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Democrats Want to Punish Elon Musk. Nationalizing SpaceX Would Punish Innovation.

Robby Soave talks about Robert Reich calling on Elon Musk | Illustration: Fatima Ruiz

Elon Musk is under attack! Countless Democrats are admitting they plan to investigate or even jail him if they take back power on Congress in the midterms. They can't tell you what he specifically did wrong, but they'll come up with something.

Just as bad, or even worse, however, is that some of his critics want to nationalize his companies, including Starlink, which provides crucial infrastructure to Ukraine. Former Labor Secretary Robert Reich, a far-left populist Democrat, thinks Starlink is too important to be left under Musk's control, and that the federal government would do a better job administering it. I doubt that, but let's hear what he had to say:

NEW: Robert Reich calls for the "defunding" of Elon Musk, calls for Democrats to go after Musk's companies.

"Democrats ought to [start] laying the groundwork for nationalizing Starlink & SpaceX… It should be a public corporation."

Does he want Musk to drop another $50M on the… pic.twitter.com/0jiljf0CtG

— Collin Rugg (@CollinRugg) October 25, 2026

From the horse's mouth: Reich thinks Democrats should be laying the groundwork to nationalize Starlink and SpaceX. This idea is crazy and reckless—and even dangerous. Here's why.

Now it's important to go over some of the background here. Starlink is a product that Ukraine uses to provide internet to its people, but only for civilian uses. Musk has maintained that while he is very happy to provide internet to Ukraine in the face of unrelenting invasion, Starlink cannot be used for offensive military purposes, because this would make his satellites a legitimate target of Russia in terms of their war effort. We want to avoid that. Separately, Starshield, a different system, is administered by the Pentagon, and Musk claims he has no control over it.

What happened last week is that a slowdown of the Starshield system resulted in reduced effectiveness of Ukraine's counterstrikes against Russia. And look, that was a problem. I traveled to Ukraine earlier this summer as part of a delegation arranged by a pro-Ukrainian nonprofit. I saw up close how important Starshield is to the defense of a free Ukraine. Moreover, there's entirely too much griping about Ukraine coming from some corners of right-wing media. Some people often seem to forget that Russia is invading Ukraine, not the other way around. It's Russia that won't accept a peace deal. When President Donald Trump called for an immediate ceasefire, Ukraine stopped hitting energy infrastructure in Russia—but Russia kept attacking anyway. Ukrainian President Volodymyr Zelenskyy has agreed to immediately stop fighting and freeze the conflict along the current lines, just like Trump wants. It's Russian President Vladimir Putin who won't negotiate.

We don't know for sure who ordered the Starshield slowdown. The U.S. government has denied doing so. Musk has, however, claimed Ukraine violated the terms of service of Starlink, using it for offensive military purposes, and thus that system was slowed down. I understand why that might be frustrating for the Ukrainians, but the fact is that it's Musk's company, so he makes the rules. It belongs to him.

And importantly, it has to stay that way. Nationalizing the company would be an insane step to take in response to a tech owner having a say in how his product is used. Do we really trust the government to operate these companies as efficiently as their founders? Of course not. Moreover, in this specific case, it might bring us closer to a direct confrontation with Russia—and as much as it's a good thing to undermine the Russian conquest of Ukraine, we do not want to start World War III.

And there are the broader philosophical harms. We are experiencing an unprecedented flourishing in the tech space, with AI, driverless cars, robotics, and such. When the government nationalizes a successful tech company, it sends a warning to all the others: If you're too good at what you do, we might take you over. We might punish you. This disincentivizes investment and innovation at a time when they're desperately needed.

Nationalizing Musk's companies is doing Ukraine no favors. But it will hurt America's interests too. We want to encourage Musk, Jeff Bezos, Sam Altman, Mark Zuckerberg, and all the rest to compete with one another to design products that make life better, earning them profits along the way. It doesn't work if the government butts in. Unfortunately, far-left thinkers like Reich, Sens. Bernie Sanders (I–Vt.) and Elizabeth Warren (D–Mass.), and many of the people who are about to be elected to Congress for the first time actually want to slow down the pace of tech. That's how much they hate Musk.

