I thought this was parody, had to check if the account is legit.
This Islamophobia Awareness Month, we must shine a light on the abhorrent hatred and discrimination Muslims continue to face.
In the last year alone, religious hate crimes targeting Muslims rose by 15% in England and Wales.
This is utterly unacceptable. London will always stand against hatred, prejudice and discrimination.
The Berlin Wall existed to imprison people, not protect them. East Germany's Socialist Unity Party built it overnight on August 13, 1961, because 3.5 million citizens had already fled west since 1949. What kind of paradise requires machine guns and tripwires to retain its residents?
East German factories produced goods nobody wanted at costs nobody could measure, generating poverty through maximum industrial effort. The Trabant, a plastic car running on two-stroke misery, took eleven years to obtain and became the symbol of socialist production.
Wages set by bureaucrats rather than markets punish productivity and reward compliance. You cannot vote against a system with your ballot when the party controls every ballot. You can, however, vote with your feet. East Germans voted emphatically, roughly 2,000 per day before the Wall stopped them.
The Wall's construction was the state admitting defeat in the plainest possible language. Concrete and barbed wire replaced ideology because ideology stopped working. Border guards killed at least 140 people attempting to escape between 1961 and 1989. Socialism held its population through lethal force, the final honest price signal the system ever produced.
Handre retweeted
In 1965 Malaysia kicked Singapore out of the Malaysian federation, and Tunku Abdul Rahman thought he had won. He had dumped a port city with no oil, no farmland, no fresh water, and two and a half million people crammed onto an island smaller than Lake Tahoe. Sixty years later Singapore's GDP per capita runs past $84,000 while Malaysia limps along under $12,000. The man who got expelled built the richest patch of dirt in Asia. The man who did the expelling built the New Economic Policy.
Let's study what happened.
Start with what Singapore lacked. No resources. No hinterland. No domestic market worth the name. By every theory that says a nation needs raw materials to prosper, Singapore should have starved. Instead Lee Kuan Yew made his country a place where capital felt safe. Low tariffs. Easy entry for foreign firms. Courts that enforced contracts instead of shaking down the parties. Corporate tax dropped to 17 percent, personal rates capped at 22, no tax on most capital gains. Money flowed in because money is not stupid.
Malaysia chose the opposite. The New Economic Policy was racial central planning dressed up as fairness. Bumiputera quotas demanded that ethnic Malays hold 30 percent of corporate equity, that government contracts favor Malay-owned firms, that universities admit by race rather than ability. The state picked winners by bloodline. Predictably, the productive Chinese and Indian minorities took their capital and brains elsewhere, much of it to (where else) Singapore. You distort prices and incentives long enough, the talented people leave. They always leave.
Lee Kuan Yew was not perfect. The man jailed opponents, sued journalists into poverty, and ran a soft authoritarian state with a fondness for caning. He banned chewing gum, which is the kind of thing a control freak does when he runs out of real problems. Singapore is no libertarian paradise. The government owns Temasek and GIC, sovereign wealth funds sitting on close to a trillion dollars combined, and public housing covers 80 percent of the population. Plenty there for a free market thinker to dislike.
But here is the lesson Malaysia missed. Lee understood the difference between an interventionist government and a parasitic one. Singapore's state stayed mostly out of the price system. It kept inflation low, the currency credible, the bureaucracy clean, and trade open. Transparency International ranks it the fifth least corrupt country on earth. Malaysia sits at 57th, with a former prime minister, Najib Razak, currently serving time for looting 1MDB to the tune of billions. One country treated public office as a trust. The other treated it as a buffet.
Capital responds to incentives, not slogans. When Singapore guaranteed property rights and kept the rules predictable, Exxon and Shell built refineries, banks set up regional headquarters, and the port became the busiest transshipment hub in the world. When Malaysia told investors that race would override merit and that the rules could change whenever a minister felt like it, the smart money discounted everything by a risk premium. Over fifty years that premium compounds into a $70,000 gap in living standards.
If creating new money doesn't cause inflation, why is counterfeiting illegal? If new money doesn't affect the economy, why can't anyone just print as much as they want?
Banks conjure money from nothing, and you pay the interest on that conjuring. This is fractional reserve banking: your deposit of $1,000 becomes the legal basis for the bank to lend out $9,000 it doesn't possess, collecting interest on the full sum while you earn 0.4% on your savings account.
