Tito – coca cola socialism

The funeral 8th May 1980. The funeral of Josip Broz Tito, President of Yugoslavia. From Moscow came Leonid Brezhnev, General Secretary of the Soviet Union; from Washington, Vice-President Walter Mondale and the President’s mother, Lillian Carter. Margaret Thatcher came for Britain, Helmut Schmidt for West Germany, and from the other Germany came Erich Honecker. President … Read more

Elon Musk and the Myth of the Free Market

When SpaceX’s share price fell last week, Elon Musk lost another vast slice of his fortune. That hardly qualifies as a national tragedy. But it is a reminder that one of the richest men in history owes much of his wealth to a company routinely presented as the ultimate triumph of private enterprise. The reality … Read more