As pointed out earlier, the US has swiftly been losing her reputational pedestal as “the land of the free” as evidenced by the fast expanding dependency culture that has been induced by a ballooning welfare state.
Yet the path towards fascism hasn’t been due to happenstance, but has accounted for gradualism or deliberate incremental efforts to achieve such an end.
Judge Andrew P. Napolitano below defines economic freedom
The root of economic freedom is the recognition of the right to own private property. That includes the right to utilize it unmolested, to dispose of it without anyone's permission and to exclude anyone from it, even the government. Suffice it to say, no American president since the advent of the income tax and the Federal Reserve 100 years ago has fully accepted or meaningfully defended that right. The more the government extracts in taxes and the more it inflates the money supply, the more it rejects and assaults property rights.
And further explains the reasons for the deteriorating trend in the US .
The absence of economic freedom today is nothing new and didn't come about overnight. It is the culmination of the Progressive Era, which gave us the Federal Reserve and the income tax; the New Deal, which gave us the beginning of entitlements; the Great Society, which enhanced the numbers of people who received entitlements; Ronald Reagan, who bashed entitlements during the six years he was running for president but did nothing to dismantle them; and every president from Dwight Eisenhower to George W. Bush, all of whom just accepted the welfare and warfare state as if the Constitution didn't exist.
Today, we have President Obama, committed to private ownership but government control of the means of production, who wants to enhance the welfare and warfare state by having socialized medicine and perpetual war at the same time.
The essence of the governmental assaults on freedom is presidentially proposed, congressionally engineered and judicially accepted redistribution of wealth via the central planning of the economy. And the consequence of all this is the present lamentable state of affairs where half the country is financially dependent on the other half. When this state of affairs was reached in Ayn Rand's great novel "Atlas Shrugged," she had the productive half stop working just to see what the government would do. It wasn't pretty.
Obama's beloved Dodd-Frank law is the latest act of government theft of freedom in the name of economic equality. It brings us one step closer to total government control of the means of producing wealth. With its unaccountable bureaucracy, Federal Reserve-generated funding, and standardless and appeal-proof rulemaking, it reposes into the hands of an unconfirmed-by-the-Senate nanny stater the power to monitor and to regulate virtually all economic activity in the U.S.
The path to societal prosperity can only be attained by economic freedom. It’s a cause worth fighting for not only in the US but wherever society exists.
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