Thursday, September 02, 2021

Biden’s Ministry of Truth and Some Actual Truth on A Deeper Subject.

Just as the reduction in the chocolate ration in 1984 from 30 grams a week to 20 was heralded as an increase to 20 grams, so Biden’s catastrophic failure in Afghanistan is being described as a success by our Ministry of Truth.


This is my response to the tweet at

You seem to think that the wealth of the rich is in the form of consumers’ goods, like mountains of spaghetti, the eating of which makes them monstrously fat, while their overworked, exhausted employees are lucky if they can get a handful of beans to eat.

The truth is that the wealth of the rich is overwhelmingly in the form of MEANS OF PRODUCTION, including the funds with which to pay wages. As such, it is the base of the supply of goods and the demand for labor. The greater it is, the higher is the general standard of living.

The more the government takes from the rich, the less is the supply of capital goods, the demand for labor, and the general standard of living. For further discussion, see my Capitalism: A Treatise on Economics, available at capitalism a treatise on economics