The post Democrats Want to Punish Elon Musk. Nationalizing SpaceX Would Punish Innovation. appeared first on Reason Magazine.

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World Day Against Child Labour

Written by Silvia González Vidal.

The International Labour Organization (ILO) introduced the World Day Against Child Labour in 2002. The day is observed annually on 12 June. The 2026 World Day focuses on reinforcing and accelerating actions aimed at preventing and eliminating child labour, with a key message: ‘Red Card to Child Labour: Fair play for children, decent work for adults’.

Background

The United Nations (UN) defines child labour as work performed by children under the minimum legal age specified for that kind of work, or work that, because of its hazardous nature or detrimental conditions, is prohibited. Forms of work that are beneficial to a child’s personal and social development, that do not interfere with schooling, but rather provide useful experience and skills, may be encouraged. Child labour is driven by poverty, paired with a lack of access to decent work for adults and young people, weak social protection and a lack of free, high-quality public education.

Addressing root causes and advancing social justice were at the heart of the Sixth Global Conference on the Elimination of Child Labour, held in Morocco in February 2026, in the context of the failure to achieve the Sustainable Development Goal (SDG) Target 8.7 on ending child labour by 2025. The Conference adopted the Marrakech Global Framework for Action against Child Labour, a renewed roadmap aimed at eliminating child labour by 2030 through a human rights-based approach centred on social dialogue and multi-sectoral cooperation. The Marrakech commitments prioritise aligning national legal frameworks with international labour standards, ensuring universal access to quality education, and expanding social protection systems. They also highlight the unique challenges within the African region, the agricultural sector, one of the largest for child labour, and the emerging threat of online exploitation.

World Day Against Child Labour 2026

The 2026 World Day Against Child Labour comes after the Sixth Global Conference on the Elimination of Child Labour. Building on the Marrakech commitments, the 2026 campaign carries the message ‘Red Card to Child Labour: Fair play for children, decent work for adults‘, highlighting the link between child labour, poverty, and the lack of adequate work opportunities for adults. At the same time, it emphasises the shared responsibility of governments, employers, workers’ organisations, businesses and consumers, aiming to encourage governments and international partners to translate the Marrakech commitments into concrete national measures ahead of the 2030 deadline.

According to the International Labour Organization (ILO) and UNICEF, 138 million children worldwide are still affected by child labour, with nearly 54 million exposed to hazardous work. In response, the 2026 campaign advocates for stronger action to prevent child labour and support the withdrawal and rehabilitation of affected children through access to quality education, universal social protection, decent work and sustainable livelihoods for adults, strengthened legal frameworks and enforcement mechanisms, improved data collection and monitoring systems, as well as responsible practices across agriculture and global supply chains.

International legal framework

Freedom from child labour is a fundamental human right, enshrined in the ILO Declaration on Fundamental Principles and Rights at Work (1998), the ILO Conventions and the UN Convention on the Rights of the Child (1989). ILO Convention No 138 on the minimum age, adopted in 1973, has been ratified by 177 countries, including all EU Member States. This key document lays down standards for the minimum age for employment. ILO Convention No 182 on the worst forms of child labour, adopted in 1999, has been ratified by 187 countries, including all EU Member States. It calls on members to take measures to secure the prohibition and elimination of the worst forms of child labour as a matter of urgency. These include all forms of slavery or practices similar to slavery; commercial sexual exploitation or illicit activities; and work likely to harm children. The UN Convention on the Rights of the Child (CRC) has been ratified by 196 countries, including all EU Member States. The CRC confers upon children the right to protection from economic exploitation, and urges parties to set a minimum age for employment, regulate working hours and conditions, and provide for penalties. Despite international commitments made by nearly all United Nations member states, 41 countries still lack important legal protections against children doing work that could be harmful or interfere with their education.

