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IPFS News Link • European Union

The EU: Economically and Morally Peverse

• LewRockwell

What is your assessment of contemporary Western Europe, and in particular the EU?

All major political parties in Western Europe, regardless of their different names and party programs, are nowadays committed to the same fundamental idea of democratic socialism. They use democratic elections to legitimize the taxing of productive people for the benefit of unproductive people. They tax people, who have earned their income and accumulated their wealth by producing goods or services purchased voluntarily by consumers (and of course especially the 'rich' among those), and they then re-distribute the confiscated loot to themselves, i.e., the democratic State that they control or hope to control, and their various political friends, supporters, and potential voters.

They do not call this policy by its right name: punishing the productive and rewarding the unproductive, of course. That doesn't sound particularly attractive. Instead, they tap into the always popular sentiment of envy and claim to tax the few 'rich' to support the many 'poor.' In truth, however, with their policy they make more and more productive people poor and a steadily increasing number of unproductive people rich.


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