Incompatible

clipped from fortcollinsteaparty.com And please don’t be taken in by the predominant liberal view that the best economy is a “mixed economy,” or a “blended” one. In actuality, there is no such a thing. That is also collectivism. Private ownership of the means of production (market economy or capitalism) and public ownership of the means of production (socialism or communism or “planning”) can be neatly distinguished. Each of these two systems of society’s economic organization is open to a precise and unambiguous description and definition. They can never be confounded with one another; they cannot be mixed or combined; no gradual transition leads from one of them to the other; they are mutually incompatible. With regard to the same factors of production there can only exist private control or public control (Ludwig von Mises, Human Action, Chapter 27). In short, any kind of blended system — or “hampered economy” — effectively means rule by lobbyists.