socialism!
Yet that's exactly what happened in January at the annual World
Economic Forum, an international gathering of business giants,
politicians, activists, journalists, intellectuals, celebrities and other
influential figures in the Swiss city of Davos.
Speaking about the current economic crisis, Russian Prime Minister
Vladimir Putin told the assembled glitterati:
"In the 20th century, the Soviet Union made the state's role absolute.
In the long run, this made the Soviet economy totally uncompetitive. This
lesson cost us dearly. I am sure nobody wants to see it repeated."
"Nor should we turn a blind eye to the fact that the spirit of free
enterprise, including the principle of personal responsibility of
business-people, investors, and shareholders for their decisions, is being
eroded in the last few months. There is no reason to believe that we can
achieve better results by shifting responsibility onto the state."
This is mind-boggling. Putin sounded "more like Barry Goldwater than
any Russian leader I ever heard of."
But Putin went further, warning against the dangers of military
expansionism as a means of solving economic woes.
"Unfortunately, we are increasingly hearing the argument that the
buildup of military spending could solve today's social and economic
problems. The logic is simple enough. Additional military allocations
create new jobs.
"At a glance, this sounds like a good way of fighting the crisis and
unemployment. This policy might even be quite effective in the short
term. But in the longer run, militarization won't solve the problem but
will rather quell it temporarily. What it will do is squeeze huge
financial and other resources from the economy instead of finding better
and wiser uses for them."
Of course, Putin's remarks should fool no one into forgetting his
brutal violations of civil liberties and human rights, and the massive
restrictions on economic liberty he supports. But this was one truly
weird moment in history.
A Russian leader is now telling Americans that their turn toward
statism and militarism is harmful both to themselves and to the world is a
turn of events no one of my generation could possibly have imagined,
certainly not anyone who values human liberty.
It is a sad and telling commentary that no American leader of any
stature, aside from Representative Ron Paul, has the courage to tell us
what we need to hear."
------------------------------------
"THE RIGHT PERSPECTIVE" AND PAT DOLLARD REPORTED:
"We must not revert to isolationism and unrestrained economic
egotism . . . Excessive intervention in economic activity and blind faith
in the state's omnipotence is another possible mistake. True, the state's
increased role in times of crisis is a natural reaction to market
setbacks. Instead of streamlining market mechanisms, some are tempted to
expand state economic intervention to the greatest possible extent . . .
In the 20th century, the Soviet Union made the state's role absolute. In
the long run, this made the Soviet economy totally uncompetitive. This
lesson cost us dearly. I am sure nobody wants to see it repeated."
This is really pathetic. Even Russian President Vlad Putin is warning
the US against socialism:
You know things are out of control when Communist China is lecturing
democrats on protectionism and now the former head of the KGB is lecturing
US democrats against socialism.
Russian Prime Minister Vladamir Putin has said the US should take a
lesson from the pages of Russian history and not exercise "excessive
intervention in economic activity and blind faith in the state's
omnipotence."
"In the 20th century, the Soviet Union made the state's role
absolute," Putin said during a speech at the opening ceremony of the
World Economic Forum in Davos, Switzerland. "In the long run, this made
the Soviet economy totally uncompetitive. This lesson cost us dearly. I
am sure nobody wants to see it repeated."
Sounding more like Barry Goldwater than the former head of the KGB,
Putin said, "Nor should we turn a blind eye to the fact that the spirit of
free enterprise, including the principle of personal responsibility of
business people, investors, and shareholders for their decisions, is being
eroded in the last few months. There is no reason to believe that we can
achieve better results by shifting responsibility onto the state."
Putin also cautioned the US against using military Keynesianism to
lift its economy out of recession, saying, "in the longer run,
militarization won't solve the problem but will rather quell it
temporarily. What it will do is squeeze huge financial and other
resources from the economy instead of finding better and wiser uses for
them."
Putin's comments come in sharp contrast to Russia's own military
buildup and expansion.Unfortunately, the Democrats did not listen.
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