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| Democritus and Heraclitus [CC0] |
My copy of The Fragments of Heraclitus translates his most famous line as: ‘Into the same river we both step and do not step. We both are and are not.’ We are all part of the economic system of capitalism, but we do not all agree on the role of government in the economy. Using Heraclitus’s statement to signal that we need a ‘new’ type of capitalism is misguided. Here’s why.
Here is my latest article in The Spectator's Flat White, On Labor’s Heraclitus: the fragments of socialism.
For in this line from Heraclitus, all is revealed about the values-based capitalism being pushed onto voters: flogging the dead horse of #socialism, rolling it over and flogging the other side. Put simply, socialism doesn’t work.https://t.co/CN0J6yHNy1
— The Spectator Australia (@SpectatorOz) February 16, 2023