Archive for the ‘Government and Politics’ category

Thomas Sowell: Political Translations

November 29, 2015

Here is a great article by Dr. Thomas Sowell titled ‘Political Translations’ (click here). In the past  Dr. Sowell has used the term “verbal sleight of hand artists” to describe politicians. In this article he gives us examples to show us how to decipher political language. Here are some excerpts from the article.

It is amazing how many different ways the same thing can be said, creating totally different impressions. For example, when President Barack Obama says that defeating ISIS is going to take a long time, how is that different from saying that he is going to do very little, very slowly? It is saying the same thing in different words.”

“Defenders of the administration’s policies may cite how many aerial sorties have been flown by American planes against ISIS. There have been thousands of these sorties, which sounds very impressive. But what is less impressive — and more indicative — is that, in most of those sorties, the planes have not fired a single shot or dropped a single bomb.”

“Why? Because the rules of engagement are so restrictive that in most circumstances there is little that the pilot is allowed to do, unless circumstances are just right, which they seldom are in any war.

“Politics produces lots of words that can mean very different things, if you stop and think about them. But politicians depend on the fact that many people don’t bother to stop and think about them.

“We often hear that various problems within the black community are “a legacy of slavery.” That phrase is in widespread use among people who believe in the kinds of welfare state programs that began to dominate government policies in the 1960s.”

“Blaming social problems today on “a legacy of slavery” is another way of saying, “Don’t blame our welfare state policies for things that got worse after those policies took over. Blame what happened in earlier centuries.”

“Nobody would accept that kind of cop-out, if it were expressed that way. But that is why it is expressed differently, as a “legacy of slavery.

“Another fashionable phrase that evades any need for evidence is “disparate impact” — a legal phrase accepted in the Supreme Court of the United States, despite being downright silly when you stop and think about it.”

“Whenever there is some standard for being hired, promoted or admitted to a college, some groups may meet that standard more so than others. One way of expressing that is to say that more of the people from group X meet the standard than do people from group Y. But politically correct people express the same thing by saying that the standard has a “disparate impact” on group Y. Once it is expressed this way, it is the standard that is suspect — and whoever set that standard has to prove a negative, namely that he is not guilty of discrimination against group Y. Often nobody can prove anything, so the accused loses — or else settles out of court.”

“Stupid? No. It takes very clever people to make something like that sound plausible. But it also requires people who don’t bother to stop and think, who enable them to get away with it.

CONCLUSION

Dr. Sowell rightly puts the blame for falling for our politicians verbal sleight of hand on ‘we the people’. He is correct. Our founders said “eternal vigilance is the price for freedom”. Over the last 50 years we have not been willing to pay this price. If we loose our freedom, the cost of getting it back will be high indeed.

Related Article -Vision Of The Anointed was the first Thomas Sowell book I read. It set a firm foundation for me on how to analyze the words of slick politicians. In this post, Thomas Sowell’s Vision of the Anointed, I link to a short video of Dr Sowell talking about “The Anointed”.

Student Debt: Game Of Loans. By Prager University

November 15, 2015

Ronald Reagan said, “The nine most terrifying words in the English language are, “I’m from the Government and I’m here to help“. No words are truer when you consider student loan debt. What is portrayed as benevolent Government providing student loans to make college affordable, is a scam. The cost of college has risen because of all the money the government has provided. Government is stimulating the demand for college through easy to get college loans. And as we all know prices go up when too much money is chasing too few goods. The reality is these students become debt serfs to the government for years after they graduate.

This video titled, Game Of Loans, from Prager University, explains how Government has lined the pockets of colleges at the expense of students aka debt serfs.

Here is an excerpt from the video. “It’s because of politicians who promise college students more and more aid, in league with the colleges, that college tuition became more expensive in the first place.

Related ArticleYoung People Get Hooked Into Hugh Debt When They Take The Student Loan Bait, at austrianaddict.com.

