Hungarian Conservative

Gábor Deutsch, the staunchly anti-communist Chief Rabbi of Devecser, wrote a study on Judaism and Bolshevism published in 1937 in which his aim was ‘to prove, point by point, that the classical revelations of the Jewish religious ethos, the Scriptures and the Talmud are opposed sharply to the basic doctrines of Bolshevism’. On 4 July 1944 he was transported to Auschwitz, from where he never returned.

‘Nation-states will be reduced in their functionality, becoming of secondary importance as entities, and the principle of territorial existence will slowly dissolve into a new, boundless uniformity. To use a rather un-English term, we are going to witness the deterritorialization of the world—a world deprived of the territories of its constituents, at least if we are to believe the new utopians.’

Re-reading Bloom’s book, we must acknowledge that there indeed existed a thorough and fierce analysis drawing attention to the decline of university life already decades ago. Unfortunately, this appeal was ignored.

Central planning is not viable because it can never collect enough information about the market to optimally coordinate economic interactions. It is also a path that may lead to a totalitarian state.

While some disappointment with capitalism—just like with any system—is completely understandable, the virtues of capitalism must be acknowledged.