Tea Party vs. Central planning

Here's what the TP itself really fears, in an inchoate way that for most of its members doesn't rise to the level of clear understanding, but is still intuitively very powerful: the US is embracing central planning as a governing theory, as fast as our legislative processes will allow. . . . Central planning has two primary flaws, when compared with economic freedom: it misallocates resources, and it magnifies the impact of corruption. I could write a decent-sized book explaining both of those mechanisms, but because I've never been busier in my life than I have been these past few weeks, I'll cut to the conclusion.

The endpoint of central planning, if not outright failure, is a much deeper and more intractable division of society into haves and have-nots. After promising a better world for everyone, the progressives will end up creating a society that is more polarized than ever. . . . And we're already seeing everywhere, from David Brooks to Noam Chomsky, the signs of how the elites will have to deal with the polarization: by loudly proclaiming in their captive media that the have-nots are stupid and, eventually, evil.

from here, via this.