Just as the Security Council was largely irrelevant to the great struggle of the last half of the twentieth century - freedom against Communism - so too it is largely on the sidelines in our contemporary struggles against international terrorism and the proliferation of weapons of mass destruction.
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What we have at present is a system of loss socialism. Whatever goes wrong is shouldered by the general public and anything that works is privatised. Worshippers of market freedom have suspended the most important economic principle: Risk and liability go hand in hand.
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