Connect with us

Hi, what are you looking for?

Financial Source ReportFinancial Source Report

Editor's Pick

New X Poll: Who Said It—a Socialist or a Natcon?

Norbert Michel

In recent years, national conservatives (natcons) have complained that a blind adherence to free‐​market philosophy has hollowed out the middle class and all but ruined America. To criticize financial markets, they adopted a term from decades past: financialization. According to proponents of financialization, many of whom are self‐​declared socialists, financialization represents some kind of overreliance on financial markets, resulting in too many resources being diverted from investments in the “real” economy.

For the next few weeks, Cato’s Center for Monetary and Financial Alternatives (CMFA) will post quotes from these critics—both old and new—on X and ask followers to vote whether they think the quote is from a natcon or a socialist. Twenty‐​four hours after each poll question is posted, @CatoCMFA will respond to its own post with the answer of who said it and whether the quote was from a socialist or a natcon. We hope you play!

You May Also Like

Editor's Pick

On this video from StockCharts TV, Julius assesses the quality of the breakout in the S&P 500, using sector rotation on Relative Rotation Graphs,...

Editor's Pick

It was a truncated day for the markets; over the past four trading sessions, the Indian equities continued to edge higher and ended on...

Editor's Pick

On this week’s edition of StockCharts TV‘s StockCharts in Focus, Grayson walks you through the “heart and soul” of StockCharts – Your Dashboard – and explains...

Editor's Pick

Neal McCluskey and Colleen Hroncich On May 17, 1954, something necessary but not sufficient for American liberty happened: The US Supreme Court struck down...

Copyright © 2023 FinancialSourceReport.com All Rights Reserved.