This mechanism is elegant fraud, if you're generous. The bank holds reserves, say 10%, and lends the remainder. That lent money gets deposited elsewhere, becoming reserves for another round of lending. One dollar of base money fans outward into a pyramid of credit. Murray Rothbard calculated that a 10% reserve ratio allows a single $1,000 deposit to support $10,000 in total deposits across the system.
This expansion creates purchasing power that competes with your existing dollars. Your savings are diluted as surely as a counterfeiter working in your neighborhood. Prices rise. You feel poorer because you are poorer.
The Federal Reserve, established in 1913, backstops the entire structure. Banks lend recklessly because the Fed stands ready to bail out the system with freshly printed reserves. Privatized profits, socialized losses. The 2008 crisis saw the Fed expand its balance sheet from $900 billion to over $2 trillion within months, and you bore the inflationary consequences.
The Linux kernel runs on roughly 90% of the world's servers, and no government bureau ordered a single line of it written.
Voluntaryism produces complex, high-quality goods when property rights and freedom of association exist. Linus Torvalds started Linux in 1991 as a personal project and published the source code freely. Thousands of programmers contributed without coercion, without central planning, and without a bureaucrat deciding which features mattered. No one is in charge, yet coordination happened anyway, because reputation, shared purpose, and community norms substitute perfectly well for top-down management when nobody holds a gun to your head.
Critics trained by decades of public-school economics assume voluntary cooperation collapses without enforcement from above. Open source destroys that assumption daily. The Apache Software Foundation runs on donations and volunteer labor. Mozilla Firefox competes against trillion-dollar corporations and wins users on merit.
Spontaneous order does not require a committee. It requires only that you leave people free to act on their own knowledge and judgment.
If you put the federal government in charge of the Sahara Desert, within five years there would be a shortage of sand. Friedman said it.
Central planners don't destroy resources through malice. Its destroyed through incentives. A bureaucrat managing sand faces no profit signal, no loss discipline, no price feedback telling him whether he's allocating well or catastrophically. He faces a budget cycle, a re-appointment committee, and a congressional hearing if anyone complains loudly enough. Those pressures produce paperwork, not productivity.
You see this everywhere. The U.S. Strategic Petroleum Reserve, nominally a crisis buffer, became a political release valve. Joe Biden drained 180 million barrels during 2022 to suppress gasoline prices before midterm elections. The reserve sat at 347 million barrels by late 2023, its lowest since 1983.
Sand, petroleum, housing: the mechanism stays identical regardless of resource. Sever ownership from consequence, and stewardship collapses inside the bureaucracy that replaced it.
What a shame. Our lame ass government has banned advertising for almost everything in this country except online gambling.
Just look at any sports team or event in SA, and all you see is online gambling. Try to drive somewhere? Online gambling and takeaways and insurance companies on every billboard.
Scroll the web? Online gambling on every single website.
Every other vice, including alcohol and tobacco, is banned from advertising in SA, giving gambling the monopoly on our eyes.
The statistic below is the result.
🎰 Share of internet users who gambled online in the past month
1. 🇿🇦 South Africa: 32.3%
2. 🇳🇴 Norway: 31.2%
3. 🇬🇷 Greece: 25.8%
4. 🇳🇿 New Zealand: 24.0%
5. 🇬🇭 Ghana: 21.5%
6. 🇭🇺 Hungary: 21.5%
7. 🇬🇧 United Kingdom: 19.6%
8. 🇧🇷 Brazil: 19.0%
9. 🇦🇹 Austria: 18.7%
10. 🇦🇺 Australia: 18.0%
11. 🇳🇬 Nigeria: 18.0%
12. 🇨🇱 Chile: 16.6%
13. 🇰🇪 Kenya: 16.0%
14. 🇵🇹 Portugal: 15.8%
15. 🇭🇷 Croatia: 15.5%
16. 🇹🇭 Thailand: 15.0%
17. 🇭🇰 Hong Kong: 14.9%
18. 🇮🇪 Ireland: 14.8%
19. 🇷🇸 Serbia: 14.4%
20. 🇧🇪 Belgium: 14.3%
21. 🇨🇦 Canada: 14.3%
22. 🇨🇴 Colombia: 13.8%
23. 🇩🇰 Denmark: 13.8%
24. 🇷🇴 Romania: 13.7%
25. 🇲🇽 Mexico: 13.3%
26. 🇩🇪 Germany: 13.2%
27. 🇫🇷 France: 12.7%
