R.J. Rushdoony–he didn’t need a crystal ball to see the future.
I know the title is a little dry and the essay is a long one, but stay with it. R.J. Rushdoony wrote it back in 1967, and it’s still as true as ever. Maybe even more so.
https://chalcedon.edu/resources/articles/capitalization-and-decapitalization
“Capitalization is the product of work and thrift,” he said; and these are the product of character. Specifically Christian character. But “socialism is organized larceny,” and its result is decapitalization–more need, less money!–and not only inflation and want, but also a deterioration of character itself. “Things which were once intolerable and forbidden are now openly promoted and sponsored,” Rushdoony wrote. Can you say “transgender”? We go from secret, hidden vices to abominations openly performed.
As our culture, our character, deteriorates, so does our productivity. The inflation that we face today, the worst in 40 years, is exactly what Rushdoony would have predicted.
We can’t just let it all keep going as it’s going.