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| quote: | | I do have a question: Say you got the exact scenario you want, where you had a free market economy with little to no government regulation and a minimal flat tax, doing away with any progressive taxation and no public service programs. Wouldn't that not only have a negative effect on most all workers and their families and also threaten to turn a democratic country into essentially an oligarchy? It would clearly enhance the possibilities of monopolies to form, which run counterproductive to competition, in both markets and government representation. This was actually the original intent of the estate tax, for example, as the founding fathers did not wish for dynasties to form, rather than intending to declare class warfare. I would point to the late 1800s/early 1900s as an example of where this would head the country towards, rather than seeking to find a balance between government regulation and free commerce that encourages greater productivity and subsequent American benefits. |
Well I disagree with virtually all of your conclusions, but since this is a hypothetical argument, there is no way to prove them wrong. I guess it is just a matter of "faith" for me. Liberals seem to have "faith" that an elite group of people (bureaucrats) can have the wisdom and good judgement to coordinate the activities of millions...to "fairly" distribute wealth, to regulate prices and wages, and to basically restrict many forms of voluntary exchange between consenting adults. This is done in the name of the "common good" in hopes of increasing the general prosperity of hundreds of millions.
I believe nobody is smart enough to do this. Nobody on earth has that amount of wisdom, so our best hope as humans to increase the general prosperity is to empower INDIVIDUALS...to give everyone more choices and more control over their own lives (including their money). The free market is the best institution ever created to suit this purpose. If a monopoly arises there, it will have done so through voluntary transactions between free individuals acting in their own interests. If a company offers a product or service at a better price than anyone can match, who is to say they don't deserve the top position? This decision to grant that monopoly was made freely by the people. Businesses make money by pleasing people...and the only monopolies without using force is to "out-please" your competitors...to persuade (or politely beg) the citizens to your products instead of your competitors.
Contrast this with the coercive power of government, which can't easily be held accountable for it's failures, and faces no competition for the services it provides. The left seems very concerned that a private monpoly may arise, yet they ignore the ultimate monopoly that already exists today...our $2,600,000,000,000.00 federal government...a bureaucracy that makes thousands of decisions for us each day, forcibly taking our earnings and wasting them under the guise of taking care of us. We have no say in these decisions, and this makes government the ultimate source of monpoly in the real-world.
A fair and just government would exist to protect the citizens from outside threats, and to enforce two simple laws:
#1. No theft.
#2. No violence.
Other than that, leave people free to live their lives as they choose.
Yep, I'm a radical. 
"The policy of the American government is to leave their citizens free, neither restraining nor aiding them in their pursuits." – Thomas Jefferson
"People who create things nowadays can expect to be prosecuted by highly moralistic people who are incapable of creating anything. There is no way to measure the chilling effect on innovation that results from the threats of taxation, regulation and prosecution against anything that succeeds. We'll never know how many ideas our government has aborted in the name protecting us." – Joseph Sobran May 13, 1998 (commenting on US vs Microsoft)
"Neither the entrepreneurs nor the farmers nor the capitalists determine what has to be produced. The consumers do that. . . . Their buying and their abstention from buying decides who should own and run the plants and the farms. They make poor people rich and rich people poor. They determine precisely what should be produced, in what quality, and in what quantities. They are merciless bosses, full of whims and fancies, changeable and unpredictable." - Ludwig Von Mises
"Greedy capitalists get money by trade. Good liberals steal it." – David Friedman"
Last edited by Capitalizt on Mar-29-2005 at 04:32
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