Friday, May 26, 2017

"You believe in the absolute perfection of laissez faire capitalism just as some worship Jesus, or Marxists trust in the ascent of worker control."

Does an engineer "worship" mathematics and physics because he insists building bridges by any other means is counter-productive?

In capitalism, or more accurately in free markets wherein the means of production are private property, consumers are sovereign and the market serves them most efficiently. The micro-version of that is in a free and voluntary exchange of private property both parties ALWAYS benefit. In socialism, or more accurately in a system wherein the means of production and the distribution of production are controlled by government bureaucrats, consumers become clients of the bureaucrats, there are three parties involved in every transaction and the state decides who benefits and who loses.

There are plenty of countries today that are more free than socialistic. Just Google the most prosperous countries on earth and you'll have a list. If you Google the most poverty-stricken countries on earth, you'll have a list of countries wherein government control of the economy is tight-fisted.

The reason there aren't more highly prosperous countries is because their citizens insist that the government interfere in each private transaction so it can take from the able and give to the "needy," where "needy" is defined however these citizens and their strong-armed government allies choose to define it.

 Broder's rule: When a society says that theft and redistribution is legitimate government activity don't be surprised at who shows up to fight for a place at the government trough when the free-for-all breaks out.

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