＞It is unthinkable that these ignorant and benighted propertyless people, blue-collar workers who can do nothing more than carry out the fixed routines drilled into them by their superiors, could efficiently manage a business corporation, or become its owners (shareholders), supply risk capital or physical assets, and create brand-new normal goods through innovation (technological progress).
＞If one decrees that the ignorant and benighted propertyless class are “the protagonists of the world,” that “cheap goods benefit the working class and the propertyless,” and then forces through micro-level price destruction and macro-level deflationary policies that invite chronic depression, the economy can only wither away and follow the path of self-destruction seen in: (1) the state-owned enterprises and kolkhozes of the former Soviet Union and Eastern Europe, and the people’s communes of China; (2) the French Fifth Republic after the May 1968 Revolution; and (3) the “Lost 30 Years of Heisei Deflation Japan” brought about by the price-destroying structural reforms of the low-ability, immature university trio of Koizumi, Takenaka, and Kato Hiroshi.
＞The worthless American Democratic administration that occupied Japan after the war (Harry Truman: 1945–1953), aping Stalin of the Soviet Communist Party who crushed the kulaks and forcibly collectivized agriculture under kolkhozes during the First Five-Year Plan (1928–1932), forced through land reform in Japan, introduced the cultivator-ownership principle that symbolizes the Marxist-Leninist labor theory of value, and controlled independent farmers through the Japanese version of the kolkhoz—the agricultural cooperatives (JA).
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＞It is unthinkable that these ignorant and benighted propertyless people, blue-collar workers who can do nothing more than carry out the fixed routines drilled into them by their superiors, could efficiently manage a business corporation, or become its owners (shareholders), supply risk capital or physical assets, and create brand-new normal goods through innovation (technological progress).
＞If one decrees that the ignorant and benighted propertyless class are “the protagonists of the world,” that “cheap goods benefit the working class and the propertyless,” and then forces through micro-level price destruction and macro-level deflationary policies that invite chronic depression, the economy can only wither away and follow the path of self-destruction seen in: (1) the state-owned enterprises and kolkhozes of the former Soviet Union and Eastern Europe, and the people’s communes of China; (2) the French Fifth Republic after the May 1968 Revolution; and (3) the “Lost 30 Years of Heisei Deflation Japan” brought about by the price-destroying structural reforms of the low-ability, immature university trio of Koizumi, Takenaka, and Kato Hiroshi.
＞The worthless American Democratic administration that occupied Japan after the war (Harry Truman: 1945–1953), aping Stalin of the Soviet Communist Party who crushed the kulaks and forcibly collectivized agriculture under kolkhozes during the First Five-Year Plan (1928–1932), forced through land reform in Japan, introduced the cultivator-ownership principle that symbolizes the Marxist-Leninist labor theory of value, and controlled independent farmers through the Japanese version of the kolkhoz—the agricultural cooperatives (JA).