Related ArticleFollow Up To Student Debt Post: Government Creates The Problem, It Isn’t The Solution, at austrianaddict.com.

Ted Cruz Is Hated By The Establishment Of Both Parties

November 4, 2015

Ted Cruz has time and again pulled back the curtain allowing us to see how congress operates. Leaders of both parties hate him because he shows us the game of politics. The game is not about two parties competing to see who gets to sit in the seat of power. No, the real battle is between the leadership in both parties, on the one hand, and we the people on the other. It is between the rulers and the ruled. No matter which party is in the majority, government power expands, which means individual liberty shrinks. Neither party is interested in cutting the size and power of government.

We don’t even realize that we the people are the only ones who can take their power away. This is why the establishments of both parties have worked for decades to keep us ignorant about the reality of big government. Both parties have done a good job of convincing us that “solutions” to “problems” can only come from government, even though our present “problems” are consequences of previous government interventions, interventions which were proposed as solutions to previous problems that were caused by the original government solutions to our problems (did you follow all that). Government creates its own perpetual motion machine of solutions and problems.

The recent budget battle is an example of government caused problems that can only be cured by more government solutions.

Here is a video of Ted Cruz showing us what a farce the federal budget battle really is. This is why he is hated by the leadership of both parties.

Excerpts from the video:

“The cartel operates as one. In the Senate we have one leadership team. It is the McConnell Reid leadership team. In the house we have had the Boehner Pelosi leadership team. They operate in complete harmony growing Washington. Republican leadership….spends all their time thinking how do we beat conservatives. In the House how do we crush this freedom caucus. These crazy radicals who actually believe we should do what we said we would do. What a shocking revolutionary radical statement for Washington D.C. that we would actually do what we told our constituents we would do….. McConnell spends more time trying to figure out how to defeat conservatives than Harry Reid ever did.

Related ArticleTed Cruz Tells The Truth About McConnell, Reid, The Senate, and Crony Capitalism, at austrianaddict.com.

Related ArticleTed Cruz Lets Us See The Magic Show From Behind The Curtain, at austrianaddict.com.

Related ArticleTed Cruz Stirs Up A Hornets Nest, at austrianaddict.com.

 

Wind And Solar Energy Is Diluted And Intermittent. Which Means Higher Cost

October 26, 2015

Politicians and bureaucrats mask the real cost of producing energy from wind and solar when they;  1) “invest” your tax dollars in wind and solar companies. 2) give tax payer guaranteed loans to these companies. 3) use your tax dollars to subsidize the purchase of this energy.

On the flip side of the coin, they artificially drive up the costs of producing energy from coal, oil, and nuclear through regulations and taxes.

CAN WE RELY ON WIND AND SOLAR ENERGY? by Prager University.

Excerpt from video, “In the entire world there is not one real or proposed independent free standing solar of wind power plant. All of them require backup. And guess what that backup is? Fossil Fuels.”

LOW COST RELIABLE ENERGY FUELS ECONOMIC PROSPERITY.

An economy becomes wealthier when it can produce more while using fewer scarce resources, time, labor and capital. Economies are fueled by energy. If Government continues to force us to use higher cost energy (read here) to power our economy, we are going to be less wealthy and prosperous. The green jobs that are being brought into existence by Government force, aren’t as productive as the jobs that will be lost when the fossil fuel energy sector is forced to shrink. Put another way, these green jobs wouldn’t exist in a free market because the free market always chooses the most productive activities. Less productive activities go away. The cost of these non productive activities will fall on the entrepreneur who made the miscalculation. He will be incentivized to cut his losses sooner rather then later. The incentives in our crony capitalist green energy industry are different. Since the tax payer pays the cost of the failure (read here), the losses will be allowed to go on longer. Resources, time, labor and capital will be wasted as well as tax payer dollars.