EU action

The EU’s firm commitment to eliminating child labour is enshrined in Article 32 of the Charter of Fundamental Rights of the EU, which prohibits the employment of children and states that the minimum age of employment may not be lower than the minimum school-leaving age. Moreover, young people admitted to work must have working conditions appropriate to their age and be protected against economic exploitation and any work likely to harm their safety, health or physical, mental, moral or social development or to interfere with their education.

The main legal instrument prohibiting child labour in the EU is Council Directive 94/33/EC. It allows Member States to set a minimum age for employment below the minimum school-leaving age only exceptionally. The EU action plan on human rights and democracy (2020-2027) calls for stronger child protection systems and a zero-tolerance policy on child labour. Regulation (EU) 2024/3015 on prohibiting products made with forced labour on the Union market further contributes to this goal. In 2024, the European Commission also adopted a recommendation on developing and strengthening integrated child protection systems in the best interests of the child, as a commitment in the EU strategy on the rights of the child, prompting Member States to adopt an integrated approach in their external action, under the aim of eradicating child labour.

European Parliament

The European Parliament has repeatedly condemned child labour and its various forms, both within and outside the EU, through a number of resolutions. In its February 2020 resolution on child labour in mines in Madagascar, Parliament stressed that the EU’s long-term budget should reflect its commitment to eliminating the worst forms of child labour. In its March 2021 resolution on children’s rights in view of the EU strategy on the rights of the child, Parliament also urged the Commission and Member States to eradicate child labour and all forms of work harmful to children’s health, safety and development. Later that year, in its resolution on sustainable and responsible corporate behaviour, Parliament advocated banning imports of products linked to severe human rights violations, including child labour, and stressed that combating such practices should be systematically reflected in EU free trade agreements. In the same vein, Parliament further reinforced provisions aimed at preventing forced and child labour in global supply chains during negotiations on the directive on corporate sustainability due diligence, adopted in 2024. Finally, in its 2022 resolution on new EU rules on products made with forced labour, Parliament called for stronger cooperation with international partners committed to eradicating forced labour globally and banning goods produced under forced labour conditions. In addition, Parliament’s Coordinator on Children’s Rights, currently Vice-President Ewa Kopacz, acts as a central contact point to help ensure that children’s rights are systematically integrated into EU policies and legislation.

This is a further update of an ‘At a glance’ note, the previous edition of which was by Yanis Stefanou, in 2025.


Read this ‘at a glance’ note on ‘World Day Against Child Labour‘ in the Think Tank pages of the European Parliament.

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My children are my greatest joy and biggest burden

Three people lie together on a gray couch, with one resting while using a pacifier.
The author, shown with her two children, admits she will never be able to stop worrying about her children.

Courtesy of Caroline Chirichella.

  • I dreamed of being a mother for a long time; it is what I wanted most in this world.
  • I have two beautiful children, and I think the world of them. They are my greatest joy.
  • They are also my biggest burden, and that's never going to change.

My children bring me more joy than anything else. It's not an exaggeration when I say that I would do anything to make them happy.

Ever since I was a little girl, I dreamed of becoming a mother. I played with baby dolls and treated them as though they were real. My dream was never to have a big, fancy job or travel the world. I wanted to be a mom.

That dream came true in 2018, when my daughter was born. Five years later, my son came into the world, and my heart grew in ways I hadn't known were possible. My children are my greatest blessing, the loves of my life, and the source of a happiness I had imagined since childhood.

They are also my biggest burden.

Two truths can exist

I know my words might sound harsh. How can the people you love most in the world also be a burden? Before you judge, let me explain.

I am happily married and have been for going on 10 years. I have a thriving business, I have friends and hobbies, and we travel quite a bit as a family. I have many things in my life to be grateful for.

But none of those things bring me the kind of happiness, pure joy, and love that my children do.

But along with that kind of love comes something else. A burden, if you will. As long as I am a mother, I will worry about my children. It doesn't matter how old they get or how far away they go. They will always be a part of me, and a part of my mind will always be occupied by them.

My feelings will evolve

The worries will change, of course. Today, I might worry that they will fall at the park, come home crying about a bad grade, or have a fight with a friend.

