Justin’s note: Communism is better than capitalism.
At least, that’s what a growing number of young people in the U.S. think.
I wish I were joking. But a recent study from the Victims of Communism Memorial Foundation, a D.C.-based nonprofit, found that half of the millennials it surveyed would rather live in a socialist or communist country than a capitalist society.
And 22% of those surveyed had favorable views of Karl Marx… while 13% viewed Joseph Stalin and Kim Jong-un as “heroes.”
To figure out what’s behind this disturbing trend, I called Doug Casey…
Justin: So Doug, about half of U.S. millennials would rather live in a socialist or communist country… What’s gotten into the youth?
Doug: The youth are being corrupted, and it’s more serious than ever.
I say that a bit tongue-in-cheek, however.
That’s because one of the two charges against Socrates when he was executed in Ancient Greece was corrupting the youth. Older people always think the youth are foolish, ignorant, lazy, crazy, and generally taking the world to hell in a handbasket. And of course many of their charges are, and always have been, true.
But as kids get older, they generally get wiser, more knowledgeable, harder-working, and more prudent. Nothing new here. The world has survived roughly 250 new generations since civilization began in Sumer 5,000 years ago. And it will likely survive this one too.
That’s the bright side. And, as you know, I always look on the bright side. But, on the other hand, the American university system has been totally captured by Cultural Marxists, socialists, statists, collectivists, promoters of identity politics, and people of that ilk. These people hate Western Civilization and its values, and are actively trying to destroy them.
Justin: How’d that happen? Don’t young people go to college to learn how to think critically?
Doug: When the average 18-year-old goes to college, he knows very little about how the world works in general. He’s got vague ideas he picked up mostly from TV, movies, and people who got a job teaching high school. They know roughly nothing about economics, government, or history. Worse, what they think they know is mostly wrong.
That makes them easy prey for professors with totally bent views to indoctrinate them.
It’s not so much that they’re taught inaccurate facts. There are plenty of “factoids” (artificial facts), of course—like the War Between the States (which shouldn’t be called the Civil War) was mainly fought to free the slaves. Or that Keynesian economics is correct. And many, many more. But that’s just part of the problem.
It’s not the factoids they’re taught. It’s the way the schools interpret actual facts. The meaning they infuse into events. The way they twist the “why?” of events, and pervert concepts of good and evil.
The real problem, however, is that, contrary to what you suggested a moment ago, they’re not taught critical thinking. Rather just the opposite—they’re taught blind acceptance of what’s currently considered politically correct.
Instead of questioning authority in a polite and rational manner—which is what Socrates did—the current idea is to prevent any divergent views from even being discussed. The profs are basically all socialists, and the kids tend to believe what they’re taught. Those views are buttressed by the other sources of information available to them—Hollywood, mass media, and government.
These bad ideas usually start with “intellectuals.” Intellectuals typically despise business and production, even though they envy the money the capitalists have. Intellectuals feel they’re not only smarter, but much more moral. That gives them the right, in their own eyes, to dictate to everyone else. That’s one reason why they’re usually socialists, and approve of a “cadre,” like themselves, ordering everyone else. Intellectuals naturally gravitate to the university system, where they’re paid to hang out with each other, be lionized by kids, hatch goofy ideas.
This has always been the case. But it’s becoming a much bigger problem than in the past.
Justin: How come?
Doug: A much, much higher percentage of kids go to college now than have ever gone to college in the past.
In the recent past, maybe five or a max of ten percent of kids went to college. These days, almost everybody goes. So a much higher proportion of the youth are being infected with memes that the leftists have put in there.
So yeah, some kids will grow out of it, and will realize that most of what they’ve paid an exorbitant amount of money to learn is nonsense. But most will reflexively believe and defend what they were taught in the cocoon. And I’m afraid those people now make up a big chunk of the U.S. population.
So yeah, I think the numbers that are quoted in that article, about how many kids think socialism is good, are probably accurate. And if they don’t think it, almost all of them feel it. Few know the difference between thinking and feeling…
Justin: Today’s universities aren’t just teaching bent ideas about politics and economics. They’re also dispelling insane notions on race.
For example, an anonymous student at Tulane University in New Orleans recently posted a sign that read “It’s okay to be white.”
Nothing wrong with that, right? Well, apparently the Tulane administration wasn’t pleased. Here’s an official response from Tulane’s public relations department.
We have no idea who posted these signs, but that person is obviously not speaking for Tulane University.
I got a chuckle reading that. But it’s a disturbing sign of the times. Wouldn’t you agree?
Doug: Yeah, it borders on the unbelievable. The insane, actually.
Most whites have been indoctrinated, both indirectly and directly, subtly and overtly, over the years. They’ve bought the propaganda that being white is bad. They believe Western Civilization is a bad thing…that white people have destroyed the world.
Even if they don’t want to believe it, because the concept is so stupid and so utterly contrafactual, they end up believing it just because they’ve heard it over and over. It’s very bad news across the board.
Justin: The mainstream media seems to be peddling these bad ideas, too. Wouldn’t you agree?
Doug: Absolutely. The memes that originated with intellectuals in universities have thoroughly infiltrated the mass media and the entertainment industry—places “thought leaders” gravitate towards.
And you’re getting no defense at all from so-called capitalists and business leaders. All they’re interested in is making money. And—absolutely if they’re wired with the Deep State—they don’t really care how they do it. They’re happy to work with and for the government. They self-righteously make charitable contributions to universities and NGOs, subsidizing the source of the poison.
So, there’s almost nobody to defend the ideas that have brought us Western Civilization. And—with the exception of a few anomalies like Taoism, yoga, and Oriental cooking—it’s responsible for about everything that’s good in the world. Without it the whole world would resemble Africa, or Cambodia, or Mongolia—not even today, but 200 years ago. Western ideas are things like individualism, freedom of thought, freedom of speech, science, rationality and capitalism. These concepts no longer have any defenders anywhere. They’re under attack everywhere.
Justin: This can’t be good for the economy in the long run.
Doug: No. It’s one of the reasons I’m generally bearish.
I mean, how can the markets be healthy when what’s left of the ruling class in the country actually hate themselves? When the middle class is collapsing? When political entrepreneurship is valued more than making money through production?
In fact, the economy and the markets are the least of our problems. The very foundation of civilization itself is under attack. The acceptance of destructive ideas is getting to be as serious as what we saw in Russia under the Soviets, in Germany under the Nazis, or China under Mao. More serious, since civilization is under serious attack in the U.S., which has been the bulwark for the last century.
So, excuse me for my bearishness, but I think it’s warranted.
Justin: Thanks as always, Doug.
Doug: You’re welcome.
Justin’s note: As Doug says, civilization is under attack in the U.S. And this crisis is only getting worse by the day.
That’s why Doug and his team recently released an urgent video that explains exactly what’s going on…and why it’s so important that you take action today. You can learn more right here.
Today, a comment on commodities…
Isn't it curious that oil is the most highly consumed commodity in the world? Demand for Gold should be enhanced to the upside, in my humble opinion.