Cycle theories proliferate in Europe, where Liberal means laissez-faire to the educated. This particular one looks at oscillations in a system made unstable by altruism. The English it is written in is a second language (a concept that is hard to explain to Americans outside of Puerto Rico).
Still, the thoughts aren’t broken at all and the text is proof that political economy is alive and well in parts of Europe once enslaved by soviet socialist liberation. At a glance the graph shows “market share” of two broadly-described, evolving ideologies, the better of which is on the upswing at this Libertarian Moment, according to the author.
This whole concept of market penetration and replacement of things like techie gimrackery (cellphones v. landlines, for instance) has been a subject of applied mathematics since the 1970s. Today we have a definition of government perfected in 1908, and a proper purpose of government spelt out with the Non-Aggression Principle since 1947. Furthermore, the tacit assumption that there is something “good” about altruism has crumbled to powder at the feather-touch of a single question: Why?
Until that question was asked, force-initiating altruism waxed until the infected area became a totalitarian Altruria which promptly collapsed. The ruins were then gradually replaced by voluntarist individualism (however imperfect) in the cycle depicted. For the first time in history a non-aggressive party built on a consistent foundation may keep the blue line at its maximum value and the red line at its minimum henceforth. The Libertarian Party can accomplish this through the pressure of spoiler votes–the mechanism that spread totalitarianism before ethicists seriously analyzed the normative worth of 19th-Century assumptions. It’s certainly worth a try.
Much of the political strife of that era, and its economic consequences, are covered in Prohibition and The Crash–Cause and Effect in 1929. Live on Amazon Kindle in two languages