The common thread that connects failed societies, from Weimar Germany to the Soviet Union, is an almost pathological insistence on denying reality.
The Soviet Union insisted that Soviet Man would emerge spontaneously from the ashes of capitalist society.
Pathological policy errors flowed inexorably from a skewed view of reality in both Nazi Germany and the Soviet Union.
Nazi Germany's Aryan Supremacy racial theories seemingly justified the murder of the handicapped, Gypsies, those of alternative sexual orientation, Jews, and Slavs. In the name of birthing a new Soviet Man, the Soviet Union murdered anyone who stood in the way of its program to confiscate all businesses, including small farms.
Chasing the Phantoms of Alternative Reality Today the West especially is adopting policies that flow from alternative realities that, frankly, do not exist.
What could possibly go wrong? Champions of the above denials of reality refuse to discuss whether their view of reality is accurate.
What society does not fear is that our lifetime's savings will be wiped out by inflation made possible by MMT. The Basics of Reality Contrast these phantoms with the pragmatic basics of sound economics: namely, that in order to prosper man must face the reality of human existence-primarily scarcity and uncertainty.
https://mises.org/power-market/denying-reality-leads-tyranny-and-societal-failure
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