Friday, December 12, 2008

The Back Door to Socialism

Barack Obama plans to initiate public-private partnerships (PPPs) on a grand scale. While the media focuses on Obama's First Dog or his left-handed jump shot, behind the scenes he is planning how to become president of the world. Therefore, it is worth enumerating many of his proposed partnerships so as to expose his actual policies, and then offer an Austro-libertarian analysis of these partnerships. As we will see, a mix of public and private ownership is a socialist arrangement, and a sly tactic employed by those looking for increased power, albeit under a different name: the public-private partnership.

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