Tomorrow, I may worry about whether they can find a job, if they are happy in their relationships, or whether they are struggling under the weight of life.

The older they get, the more I will have to accept that there are parts of their lives I cannot see, decisions I cannot make for them, and difficulties I cannot always help them overcome.

That is the hardest part. I can love them, guide them, support them, and do everything in my power to protect them. But I cannot guarantee that they will always be happy. I cannot shield them from every disappointment or make sure that life will be kind to them.

This is the burden I am talking about. Not my children themselves, but the weight of loving them so deeply that their happiness and well-being will always matter to me.

This is a feeling I can't turn off

I will never stop thinking about my children. In that sense, motherhood is a mental burden. It is the constant awareness of someone else's well-being, the knowledge that there will always be someone to worry about, even when there is nothing immediately wrong.

Sometimes, I think about the freedom of having a mind that belongs entirely to you. To be able to sit quietly, enjoy a moment, or make plans without a part of your mind wandering toward the people you love and wondering whether they are OK.

If I had only myself to worry about, I would surely still have problems, fears, and anxieties. Life would not suddenly become easy. But there is a difference between worrying about yourself and worrying about someone else, especially someone you brought into this world.

There is no real escape from this responsibility. I can be on holiday, enjoying a beautiful day, or sitting quietly with nothing pressing to do, and still find my thoughts returning to my children. The responsibility does not disappear just because, in that moment, there is nothing I need to do.

I chose this and have no regrets

Motherhood takes away a certain kind of freedom, but I wouldn't have it any other way. I wouldn't give up the joy, the love, or the privilege of watching them grow just to reclaim that part of myself that existed before I became a mother.

But I can acknowledge that something has changed. Becoming a mother has meant that I will never again experience life in quite the same way. My heart is no longer concerned only with my own happiness. It is tied to two other people, and it will remain so for the rest of my life until the day I take my final breath.

Maybe this is what it means to be a mother: to carry a love so great that it brings you your greatest happiness, and your greatest worry, all at once.

Read the original article on Business Insider

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Democrats, Tillis say Congress may investigate banks and ports for Russian diesel imports

Democrats and outgoing Republican Sen. Thom Tillis (N.C.) are telling banks and ports that Congress may investigate imports of Russian diesel after President Trump said the U.S. would import the fuel. In letters to major banks and several U.S. port authorities, the lawmakers wrote that “any importation of Russian diesel into the U.S. raises significant…

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BBC Bitesize Pulls Left-Wing Material Pushing Extreme Views on Migration and Net Zero

The BBC has pulled material from its Bitesize educational website, used by 1.7 million pupils a week, after it was caught rewarding kids for backing open borders and pushing Left-wing views on migration and Net Zero.

The post BBC Bitesize Pulls Left-Wing Material Pushing Extreme Views on Migration and Net Zero appeared first on The Daily Sceptic.

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Pupils as Young as Five Suspended Over Sexual Misconduct

Children as young as five are being suspended for sexual misconduct, with schools in England recording 7,278 suspensions last year – nearly 40 every school day and a 12% jump on the previous year.

The post Pupils as Young as Five Suspended Over Sexual Misconduct appeared first on The Daily Sceptic.

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How housing affordability can be achieved at the state and local level

Former Sen. Jon Tester praised the passage of the bipartisan 21st Century Road to Housing Act, noting its success in balancing restrictions on Wall Street investors with incentives for professional housing providers to increase supply.

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Texas School Police Referred Tens of Thousands of Children to Prosecutors for Minor Misbehavior

An illustration of a police officer standing in front of a school bus and a school | Luckydoor/Tom Dowd/Dreamstime

School resource officers (SROs) in Texas referred tens of thousands of elementary and middle schoolers for prosecution for relatively minor misconduct over the last decade, a news investigation found.

An analysis by The New York Times and the San Antonio Express-News reported that, as the number of SROs in Texas grew, children in Texas ages 10 to 13 were referred to prosecution for misbehaving in school more than 47,000 times since 2014. A referral doesn't necessarily result in charges being filed, but each one represents a minor being taken into police custody and put in contact with the criminal justice system, which can have long-lasting educational, emotional, and financial impacts for students and their families.

