The Austrian - 2023 V-09 I-04

Crack-Up Capitalism will be of interest to many readers of The Austrian because of what it says about Murray Rothbard; and for th

Culture warrior Patrick Deneen takes on the free market and its traditions. Neither of which he understands well.

"It may be hard to swallow, but central banks were not created for the greater good but to support the state and special interest groups."

For the past seventy years, the major US foundations have been the main drivers of socialism, even more so than the state bureaucracies.

In recent decades a new type of mercantilist enterprise has become key in many federal programs. These are the nonprofit foundations that help create government pilot programs, fund pro-regime media projects, and work with regimes to accomplish ideological projects hatched by the ruling class.