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Capitalism: Education, or this guys won't stop
  • Vitaliy_KiselevVitaliy_Kiselev

    Nice thing from our Austrian reptile brained friends from Mises instutute:

    Nearly two centuries of government involvement in education has conditioned citizens to believe that not only is education an entitlement, but it is somehow free. This outlook is myopic at best.

    The real tragedy in this equation is the misallocation of resources that would otherwise have been used for more productive activities. People see the public schools, but they don’t look beyond stage one. They overlook the productive endeavors that could have been created had that money not been redistributed in the first place.

    It’s no stretch to say that under a system where people can keep their money they still have the ability to build their own educational arrangements on the free market.

    In the land of government services, incompetence is rewarded with bigger budgets and larger bureaucratic privileges. On the other hand, free enterprise responds to consumers, who have the power to put organizations out of business if their services are not up to par.

    I love this guys. They always want to turn clock back and return to 200 years ago time hoping that people somehow do not remember about life at the time.

    They play games with you, looking like they are not understanding on how society work and how capitalism changed and that it is natural change.

    Yet for uneducated people their recipes can sound bold, unusual at least.

    We need to cut all social services and make education to be free market service. Wow. How life will improve.
    For capitalist prostitutes who wrote this - it will.

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  • Vitaliy_KiselevVitaliy_Kiselev

    Let's check how it work in medicine

    Nirmal Mulye, founder and president of Nostrum Pharmaceuticals, commented in a story Tuesday about the decision to raise the price of an antibiotic mixture called nitrofurantoin from about $500 per bottle to more than $2,300. The drug is listed by the World Health Organization as an "essential" medicine for lower urinary tract infections.

    "I think it is a moral requirement to make money when you can," Mulye told the Financial Times, "to sell the product for the highest price."

    Well, not so good. Actually our Jurassic, err, Austrian reptiles know it very good. They are just hired to write such bullshit, as if they start telling truth they will need to find some other way to live, not as shitty prostitutes.

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