Today’s Un-American View Of Government And Business
Take a look at this opening to a recent editorial in the most prestigious American newspaper. It epitomizes how far this country has strayed from its founding principles. From a recent New York Times article about the government’s commandeering of Chrysler entitled “So Far So Good”:
Less than three weeks after Chrysler filed for bankruptcy protection, it looks as if the Obama administration will pull off its goal of completing the carmaker’s restructuring by June, allowing it to emerge as a smaller, more viable contender in the global auto market.
Its goal? Observe how casually the Times — and, indeed, its readership — accepts the idea of the government having goals for private companies, to be imposed (and funded, as in the case of Chrysler) by force. This is exactly the opposite of what the government should be doing. For the uninitiated, here is the purpose of government as explained in a much-neglected document entitled the Declaration of Independence — a declaration of men who had studied and lived under governments that made individuals subservient to government goals. After explaining that every individual has “certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness” it explains the purpose of government: “That to secure these rights, Governments are instituted among Men….” To elaborate and apply to today’s situation: Government exists to secure our rights. It is not our master, with goals of its own, but our servant, protecting our rights so that we can pursue our own goals — be it to start a car company and run it how we choose, to trade with the best car companies we can find, to buy the sort of automobile we judge best, not an Obamobile, and to keep our money instead of having it funneled to failed businesses.
In this era of self-righteous “change,” in which we are repeating time-failed policies of collectivism and central planning, we would do well to study the history and philosophy of America’s unique form of government — and understand why the government’s only valid goal is to protect individual rights. There’s no better place to start than “Man’s Rights” by Ayn Rand (in her book Capitalism: The Unknown Ideal).







One of the great unappreciated ‘features’ of capitalism is that it prevents people from wasting resources and rewards efficiency and the creation of wealth. If I take money, labor, equipment, and energy, and land and use them to make something people value - then I am rewarded with profit. In a free market, competitors will be also be attracted - driving both innovation and more efficiency.
On the other hand, if I take money, labor, equipment, energy, and land and use them to create something no one wants to buy at the price I need to stay in business, I have destroyed value and will (and should) go bankrupt - stopping me from wasting any more resources.
Government, on the other hand, operates through compulsion (taxation) and can (and does) flagrantly waste resources all day long, because Government has little incentive to be efficient - and its difficult to even make it stop. Look at recycling for an example:
http://video.google.com/videoplay?docid=-1444391672891013193&ei=muQVSoiQJJKKqQO9lsS_DQ&hl=en
Eventually this bullshit bankrupts the entire country, much like what happened to the USSR - whereas even a little Free Market Capitalism(tm) can create a China, or a Hong Kong.
I recommend reading “Eat the Rich” by P.J. O’Rourke for an entertaining account (as much as it can be) of free market economics by an ex-liberal.
More examples:
http://online.wsj.com/article/SB124277530070436823.html
It’s amazing that most Americans are not outraged by the thought of fascism/socialism. Do they think that they are entitled to live in a nice house, drive a new automobile and eat good food because of the country they were born in?
I wish people would wake-up and realize the reason we have a superior life style is because of capitalism. Then, ensure it is preserved for future generations.