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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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From: koan3/30/2010 7:26:06 PM
1 Recommendation  Read Replies (3) of 116555
 
>>As Heinz said about the SS privatization a couple years ago, the typical State response to a failed program is a new, LARGER program. Every failure is an opportunity to expand.>>

"the typical state response".

That statement always slays me-lol.

We are a democracy. The typical state response is whatever the people choose it to be. Simple as that. The people decide by who they vote for.

It is totalitarian state, e.g. dictatorship, that dictates. Good grief-lol

Totalitarianism (or totalitarian rule) is a political system where the state, usually under the control of a single political organization, faction, or class domination, recognizes no limits to its authority and strives to regulate every aspect of public and private life wherever feasible.[2] Totalitarianism is generally characterised by the coincidence of authoritarianism (i.e., where ordinary citizens have no significant share in state decision-making) and ideology (i.e., a pervasive scheme of values promulgated by institutional means to direct the most significant aspects of public and private life)[3].

Totalitarian regimes or movements maintain themselves in political power by means of an official all-embracing ideology and propaganda disseminated through the state-controlled mass media, a single party that controls the state, personality cults, control over the economy, regulation and restriction of free discussion and criticism, the use of mass surveillance, and widespread use of state terrorism.

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