When will we quit putting our faith in politicians and bureaucrats when their policies constantly fail to produce their hoped for results. Our current crony capitalist system that weds Government and business isn’t free market capitalism. Our politicians want you to think it’s free market capitalism because they need a straw man to demonize. Once demonized, the only “solution” is more Government intervention. And the outcome of government intervention is the destruction of wealth; because scarce resources are not being allocated to their most productive uses according to consumer demand.

We have to rediscover the truth that moving toward free market capitalism and away from government intervention is the only cure for our economic problems. Free market capitalism has lifted billions of people out of poverty and is the only process that can keep us from stagnating and/or sliding backwards.

Related ArticleUnelected EPA Driving Up The Cost Of Food And Energy, at austrianaddict.com.

Related ArticleFree Market Fracking Trumps Government Solutions When It Comes To Producing Energy, at austrianaddict.com.

Related VideoThe Story of Electricity, 2 minute video by, instituteforenergyresearch.org.

Ohio Issue 3: A Taxi Cartel For Marijuana! Why Not An Uber Marijuana Market?

October 22, 2015

Just as Uber is taking transportation into the modern era by breaking up the old government sanctioned taxi cartel system (read- ‘Car Wars’ Return Of The Jitneys: Uber vs. The Taxi Cartel). We in Ohio are about to set up a stone age cartel system for marijuana if issue 3 is passed.  Don’t let anyone tell you that issue 3 legalizes marijuana in the State of Ohio. It does not. It creates a monopoly for 10 specific groups to grow marijuana, while it restricts the amount that everybody else can possess or grow. Here is what Issue 3 says (read ballot issue 3 here).

WHAT ISSUE 3 WILL DO

1) “Create exclusive rights for 10 self-designated landowners (click here for list of owners) to grow, cultivate, and extract marijuana.”

2) “One additional growth facility may be allowed in four years if existing facilities can’t meet consumer demand.”

3) “Allow approximately 1100 retail establishments to sell recreational marijuana if they get a license.” You have to get a license to sell.

4) “Create a special tax rate limited to 15% on gross revenue of the growth facilities…..and a special tax rate limited to 5% on gross revenue of each licensed marijuana retail store.” Don’t you wish you could set your tax rate that can’t be raised?

5) “Create a new state government agency called the marijuana control commission to regulate the industry comprised of seven Ohio residents appointed by the Governor.” Will this board be susceptible to lobbying or bribery?

6) “Limit the ability of the legislature and local governments from regulating the manufacture, sale, distribution, and use of marijuana and marijuana products.” Local governments have no say in any of this.

7) “Allow each person, 21 years of age or older, to grow, cultivate, use, possess, and share up to 8 ounces of usable home-grown marijuana plus 4 flowering marijuana plants if the person holds a valid state license. Allow each person 21 years of age and older, to purchase, possess, transport, use, and share up to 1 ounce of marijuana for recreational use.” You have to have a license to grow your personal plants. The amount you can possess is limited. And you can’t sell any of it you can only share it.

8) “Authorize medical use for a person who has a certified debilitating medical condition.

A MARIJUANA TAXI CARTEL! WHY NOT AN UBER MARKET?

Issue 3 doesn’t legalize marijuana. If it did, there would be no restrictions on the amount each individual could possess for any reason. Issue 3 gives out 10 marijuana medallions to certain individuals to supply marijuana. It excludes everybody else. An Uber market would allow every individual to grow, possess and sell marijuana if they choose.

The 10 cartel owners are either economically ignorant or they are relying on the economic ignorance of the voters when they put in the provision that one additional growth facility can be allowed in four years if existing facilities can’t meet consumer demand.

How is the cartel going to figure out demand? Why would it take 4 years to figure out demand? In a free market, individuals will demand less and supply more at a high price, and will demand more and supply less at a lower price. So in a free market, demand is constantly being discovered, not by any individual or group of individuals, but by every individual making decisions on consumption and production at the present price.

