This is from the brilliant Ayan Hirsi Ali. It’s not long. Please read if you have the time:
Here are 2 nuggets:
Under a system of crony capitalism, businesses may rely on improper political connections to create cumbersome regulations that block competition. However, in a country with a functioning rule of law, a free press, and an informed public, and where corrupt officials are prosecuted, intense scrutiny of such practices can mitigate this systemic risk.
The neosocialism of 2020 has shifted gears from the more economically focused socialism of the twentieth century. Now it is enmeshed with the ideas of postmodernism and identity politics. This type of socialism rejects capitalism as immoral, along with notions of national borders and national sovereignty. It condemns American history, emphasizing only the darkest pages of the US experience, not the ideals to which the founding fathers aspired or which drew so many immigrants of all backgrounds over the years. “Woke” socialism is thus distinct from the socialism of Karl Marx and Friedrich Engels, which was heavily focused on economics and the workers’ struggle. Neosocialism carries an ostensible moral appeal for young people who may know little about history or the nature of socialism, or who are disenchanted with the current state of the world.
Sadly, this sounds all too familiar.