Howard Dean was a major contender for the Democratic nomination for President of the United States in 2004, and later served as Chairman of the DNC.  In other words, he is a mainstream Democrat.  It is thus significant when he says a bit of capitalism mixed with a dab of socialism is the way to go.

This level of ignorance is frightening.  The “third way” between capitalism and socialism is exactly what created the financial crisis.  It is also delivering Europe into an abyss of dependence and moonbattery.  As Hayek warned, half measures of socialism will lead inevitably to the full thing.

We know what works.  It’s called free enterprise, and it’s based on simple principles, such as individual rights and personal responsibility.  We abandoned this approach over 70 years ago and are suffering the consequences today.  It’s time to bring it back.

Hat-tip: A Chequer Board of Nights & Days

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