Some analysts are starting to think so. And I’m no fan of Mittens, but it is always refreshing to hear someone occasionally mention the fact that the private society is what builds wealth. Of course, its all hot air from Romney, and he likely wont do squat if he gets elected to fix things. But by repeating certain truths, the corrupt politicians inadvertantly help perpetuate the underlying idea of liberty. Quite simply, you still have to touch on peoples desire for liberty to win elections (even Obama did that in 2008 – with his promises of transparency, end to the wars, closing gitmo etc.). Liberty is still a force to be reckoned with. In fact, I think that to some extent the West is rising out of a decades-long slumber. Perhaps its because of the internet. But I’ve noticed, just during my short time on the interwebz (less than 4 years with this blog) that liberty-minded people are popping up everywhere. There is actually a one-day conference arranged by an organization (to me completely unknown up until recently) called “European Students for Liberty” here in Stockholm this fall. To the best of my knowledge, this is something unique that is about to happen. I suspect that the coming “D-Mark Revival”-movement that is likely to appear soon will help out from the German side.
In short, despite the despicable state of affairs in the West, there is some hope. and its mostly younger people. The socialist brainwashing is wearing off – probably a lot because of the spectacular USSR-failure. Mises said so about 100 years ago, but most people (especially intellectuals) need a century or so to learn to listen.