28. 🇦🇷 Argentina: 12.5%
29. 🇸🇪 Sweden: 12.5%
30. 🇪🇸 Spain: 12.0%
31. 🇨🇭 Switzerland: 12.0%
32. 🇧🇬 Bulgaria: 11.9%
33. 🇵🇭 Philippines: 11.5%
34. 🇹🇷 Türkiye: 11.1%
35. 🇳🇱 Netherlands: 10.9%
36. 🇸🇬 Singapore: 10.6%
37. 🇵🇱 Poland: 10.4%
38. 🇺🇸 United States: 10.2%
39. 🇮🇹 Italy: 10.1%
40. 🇨🇿 Czechia: 9.9%
41. 🇮🇳 India: 7.6%
42. 🇯🇵 Japan: 7.5%
43. 🇲🇦 Morocco: 7.3%
44. 🇷🇺 Russia: 7.0%
45. 🇮🇱 Israel: 6.8%
46. 🇹🇼 Taiwan: 6.5%
47. 🇻🇳 Vietnam: 5.7%
48. 🇰🇷 South Korea: 2.7%
🌍 Worldwide: 7.8%
Internet users aged 16+. Survey from Q2 2025. The worldwide figure is GWI's aggregate across all markets it surveys.
Source: GWI, via DataReportal Digital 2026
Please let this serve as a lesson to sane people around the world.
These people don't have running water anymore, and sewage is running in the streets, but millions will still vote for the party that directly caused this.
Democracy is a failed system.
Socialism is impossible.
Socialism is impossible. Read that again.
Here is why:
1. Ludwig von Mises and the Calculation Problem; then 2. Friedrich Hayek and the Knowledge Problem.
They are distinct, and it's important to understand the difference.
Mises fired first. In his 1920 paper "Economic Calculation in the Socialist Commonwealth," he drove a stake through the heart of central planning by showing that rational economic calculation is impossible without private ownership of the means of production. Prices are not arbitrary numbers. They are signals generated by actual bids and offers between property owners who face real profit and loss. Strip away private property, and you strip away the bidding process. Strip away the bidding process, and prices become bureaucratic guesses. A Soviet planner deciding how much steel to allocate between rail construction and tractor manufacturing has no genuine price for steel because no one is buying or selling it freely. He is flying blind. The problem is structural, not administrative. Hire smarter planners, give them faster computers; it changes nothing. The information cannot exist without the market process that generates it.
Communists read this and realized Mises was right. They found a roundabout way to keep going. They would simply use prices from Western capitalist countries.
Then Hayek hit them with his 1945 essay "The Use of Knowledge in Society." His target was subtly different. Hayek accepted that prices aggregate information. His contribution was to identify what kind of information markets process: local, dispersed, tacit knowledge that no central authority can collect. A warehouse manager in Düsseldorf knows that his particular supplier is three weeks behind schedule. A farmer in Kansas knows the soil conditions on his specific plot after last month's frost. A textile merchant in Lyon knows which dyes his buyers currently prefer. None of this knowledge is written down anywhere. Much of it the people holding it cannot fully articulate. It lives in habits, relationships, and on-the-ground experience accumulated over years. No survey, no commissar's report, no algorithm extracts it reliably. You cannot copy it from one country to another.
Mises showed that central planners lack the mechanism to generate rational prices. Hayek showed that even if planners somehow had prices, they still could not possess the ground-level knowledge those prices encode. Mises's problem kills socialist calculation at the structural level. Hayek's problem kills it at the epistemological level. The two arguments are complementary, stacked on top of each other like floors of a building.
The Soviet Union ran this entire experiment in full. Central planners in Moscow set over 20 million prices by the late Soviet period. Shortages and surpluses coexisted everywhere. Bread rotted in one city while another city's bread lines stretched around the block. Planners were not uniquely corrupt or stupid. They were operating inside an institutional structure that made rational allocation geometrically impossible, exactly as Mises predicted in 1920 and exactly as Hayek's epistemology explained in 1945.
Every government price control, every production quota, every centralized allocation scheme you live under today repeats this mistake at a smaller scale. The mechanism fails whether the commodity is steel, housing, or healthcare. The scale changes; the logic does not.