Who sets the price in the cartel marijuana system? The 10 growers will set the price in the cartel system because they don’t have any competition from other potential suppliers who can’t get a marijuana medallion. This is why the taxi cartel prices were so high. Government limited the supply of taxi medallions, which artificially drove up the price of a cab ride. The price was shown to be too high once Uber started supplying rides. These 10 individuals have set up the same type of cartel system that the taxi industry has enjoyed for decades.

WHAT ABOUT ISSUE 2?

Instead of lobbying and paying (bribing) legislators to gain a monopoly position, these 10 groups have decided to use the ballot initiative process of amending the constitution to benefit themselves by restricting access to the marijuana market. It’s crony capitalism through the ballot initiative process.

Issue 2 tries to stop people from using this process to benefit themselves. Here is what issue 2 says (read ballot issue 2 here).

1) “Prohibit any petitioner from using the Ohio constitution to grant a monopoly, oligopoly, or cartel for their exclusive financial benefit or to establish a preferential tax status.”

2) “Prohibit any petitioner from using the Ohio constitution to grant a commercial interest, right, or license that is not available to similarly situated persons or nonpublic entities.

What will issue 2 do? Very simply, the cartel that the people are trying to set up if issue 3 is passed, is prohibited. In other words, you can’t use the Ohio constitution to set up a crony capitalist enterprise. You must do it the old fashioned way, lobbying and bribing politicians.

HOW SHOULD YOU VOTE?

If you are inclined to vote yes on issue 3 because you believe it legalizes marijuana, then you should also vote for issue 2 because it will allow anyone to enter the market for growing marijuana. I think you should vote for issue 2 and against issue 3. Then either lobby the legislators to legalize marijuana, or bring a clean ballot issue in the next election that simply allows individuals to grow, use and sell marijuana. An Uber type marijuana market will spontaneously organize itself, and the out dated cartel system will go away. If you pass issue 3 and not 2, you will be fighting the marijuana cartel at some point in the future just like Uber fights the taxi cartel today.

 

 

 

 

Milton Friedman Wins The Democrat Debate Against Hillary Clinton And Bernie Sanders

October 15, 2015

The first Democrat debate between Bernie Sanders and Hillary Clinton seemed like a debate between Karl Marx and Fidel Castro. Sanders truly believes that Marxist socialism will work, and Hillary just uses the Marxist rhetoric to win a position of power. The real winner in the debate was Milton Friedman who, in the video below, knocks Bernie and Hillary’s free lunch rhetoric out of the park.

SERFDOM OR FREEDOM

Bernie and Hillary tried to out do each other on what they will give away if elected. But, since Government doesn’t produce anything. It can’t give anything away unless politicians and bureaucrats try one or all of the steps listed below.

1)  They can force the person who produces the good or service to provide it for free.

2) They can confiscate money from citizens (taxes) to pay the people who produce the good or service.

3) If they can’t steal enough, they have to borrow money to pay the people who produce the good or service.

4) If they can’t do #2 or #3, they have to get the Federal reserve to print money to pay the people who produce the good or service.

Our Government has spent a little over a half a trillion (500 billion) dollars more than it has taken in taxes each of the last 3 years. These three years follow a three-year period in which it spent over a trillion more than it took in taxes in each year. So as you can see we have exhausted step 2 and are at full speed on steps 3 and 4.

Since no one will work for nothing when they have other options, step one is difficult to implement. Step two has its limits as revenue will start to decrease if taxes are too high. Step 3 syphons money from capital markets and moves it into consumption activities (which is what government spending is). If Government borrows too much, interest rates will go up, the cost of the debt will increase, and Government will have a hard time selling its debt. At this point step 4 will be implemented. The Federal Reserve will step in and buy U.S. T-Bills with electronically printed counterfeit money. Step four is how the Government can fund itself if 2 and 3 are maxed out.

These steps are not a part of a free society, they happen in a country that is heading toward a centrally planned Marxist society. If the government doesn’t own the means of production out right, it uses its force to control the privately owned means of production. This is where we are, and I think you can see the direction we are headed unless ‘we the people’ turn this around.

