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A point I've been repeatedly making: this kind of top-down government-driven re-shaping and control of the economy for political ends is an inherently leftist approach.
Williamson is just better than I am at saying it.
Trump Is a Socialist
Williamson is just better than I am at saying it.
Trump Is a Socialist
When I write “socialist,” I do not use the word the way most right-leaning commentators use it, meaning: “bad.” If you want to get a feel for exactly how insipid and repetitious the contemporary online right is, do a search for “cackling socialist”—you don’t even need to include “Kamala Harris.” You’ll be hip-deep in stupid in two clicks. The thing about socialism is, it stays socialism—whether you like socialism or dislike it. It is a word that means something, and what it means isn’t every dumb thing you don’t like...
Socialism doesn’t mean high taxes or an expensive welfare state.... Japan has an extensive social-welfare apparatus, and it is far from socialist. Singapore is super-capitalist, and it offers my favorite kind of welfare: direct money payments to poor people. Even the big-spending Scandinavians have long abandoned the experiments in socialism that wrecked their economies... Socialism means a centrally planned economy, one that is dominated by state action irrespective of whether it is dominated by formal state enterprises.
V.I. Lenin described his ideal society as one managed as though it were “one big factory.” The Leninist view, it is worth keeping in mind, was profoundly influenced by some of the big ideas and most influential and prestigious thinkers of late 19th-century and early 20th-century capitalism, especially the mania for “scientific management” associated with Frederick Winslow Taylor... Donald Trump does not know the first thing about how a factory operates, of course, and neither do most of the private-equity dorks and middling media figures with which he has stocked his administration, a veritable museum of minor Fox News figures. But he has been inside Macy’s, and even had a product-licensing deal with the department store once upon a time—ghastly shirts and ties with a predictable Gordon Gekko meets Liberace aesthetic.
And so Trump’s version of quasi-monarchical Leninism is no surprise. It’s not one big factory: It’s one big Macy’s, with him leading the parade.... Donald Trump’s vision of the economy is classic socialism. And if you want to say that what it really is is classic nationalism, fair enough: As Jonah Goldberg observes, at the level of practical economics nationalism and socialism are the same thing: nationalized industries are socialized industries, socialized industries are nationalized industries, nationalized medicine is socialized medicine, etc. Bernie Sanders thinks and speaks as a nationalist, as do left-wing writers at places such as Dissent magazine—see J.W. Mason’s “A Cautious Case for Economic Nationalism.” Barack Obama’s economic views were explicitly nationalist. Trump’s view of a man at a desk moving pieces of the economy around like rooks and pawns on a chessboard is what socialism is all about—though the old tyrants in Moscow at least had the humility to assume that a committee of experts would be necessary to manage the economy according to “scientific” principles or at least the guile to pretend that they believed it, whereas Trump apparently has swallowed his own silly god-man horsepucky, being, as he is, an ass of exceptional asininity.
It’s as though somebody rewrote The Road to Serfdom as a third-tier Monty Python skit...