"Most of the students were accused of minor offenses, like making threats, using cannabis vapes or lashing out at classmates or teachers," the papers reported. "Few caused serious physical harm."

Among the examples cited by the Times and Express-News were an 11-year-old who bumped into a school counselor, a 10-year-old who said he saw someone on campus with a weapon, and a 10-year-old who kicked an assistant principal after his cellphone was taken away. 

In one case, a 12-year-old girl who refused to go to the principal's office was handcuffed, arrested, and driven to the school police headquarters. "When she would not put her hand on a fingerprint machine, officers twisted her opposite arm behind her back until she screamed and complied, according to body camera footage," the outlets reported.

The analysis found that referrals of children 10 to 13 increased by a greater percentage than referrals of older students. (Children under 10 cannot be prosecuted under Texas law; many other states don't set a minimum age for delinquency.)

The two outlets published another joint investigation in May on how SROs in Texas schools have used heavy-handed tactics, including Tasers and pepper spray, against students over seemingly minor misconduct.

The findings mirror other recent studies. A report published in July by the American Civil Liberties Union (ACLU) of Iowa found that, while SROs were placed in Iowa schools to keep students safe from violence, the threat they most commonly dealt with was illicit vaping.

The number of police in schools nationally dramatically increased in recent years, growing by 23 percent at high schools, middle schools, and elementary schools between 2018 and 2021, largely under the justification of stopping mass shootings and handling violent situations.

Organizations like the National Association of School Resource Officers (NASRO) say that carefully selected, well-trained officers act as a filter and decrease arrests by building strong relationships within the school with staff and students.

Civil liberties groups and disability advocates have long argued that increases in school police and zero-tolerance policies for petty disturbances have fueled the "school-to-prison" pipeline and led to disproportionate enforcement against minorities and students with disabilities. Those groups have been aided by viral news stories of police arresting and assaulting school children.

Following the police killing of George Floyd in 2020 and national calls for police reform, several major school districts across the country ended their SRO programs. 

However, several states that experienced horrific school shootings, like Florida and Texas, moved in the opposite direction, passing laws that required police officers or armed guardians in public schools.

A 2020 Reason investigation described how Florida schools had become a high-stakes experiment in policing after Florida more than doubled the number of SROs across the state following the mass shooting at Marjory Stoneman Douglas High School in 2018. A study published in 2020 found that after the increase, the number of Florida school arrests—which had been declining for years—suddenly started to rise. There was also a sharp increase in the use of physical restraint against students.

A 2021 working paper by the Annenberg Institute at Brown University, which billed itself as the broadest and most rigorous examination at the school level of how SROs impact student outcomes, found that while SROs "do effectively reduce some forms of violence in schools," they did not prevent school shootings or gun-related incidents.

Another study by researchers at the University of Maryland and the firm Westat, who studied several dozen middle and high schools in California, found that increasing the number of SROs led to both immediate and persistent increases in the number of drug and weapon offenses and the number of suspensions and expulsions of students.

The post Texas School Police Referred Tens of Thousands of Children to Prosecutors for Minor Misbehavior appeared first on Reason Magazine.

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“No one has children at their parents’ home”: association warns of impact of housing crisis on birth rate

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Housing Rights and Public Policies Association (AHDPP) has explained exactly how the housing crisis is threatening Portugal’s very future. In an interview with Executive Digest, the association warns of the

The post “No one has children at their parents’ home”: association warns of impact of housing crisis on birth rate appeared first on Portugal Resident.

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Honda NSX usado por Ayrton Senna vai a leilão por até R$ 5,6 milhões

Um Honda NSX vermelho que fez parte da vida de Ayrton Senna fora das pistas será leiloado em Londres, na Inglaterra, em 31 de outubro. O esportivo de 1991, associado ao tricampeão mundial de Fórmula 1, tem valor estimado entre 500 mil e 800 mil libras, faixa equivalente a aproximadamente R$ 3,5 milhões a R$ 5,6 milhões. O leilão será realizado pela RM Sotheby’s.

