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Democrat_media
Since Oct 31, 2006
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F. A. Hayek had a remarkable career pointing out the flaws in collectivism. One of his keenest insights was that, paradoxically, any collectivist system necessarily depends on one individual (or small group) to make key social and economic decisions. In contrast, a system based on individualism takes advantage of the aggregate, or 'collective,' information of the whole society; through his actions each participant contributes his own particular, if incomplete, knowledgeinformation that could never be tapped by the individual at the head of a collectivist state.
Hayek's book "The Road to Serfdom" ; is one of the greatest books I have ever read. I'm not a writer and I can't do justice in my feeble attempts at explaining his works or even my own ideas. If every student read this book we wouldn't have the big government problems and a 3 trillion dollar annual federal budget we have.
China and the U.S.S.R have moved to private companies and now are growing economically.
President Reagan said something like: "Government cant control the economy without controlling people. It must use force and coercion to achieve this purpose. Outside of the things that shouldnt be done by the private sector ,Government does nothing as well or as economically as the private sector of the economy."
I agree with President Reagan and Hayek.
The Free Market can produce any need or want people have. And capitalism can do it efficiently, something that government never has done. So what do we need government for ? Only 3 things , military , border security , (law enforcement police and courts). If there is something that people want someone will produce it to make a profit . so we don’t need government for anything except what I listed.
Also see my "Wisdom of the crowds" post I made. Socialism is a complete failure. On my first fast reading of your distributionist system it seems to me to be some sick mixture of capitalism and socialism? If so then it requires the individual in some regulatory government agency mentioned by Hayek to make economic decisions at some level.
But as we have seen this individual cannot be as efficient as free market capitalism because of several reasons among them .
1. Hayek's statement above. 2. "wisdom of the Crowds" theory. 3. an individual is more careful with his own money than a government idiot spending someone else's money.4. Socialism has never worked. 5.government agencies and programs are not efficient
You take these factors all together and you can see that government or a mixed system is never as efficient as free market capitalism.
It is against Freedom to force me to file a tax return which will enrich government and that is so complex to file that it may incriminate me. Ask Scooter Libby or the Duke lacrosse players if government can’t indict you for any techicality.
Democrats think they own the fruits of our labor and so our lives. They say that government politicians know how to better use our money (fruits of our labor) for “solving” made up problems like Global warming.