Over half of the young Italians voted for one of the populist parties that now came into power in Italy. Why did they vote so recklessly?
In the EU, and most likely in the whole West, approximately 30% of the young are unemployed. How is it possible that the people with the most physical stamina, intellectual energy, power and new ideas, people who should establish families and make children, people whose brains are still working properly, are rotting at home with nothing to do?
In any normal times, they would be the one doing all the work; the old would be at home. But these are not normal times.
We know why everything is upside down. There is a gigantic suck that drains all the energy and channels it to the old. It taxes 60-70% of everything ever happens, and then maintains huge bureaucracies, pensions, utopian projects, massive indoctrination regimes and other megalomanic projects. All this on a scale never seen before in history.
And because not even the 60-70% is enough for its megalomania, these governments now accumulate debts and print money to fund everything; debts that you, the young, are supposed to pay later – on the top of everything else. Will you?
So, everybody sees that things aren’t going well. Yet, these same young people also think that socialism is the answer. In other words, they want even more of the same.
“Socialism” is a term that has been misused. If you think of socialism in the sense of Marx, for example, it means workers’ (and not capital’s) control of production. That is not the same as totalitarian state, welfare utopia, universal basic income, 70% taxation, printing of free money, or Stalin’s Soviet Union. It means that those who work in an enterprise control and own it and share whatever it produces. But the young people are not looking for this system. They are looking for a world in which everything is free.
And that is exactly what we have today.
Can’t you see that this just is the ingenious thinking behind the system in which everybody is sucking everybody else by using government coercion as a tool?
Here’s how the baby boomers figured it out: “Hey, looks like I’m going to retire. I really haven’t saved enough for a nice and comfortable pension . . . Better suck the next generation.”
So our pension contributions skyrocketed.
And the bureaucrats: “Looks like there’s not enough resources to provide comfortable living. Why not to print more? Why not to tax houses, cars, televisions, Internet, all sales; why not to tax housing purchases, emissions? Why not to add “solidarity tax” for the rich? Let’s add “freedom tax” for the poor. We should also consider an “Internet tax”. Indeed, why not to tax everything that anybody ever has to do.”
And the rich and entrepreneurs: “I can’t afford these taxes. Can you pay me in cash?”
And so here we are today. The young are the losers in this game because they have no power.
I’m worried, because this type of socialism is the exact wrong answer to our problems.
Instead, the massive bureaucracies and megalomanic government schemes have to be scaled back, so that a normal person can, by using his or her honest labour, afford a decent life. This massive bureaucratization of everything that has been going on for the last century just did not work.
But when the real power transfer finally occurs, and the system breaks down, can the young realize this?
Or do we repeat history?