It would be possible in other circumstances to disregard the ongoing story of Greece and its debts as a tedious tale of financial markets. But there's much more to it than that. What's happening in Greece speaks to two larger issues affecting hundreds of millions of people everywhere: the future of the welfare state and the fate of Europe's single currency -- the euro. The meaning of Greece transcends high finance.
Almost every advanced country -- the United States, Britain, Germany, Italy, France, Japan, Belgium and others -- faces some combination of huge budget deficits, high debts, aging populations and political paralysis. It's an unstable mix. Present deficits may aid economic recovery, but the persistence of those deficits threatens long-term prosperity. The same unpleasant choices confronting Greece await most wealthy nations, even if they pretend otherwise.
Ayn Rand wrote in Capitalism, The Unknown Ideal, p. 211:
It is true that the welfare-statists are not socialists, that they never advocated or intended the socialization of private property, that they want to “preserve” private property—with government control of its use and disposal. But that is the fundamental characteristic of fascism.[emphasis mine]
Rand was prescient. She identified the new, improved fascism of the political left. These fascists use postmodern rhetoric to make their agenda palatable, but in reality, they are only the socialist and communist dead-enders of the last century, who know that this is their last ticket to getting that power over the masses they so desperately desire.
Their latest motto is: No to capitalism! No to the human mind! Happiness, they claim, can be found only in a lack of affluence--i.e., in poverty. This attitude is extremely convenient for them ideologically, particularly since that is precisely what the new fascists will create: poverty for all.
One truth that the left must deny with rabid ferocity is the fact that the greatest human advances--social, cultural, political and economic-- have all come about as the result of the human mind set free to explore every possibility and every potential.
Happiness , contrary to any and all propaganda, is hidden within the free and joyful exploration of your own potential. Look at any growing child learning about his or her world if you want confirmation of this.
Any psychologist worth his or her salt could tell you that happiness is not tied either to wealth or poverty per se; but is only an emotional by-product that comes about when individuals take responsibility for their own lives; and when they are able to pursue thoses lives, relationships and goals freely, without undue interference from the state or collective.
In other words, in a politically and economically free environment, an individual retains responsibility for his or her own happiness. When the state and those who rule the state say they will take responsibility--then beware.
Happiness (or health) is not a gift that any economic or political system can bestow on you or guaranntee. The best any state or society can do with regard to happiness, is to strike down as many barriers that prevent a person from pursuing it in their own unique, individual way. The state can no more dictate what will make you happy, than it can dictate what would please your palate.
Nevertheless, as the Clare Boothe Luce once wisely quipped, "Money can't buy happiness, but it can make you awfully comfortable while you're being miserable."
At least under capitalism you can be comfortably unhappy. Under the benevolent fascism of the neo-marxists, you will be given endless opportunities to be miserably unhappy.
The neo-marxist fascists--the people who claim to know what is best for you and how to make you happy--will tell you that it is capitalism, materialism, wealth, money, affluence that is the root of all evil; but affluence is only a product of the human mind. But, their utopia cannot be achieved without the imposition of tyranny. When you try to control affluence--no matter how "good" your intentions might be--you must first enslave the human mind.
And that is the road to economic ruin.
Today's neo-Marxist fascists, those who have promoted the welfare state--a socialism "lite" if you will--are facing the brick wall of reality, which uncomfortably is reminding them that you cannot have your cake, and eat it too. They have been so busy eating the cake; dividing it up among all their special identity victim groups; promising ever more "victims" that they, too, will have a slice of that cake, and that it is theirs by right; that they have failed to notice the declining number of people who make cake in the first place.
Capitalism is far from perfect, but, it is consistent with human nature and, at least it rewards those who produce . And those who produce, slowly but surely, improve not only their own lot, but the lot of everyone else. The neo-Marxist fascists of the left would have you believe that there is only one cake; and that if one person gets a slice there is less to go around, i.e. it is a zero-sum cake....but in a free society; a society that allows rewards for making cakes, there will always be cake-makers and a wide variety of cakes to go around.
As we watch the welfare state methods of our supreme leader, as he and the non-producers attempts to punish the producers and suspend the laws of reality, we better all get used to life among the ruins, as we scramble for cake crumbs.
UPDATE: Speaking of cake....try some Moonbat Mocha Mousse Mirage Cake !