A história do veículo ganhou notoriedade com fotografias de Senna lavando a carroceria com uma mangueira de jardim, vestido de jeans e camisa. A cena se tornou uma das imagens mais lembradas do piloto em momentos longe das competições.

O NSX também aparece no documentário Ayrton Senna: Racing Is in My Blood, de 1992. Nas imagens, o brasileiro dirige o modelo e faz manobras ao volante do esportivo japonês.

Carro acompanhava Senna na Europa

A Honda disponibilizou o veículo para uso pessoal do piloto na Europa durante o período em que fornecia motores à McLaren. Foi pela equipe britânica que Senna conquistou os três campeonatos mundiais de Fórmula 1, em 1988, 1990 e 1991.

O carro tem carroceria vermelha, teto preto e bancos revestidos de couro escuro. Registrado em Portugal em 22 de março de 1991, com a placa SX-25-59, ficava guardado em Lisboa e era colocado à disposição do piloto durante suas passagens pelo país.

A ligação de Senna com o modelo não se limitava ao uso pessoal. Segundo o repórter especial da Folha de S.Paulo Eduardo Sodré, o brasileiro também contribuiu para o desenvolvimento do NSX, com observações sobre a rigidez da carroceria e o comportamento dinâmico do veículo.

Outro NSX de Senna está no Brasil

O exemplar que irá a leilão na Inglaterra não é o único Honda NSX que pertenceu ao piloto. Uma segunda unidade, também de 1991, está no Brasil. O carro é preto e tem placa iniciada pelas letras BSS, referência a Beco Senna da Silva, apelido de Ayrton Senna.

O modelo japonês leiloado tem motor V6 de 3 litros, cerca de 270 cavalos de potência, câmbio manual e tração traseira.

Depois da morte do piloto, em 1994, o esportivo permaneceu em Portugal e passou pelas mãos de diferentes proprietários. O britânico Robert McFagan o comprou em 2013. Três anos depois, o veículo recebeu registro para circular no Reino Unido.

Em 2019, o NSX voltou ao circuito de Ímola, na Itália, durante as homenagens pelos 25 anos da morte de Senna. Na ocasião, Giancarlo Minardi, fundador da equipe Minardi, dirigiu o carro. Em 2024, o esportivo foi adquirido pelo atual proprietário, um colecionador de Nagoya, no Japão.

The post Honda NSX usado por Ayrton Senna vai a leilão por até R$ 5,6 milhões appeared first on Diário da Manhã - O Jornal do leitor Inteligente.

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Calls mount for a true accounting of Trump’s Iran war

Democrats on the US Senate Armed Services Committee called on the Pentagon on Monday to reveal how much President Donald Trump’s Iran war is costing American taxpayers, citing “ongoing efforts to hide the true cost.” US Central Command (CENTCOM) told Congress that the war had cost $43.6 billion as of September 3. But in Monday’s […]

The post Calls mount for a true accounting of Trump’s Iran war appeared first on Asia Times.

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France's Welfare State Is Finally Imploding

This week, editors Peter Suderman, Katherine Mangu-Ward, Nick Gillespie, and Matt Welch discuss the riots engulfing France and whether the country's increasingly unsustainable welfare state has made it ungovernable. They examine competing claims that immigration and austerity are fueling the unrest, the political gains being made by the French right, and why even modest pension reforms provoke fierce resistance.

The conversation turns to the United States, where President Donald Trump's tariffs are losing support among blue-collar voters and Republicans are struggling in traditionally conservative areas like Ohio. The panelists then discuss the abrupt departure of White House press secretary Katie Zacharia after just five days on the job. Later, they examine Sen. Elizabeth Warren's (D–Mass.) opposition to a proposed $45 billion merger involving McCormick and Unilever. Finally, a listener asks why libertarians don't follow the Democratic Socialists of America's example by trying to reshape the Republican Party from within.