Related ArticleMilton Friedman, Moving Toward Serfdom, at austrianaddict.com

Related ArticleMilton Friedman: Market Failure vs. Government Failure. Which Has A Higher Cost? at austrianaddict.com.

Related ArticleThe Essential HAYEK. at austrianaddict.com.

 

The Gun Debate

October 13, 2015

This video from Reason.com shows the anti-gun crowd the secret on How To Create A Gun-Free America In 5 Easy Steps. I can’t believe Austin Bragg from Reason is helping the gunphobes in their quest to rid us of gun violence.

1) Elect 2/3rds of Congress who agree with you

2) Have them vote a proposed constitutional amendment that repeals the 2nd amendment.

3) Convince 38 State legislatures to ratify your amendment.

4) Have congress pass a law signed by the President that outlaws guns.

5) Have the police, the FBI, and the ATF confiscate 350 million guns from citizens who would probably not be willing to comply with the new law.

The cost of implementing the 5 steps is very high. This is why the anti-gun people will use political means, executive orders, and friendly courts to try to implement there anti-gun ideology.

GUN CONTROL MYTHS

Here is an article titled 7 Gun Control Myths That Just Won’t Die, by Sean Davis, at thefedralist.com. Mr. Davis takes apart some myths that the anti-gun crowd likes to assert when attempting to convince people their side is right. Here are a few myths from the article.

4) CONCEALED CARRIES DON’T PREVENT MASS SHOOTINGS

“Do armed civilians stop mass shooters?” the liberal magazine Mother Jones asked in 2012. “Actually, no.”

“Mother Jones justified its assertion by citing its own analysis that of the 62 mass shootings between 1982 and 2012, not one was stopped by a civilian with a gun. Shocking, right? Not really, once you consider the logical fallacy underlying the Mother Jones claim.”

“The fact of the matter is that shootings that happen in an area where concealed carriers can immediately respond don’t generally become mass shootings. It’s a bit like saying locked doors and alarms don’t prevent burglaries by only citing burglaries that happened in buildings with no locked doors or alarms as proof of your thesis. It’s no coincidence that so many mass shootings happen in areas declared to be “gun-free zones” by authorities.”

“Instances of concealed carriers stopping shooters in their tracks are too numerous to count. Here are just a few examples found from a few seconds of Googling.”

July 27, 2015:

April 20, 2015:

September 22, 2015:

“Concealed carriers can’t be expected to stop every shooting, just as police can’t be expected to prevent all crime. It is a fact, though, that concealed carriers regularly put an end to violent shootings”

5) THE SECOND AMENDMENT ONLY APPLIES TO MUSKETS

“This trope is a popular one among gun control advocates who imagine themselves as strict constructionists when it comes to Constitutional interpretation. Piers Morgan, the failed CNN host and British tabloid editor accused of hacking into celebrity voicemails in search of tabloid gossip, is the foremost advocate of the notion that the Second Amendment protects only the rights of Americans to carry muskets:”

“As Carol Roth noted, the refusal of the Founding Fathers to precisely name the types of arms which citizens have a right to keep and bear was intentional. The same can be said of their refusal to constrain our right of free expression to quill pens and bulky printing presses. The Second Amendment protects our right to own handguns just like the First Amendment protects our right to criticize the government using the Internet.”

WHAT HAPPENS NEXT?

Politicians on the left will use every crisis to advance their anti-gun ideology, and politicians on the right will defend their pro-gun ideology against the attacks of the anti-gun left.

The one side is attacking a right that each individual has to protect himself. This right was not given by our Government, it predated our Constitutional Republic. Our Constitution puts shackles on our Government, when it comes to Government infringing on the right of each individual to keep and bear arms. Our founders gave individuals this right so they could protect themselves from Government force. Our founders were going to be the people who were in these seats of power. They didn’t trust themselves, why would we trust our present day politicians who are so far removed from our founders understanding of tyranny.

