The Ability to Say 'no' vs You WILL ALWAYS Say "Yes"... - Granite Grok

The Ability to Say ‘no’ vs You WILL ALWAYS Say “Yes”…


The ability to say ‘no’  vs you WILL ALWAYS say “yes.” That is to say: Capitalism vs Socialism/Statism: who gets to make the choice for you? You or the Government? Emphasis mine

The right to say “no” features also a beautiful component of equality. Amazon CEO Jeff Bezos, with his vast fortune, must nevertheless persuade each of his customers to deal with him. Because they can refuse his offers, he must find ways to make them better off if he is to profit from having them as customers.

It’s true that, in Bezos’s case, his having to persuade each and every person with whom he deals to say “yes” to his offers resulted in his monetary wealth growing disproportionately large compared to that of almost everyone else. But so what? Individuals’ right to say “no” motivated Bezos to figure out ways to entice people to say “yes” to do business with him. The fact that, in consequence, Bezos became one of the world’s wealthiest people means only that he was especially successful at persuading people to say “yes.”

Shouldn’t we applaud rather than bemoan or begrudge such success?

We should. Socialists like Bernie Sanders, Jan Schmidt, and Bruce Currie maintain that people like Bezos and the Walton family STEAL from working people. Balderdash!  In capitalism, one only gives someone else their money if and ONLY if they believe they are receiving a good deal. Period. Unless politicians rig the system to force people to buy products they otherwise wouldn’t purchase (like Obamacare mandated healthcare insurance products).

And on the flip side:

Also, although Bezos today is magnificently rich, in the economic market his power to compel people to do business with him remains equal to that of the poorest immigrant motel maid: neither person has any such power. The poor motel maid can say “no” to any offer from the tycoon Bezos that she believes will not improve her well-being. Bezos has no power over her.

Matters are the opposite in politics. Government’s nature is to threaten force to do whatever it does. And so because government can force each person to do its bidding, no one has a right to tell it “no.” There is, therefore, no good reason to expect that the outcomes of political processes will be widespread human betterment.

-Prof. Don Beaudreaux (Pittsburgh Tribune-Review)