0:00—France's riots and the imploding welfare state
21:29—Trump's tariffs lose support among blue-collar voters.
29:41—Zacharia's tenure as White House press secretary
35:45—Listener question on libertarian influence strategy
45:52—Warren's corporate merger opposition
57:07—Weekly cultural recommendations

 

Upcoming Reason Events

Reason Versus - Authoritarianism Is a Right-Wing Problem, November 10

 

Mentioned in the Podcast:

"France Burns," by Liz Wolfe
"Protesters in France and Spain Are Angry at Government Failure—and Demanding More Government," by Reem Ibrahim
"French Tantrum," by Liz Wolfe
"Yes, Heavy Regulation Hurts the Economy. Just Look at France." by Veronique de Rugy
"Even Blue-Collar Workers Have Turned Against Trump's Unpopular Tariffs," by Eric Boehm
"Ohio's Democrat Momentum," by Liz Wolfe
"Trump Fired Kimberly Guilfoyle for Influence Peddling That Pales Next to His Presidential Profiteering," by Jacob Sullum
"Why populism leads to decline," by Nick Gillespie
"How Third Parties Die," by Jesse Walker
"How GOP Fiscal Sanity Died, in 7 Easy Steps," by Matt Welch
"Be Prepared for Elizabeth Warren's Reign of Economic Error," by Nick Gillespie
"Elizabeth Warren Wants the Government To Investigate America's 'Sandwich Shop Monopoly,'" by Christian Britschgi
"The Elizabeth Holmes Documentary You Can See Everything Is an Act of Radical Empathy," by Peter Suderman
"Thank Dutch Merchants, Not a Strong State, for Capitalism," by Edward Stringham

 

Today's sponsor:

Cato Innovation Project: Design your own full-time, paid role at Cato. If we fund your idea, you spend two years executing it. Apply here: cato.org/reason

The post France's Welfare State Is Finally Imploding appeared first on Reason Magazine.

💾

© Illustration: Fatima Ruiz

Katherine Mangu-Ward appears on the left. Nick Gillespie appears on the right. An image of a car that's been set on fire by protesters appears in the center. Bold text across the top of the screen reads "FRANCE RIOTS."
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Be Prepared for Elizabeth Warren's Reign of Economic Error

Massachusetts Senator Elizabeth Warren and bottles of condiments | Samuel Corum/Sipa USA/Newscom/Viennetta/Dreamstime/Cinnamonspice241/Wiki Commons/Fatima Ruiz.

With little more than two weeks to go until the midterm elections, it seems increasingly possible that the Democrats, already a big favorite to win control of the House of Representatives, will also take charge of the planet's most elite nursing home, the United States Senate, where the median age is 64 years old. RealClearPolitics' poll aggregator has moved control of "the world's greatest deliberative body" (as its members are grandiosely wont to call it) to "toss up," status and prediction markets are now breaking big toward a blue wave. As of this writing, Kalshi has its Senate odds at 63 percent for the Dems vs. 37 percent for the GOP; Polymarket is at 62 percent vs. 39 percent.

As gratifying as it might be to see unprincipled Trump enablers reduced to minority status after signing off on economy-wrecking tariffs, inhumane immigration detentions, and wars of choice, there's at least one good reason to dread a Democratic majority too: Sen. Elizabeth Warren, the Massachusetts progressive who is spending the run-up to the midterms freaking out over possible consolidation in the condiments business and accusing private equity firms of gutting such shopping-mall favorites as Claire's and Toys R Us. There's every reason to believe that a Senate run by Warren and other economic interventionists will waste time, money, and resources trying to prevent a world in which, per the X wag Iowahawkblog, "a panopticon conglomerate owns two brands of hot sauce."

On October 13, Warren posted this dire warning to X:

Hellmann's mayo
McCormick spices
Cholula hot sauce
Frank's RedHot

What do these products have in common? One company could soon control them all.

I have concerns that McCormick and Unilever's $45 billion merger could increase YOUR grocery prices.