This political dance will continue with no ground being won or conceded by either side. Nothing will happen until the first four steps in the video above are accomplished. Then the s+*# will hit the fan when Government tries to implement step 5.

Related ArticleAnti vs. Pro-Gun Visions Of The World, at austrianaddict.com.

Related Article“You Never Let A Serious Crisis Go To Waste“, at austrianaddict.com.

 

Ted Cruz And Sierra Club President Spar Over The “Settled Science” Of Global Warming

October 9, 2015

Sierra Club President Aaron Mair looks like someone caught in quick sand as he struggles to avoid answering Ted Cruz’s questions about global warming. He repeats over and over again that “97% of the ‘worlds scientists’ concur that global warming is a fact.” I guess he is trying to convince himself because nobody would be convinced by this performance. (I wonder what constitutes “worlds scientists”?). If this was a prize fight they would have stopped it in the second round.

 

Watch this short video from my post titled, What They Haven’t Told You About Climate Change, in which the co-founder of Greenpeace, Patrick Moore, blows the whistle on the global warming hoax.

Related ArticleGlobal Warming? at austrianaddict.com.

Related ArticleReligion? Economics? Science? at austrianaddict.com.

Why We’re Losing Liberty, by Prager University

September 10, 2015

This is a video from Prager University about the original purpose of the constitution and what it has morphed into. Just remember as the power of the State grows the liberty of the individual shrinks.

Alexander Hamilton and James Madison had concerns when other founders wanted to add the Bill of Rights to the constitution. Hamilton stated his concerns in Federalist 84. He thought that individual rights could be limited if they were listed. He asked how could congress infringe on a particular right if the constitution gives congress no power to do so?

To compromise with other founders like Thomas Jefferson, they had the ninth and tenth amendments added to the Bill of Rights. These amendments just restated Hamilton’s position when it came to the enumerated powers of the newly created government.

9th.- The enumeration in the constitution of certain rights shall not be construed to deny or disparage others retained by the people.

Put differently: The listing of certain rights in the constitution, does not mean that the people’s rights are limited to those listed. The people’s rights are many and unprescribed.

10th.- The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.

Put differently: The United States can only claim the powers listed in the constitution, all powers not listed are reserved for the several states or the people. The United States powers are few and defined.

HOW DID WE GET HERE?

Looking at it with 20/20 hindsight I guess you could say both sides were correct to fear government power in the hands of imperfect human beings. That is why our founders put a governor on the Corvette, so whoever got in the drivers set couldn’t go over the speed limit.

Even with all of their warnings, look at how big government has gotten. We have no one to blame but ourselves. Eternal vigilance is the price of freedom, and we’ve been asleep for a long time. Reigning in government now will have a high cost. Are we willing to pay that price?

Here is a great article by Walter E. Williams titled, Was A Bill Of Rights Necessary?.

Related ArticleWhat Is Tyranny? by austrianaddict.com.

Government Intervention Stifles Real Job Creation

August 18, 2015

Can government create a job? Yes! Government can create millions of jobs. They could outlaw farming equipment tomorrow which would immediately create millions of farming jobs. But would these new farming jobs be productive jobs?

Government jobs by definition aren’t productive jobs. Does a government job produce more than the cost of the labor? The only way to find this out would be to compete in the market and discover what the price of labor would be according to the law of supply and demand.

High school teaching jobs are examples of jobs that are both free market jobs (private school teachers) and government jobs (public school teachers). What do I mean by this? A private school teacher gets paid considerably less in wages, benefits, and retirement, than a public school teacher. A private school has to provide a quality service at a price that individuals value more than the money they  freely exchange for that service. If they can’t, they will go out of business. A public school has no such incentive to provide quality at a lower price. They receive ever-increasing revenue through local tax levies and state and federal funding. Because of this, teachers unions procure ever-increasing wages and benefits for their teachers who provide a lower quality service. People’s next best alternative,  private schools or home schooling, are considerably more expensive, which is why it is difficult to escape public schools.

