Now that the Democratic Party has “come out” as proudly Socialist, the American electorate has a clear choice: vote Trumpist Republican and be free and prosperous OR vote Big Brother Democrat and be collectivized and poor.

Nobody has ever explained why the free market is “just” AND creates wealth, better than the great economist Friedrich von Hayek. Here he is explaining why to William F. Buckley Jr. in 1977, supported in his argument by George Roche III, president of Hillsdale College.

Hayek explains that in order for a ruling power to make people economically equal, it would have to “treat people very unequally indeed”. (Some would have to work and be robbed of their wages,  while others would be able to sit back, do nothing, and receive the bounty of the stolen funds).

Buckley, who was actually strongly conservative, plays “devil’s advocate”, putting the (sentimental) case for Socialism to his two interlocutors.

We would have preferred Hayek to use the word “fair”, or “equitable”, rather than “just”, because justice can only apply to the individual. George Roche’s argument for freedom on moral grounds comes close to making this point, if not very clearly. We understand that Hayek had to say “just” because “Social Justice” is the subject and title of the discussion.

We learn from Scott Johnson at PowerLine:

On April 15 the William F. Buckley, Jr. Program at Yale inaugurated its annual Disinvitation Dinner. … Keynote speaker was George Will … took up the subject of the parlous state of free speech. … This is a timely speech on an important subject as liberal fascism continues its march through the institutions.

Scott Johnson selects this extract:

Free speech has never been, in the history of our republic, more comprehensively, aggressively and dangerously threatened than it is now. The Alien and Sedition Acts arose from a temporary, transitory fever and were in any case sunsetted and disappeared. The fevers after and during the First World War and in the early culture war era also were eruptions of distemper rooted in local conditions and local issues bound to disappear, which they did.

Today’s attack is different. It’s an attack on the theory of freedom of speech. It is an attack on the desirability of free speech and indeed if listened to carefully and plumbed fully, what we have today is an attack on the very possibility of free speech. The belief is that the First Amendment is a mistake. . . .

Yesterday the Democratic Party, the oldest political party in the world, the party that guided this country through two world wars and is more responsible than any other for the shape of the modern American state — the Democratic Party’s leading and prohibitively favored frontrunner candidate for the presidential nomination announced four goals for her public life going forward, one of which is to amend the Bill of Rights to make it less protective. It’s an astonishing event. She said that she wants to change the First Amendment in order to further empower the political class to regulate the quantity, content and timing of political speech about the political class — and so far as I can tell there’s not a ripple of commentary about this on the stagnant waters of the American journalistic community.

There is also a video of George Will delivering his entire speech. We cannot import it but we hope our readers will treat themselves to it. It is all meat. We assure you the hour passes very quickly.