— Elizabeth Warren (@SenWarren) October 13, 2026

It's hard to think of a more competitive and varied market than the one for hot sauces, which is expected to more than double over the next decade. The barriers to entry are generally low, as are the key ingredients, and new entrants can easily market and sell online, avoiding the costs of buying shelf space in conventional supermarkets. Yet Warren is urging regulators at the Department of Justice and the Federal Trade Commission to halt mergers of both product makers like McCormick and Unilever and grocery stores like Kroger and Giant Eagle.

The latter complaint is particularly picayune. Kroger is one of the country's largest supermarket chains, operating around 2,800 stores under its own name as well as Harris Teeter, Ralph's, and others. Giant Eagle operates about 170 stores. This merger is no more the stuff of nightmares than a single company producing both Cholula and Frank's RedHot. If Warren gains more clout from being in the majority, expect her to butt in more and more on such mergers.

Making it harder for businesses to adapt is not a recipe for making goods and services more affordable. But Warren is keen to blame economic creative destruction not on "new forms of industrial organization that capitalist enterprise creates" (as Joseph Schumpeter would have it), but on pure greed. In a TikTok released earlier this month, she shows a poster board with corporate logos from once-thriving companies that she says have been "gutted" by "private equity" firms.

"Here's your local mall," she piously intones. "Now, private equity wants you to believe that Red Lobster went bankrupt because of their endless shrimp….They want you to believe that Claire's went bankrupt because teens stopped shopping at the mall." In Warren's telling, private equity firms magically take over thriving businesses and then strip them bare. The typical pattern is that private equity enters the picture after a business is failing.

Virtually all accounts of the decline of, for example, Red Lobster, note that the chain had been spiraling for several reasons before the private equity firm Golden Gate Capital got involved in 2014. As this CNN article notes, the chain, which started in 1968, had seen drops in sales as customer desires changed. Management compounded the difficulties with a series of bad decisions, including continuing various all-you-can-eat menu specials, before coming out of Chapter 11 bankruptcy last year.

Similarly, it's true that some teens still go to malls and get their ears pierced at Claire's. But anyone who has spent time in retail America over the past few decades knows that malls are no longer the destination that they once were. As CapitalOne Shopping Research documents, "in 1986, there were 25,000 malls, large and small, nationwide." By 2023, that number had shrunk to just 1,200. While some malls are coming back, most are not, and for reasons that have nothing to do with private equity. Online retails plays a role (though a smaller one than usually imagined, with e-commerce accounting for less than 20 percent of all retail sales). But mostly, it's that people today tend to want a different sort of retail environment. Anchor stores—think Macy's and J.C. Penney—are shadows of themselves, and younger people have less unstructured time in which to prowl food courts and arcades.

For politicians like Elizabeth Warren, though, there can be no financial gains or losses that aren't the result of shadowy, conspiratorial forces. If her party takes control of the Senate, her words will carry more weight. But it will be American consumers that ultimately shoulder the burden of an even-more-regulated economy. The market for hot sauces will almost certainly stay spicy, but many other parts will surely suffer.

The post Be Prepared for Elizabeth Warren's Reign of Economic Error appeared first on Reason Magazine.

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COVID Vaccines for Kids Now Available Through CDC Program That Serves Low-Income Children

by Michael Nevradakis Ph.D., Activist Post: State health departments can now purchase this season’s COVID-19 vaccines for low-income children through the CDC’s Vaccines for Children Program. Vaccine advocates had complained about a delay — but families and pediatricians concerned about vaccine safety criticized the decision. “The days of just injecting everyone without considering the individual […]
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BBC Bitesize Accused of ‘Brainwashing’ Schoolchildren with Left-Wing Views on Migration and Net Zero

The BBC has been accused of using its Bitesize website to push open borders, Net Zero and woke ideology on children as young as 11, teaching them that more immigration is great and anyone who disagrees is likely a bigot.

The post BBC Bitesize Accused of ‘Brainwashing’ Schoolchildren with Left-Wing Views on Migration and Net Zero appeared first on The Daily Sceptic.

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Israel has detained thousands of Palestinian children since Oct 7th – over half spent time in solitary, many uncharged

At least 350 children remain in custody at this time, where they face harsh conditions, including torture, food deprivation, isolation, and denial of medical care.

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