Government wages are higher than market wages. The true price a teacher could command if we had a free market educational system, would be somewhere between the monopoly wage of the public schools and the wage paid by the private schools. We can’t know what it would be, all we know is the wage would be revealed through the interactions between individual demanders and suppliers of the service in the market. The true price of a teachers wage can only be discovered through the market process.

GOVERNMENT STIFLES JOB CREATION

Below are two great articles. One is about how Government regulatory costs make it difficult, if not impossible, to create real jobs in the private sector. And the other tells how we must get back to the understanding that the individuals rights as a free person trumps some vague idea of a collective good.

The first is, Our Government Destroyer of Jobs, by Charles Hugh Smith, at oftwominds.

Here are some excerpts from the article.

“Government regulation is supposed to address life safety and exploitation of workers and the public. But unbeknownst to the status quo, it’s supposed to do so with an eye on cost-benefits and diminishing returns.”

“The government’s solution to absurdly high costs of opening a small business is: borrow more money….. we make the rules, you follow them, and if you can’t afford to follow the rules, then don’t open the business.”

“This is how you get an economy of bureaucrats justifying their existence with 500-page manuals regulating private enterprise and abandoned main streets and malls. The government assumes private enterprise will jump through an endless number of hoops to operate a business, and that there is an endless supply of willing entrepreneurs who will volunteer to put themselves at risk of bankruptcy.”

“Back in reality, there is not an endless supply of people willing to jump through an insane number of hoops and risk their capital and health on starting a risky enterprise.”

“Guess what, our government: you forgot that ultimately you live off the private sector. Yes, let’s pile on another 500 pages of regulations–no problem–nothing could be easier for those in secure jobs funded by taxpayers. But if the private-sector jobs go away, who’s left to pay for state employees to shuffle thousands of pages of regulations and enforce countless “improvements”?”

FREE INDIVIDUALS  vs. THE COLLECTIVE

The second is, Agenda For A Freer And More Prosperous America, by Richard Ebeling, at epictimes.com.

Here are some excerpts from the article.

“America must rediscover and reestablish its own founding principles and philosophical ideas…This means recapturing the spirit and meaning of individualism and individual rights. That every human being should be considered a free person, allowed to live his or her own life as he or she wished, guided by their own goals, purposes and ideals that will give their life meaning, value and worth, as they define it.”

“This means liberating ourselves from the false notion that the individual is owned and subservient to the collective, the tribe or the group into which they were born, and to which a political and ideological elite asserts they are to be sacrificed and obedient; that their life is not their own, but the property of the collective.”

“As long as the underlying collectivism is not challenged and overcome, real and sustainable freedom cannot be restored. America was founded on the idea of sovereign individuals, who associated with each other for mutual betterment through voluntary trade and consensual association. Government was meant to secure and protect each individual’s right to his life, liberty and honestly acquired property (meaning peaceful production and/or voluntary exchange).”

“Privileges and favors, subsidies and artificial protections for some at the expense of others must be repealed and abolished. There must be an equality of individual rights before the law, not an inequality of government-imposed “entitlements” and redistributive “rights”….”

“Freeing markets under a regime of equal individual right under an impartial rule and enforcement of the law would do far more to help those that “progressives” claim there are most concerned about in society than the entire array of interventionist and welfare statist programs have done in more than a half a century of coerced redistribution since the heady hopes of LBJ’s Great Society programs.

VIDEO FROM LEARN LIBERTY

Below is a video from Learn Liberty, that talks about the ramifications of the new sharing economy. This sharing economy is challenging the status quo businesses that are protected by government regulations.

 

Related ArticleWhy Do People Think The Government Is The Economy? at austrianaddict.com.

Related ArticleI’m From The Government And I’m Here To Help, at austrianaddict.com.