Nixonian Socialism

[NVMojo]

Interesting and bizarre read ....

This essay was first published in the January 1971 issue of The Libertarian Forum, before Nixon’s price and wage controls and many other interventions over the course of his presidency. Rothbard predicted the future state of the Nixonian economy in every respect. The essay is important for another reason: he correctly sees that Republican socialism is of a special sort that benefits the GOP constituency, and enjoys the tacit approval of conservative organs of opinion.

It is traditional at the turn of the year to survey the state of the economy and to try to forecast what lies ahead. Despite the Pollyanna chorus with which we have been deluged for the last year by "conservative" and "free-market" economist-whores for the Nixon Administration, we can state flatly that the state of the economy is rotten, and destined to get worse.

In the 1960 campaign there first appeared the curious phenomenon of "anarcho-Nixonites," several friends of mine who had become aides to Dick Nixon, and who assured me that Tricky Dick had assured them that he was "really anarchist at heart"; once campaign pressures were over, and Nixon as President was allowed his head, we would see an onrush toward the free market and the libertarian society.

more...

http://www.lewrockwell.com/rothbard/rothbard86.html