Green Nude Eels and Old New Eels


James P. Pinkerton has a post over at The American Conservative about how the Democrats’ lack of imagination has forced them to recycle failed ideas from FDR’s administration. In addition to court packing, various Democrats are pushing a Green New Deal. Others are proposing a Universal Basic Income. And way too many Democrats seem to be behind higher taxes and so-called Modern Monetary Theory.

Yet Modern Monetary Theory might just as well be called Weimar Monetary Theory, as we recall, without affection, the German hyperinflation of 1921-23. Historians regard that monetary debacle, which wiped out Germany’s middle class, as one of that country’s stepping stones on the road to Nazism.

While many Progressives will refer to anyone opposing their proposals as a “nazi,” they seem to view being on a road to more state control as a feature not a bug. Stephen Green (he’s due a H/T for pointing me to the Pinkerton piece) has noted,

that the current push for ultra-high income taxes isn’t about collecting revenue, but about increasing control and creating new opportunities for graft.

Yep. American Progressivism has been about control from the late 19th century onward. Those early Progessives wanted to control the underclass and undesirables just as their great-great grandchildren want to control deplorables. Prohibition finally failed, but the mischief caused by the Harris Act (federal control of opium and coca) and its successors lives on. So does Planned Parenthood. So does …

As for graft, it’s not always about money. More often, it’s about power. Many supporters of the Progressive cause assume that they are members of the Party when, in fact, they are only useful proles, and many members of the Outer Party assume that they will be part of the Inner Party one day. Both groups will be shocked when their chocolate ration is raised from 30 grams to 20 grams along with the rest of us.