And if you think that it isn’t, why is almost every decision it is making (especially “Administrative Rules” that have the force of Law) mean GOVERNMENT makes the decisions and not you and I? Are you really that dim-witted that you believe “but it’s for your own Good?”
Nope, you’d probably would have been considered a Tory or a Loyalist come Tuesday back 247 years ago.
Competition in a private property system is expected to guide resources to those uses that maximize the value of production secured from them. This value is measured by what consumers are willing to pay, making due allowance for the implicit value of leisure and other goods consumed outside the formal market arena. The profit criterion stops uses of resources that would result in more cost than benefit as these are measured by the money votes of consumers.
-Harold Demsetz (Economic, Legal, and Political Dimensions of Competition)
Competition can only happen when there is Freedom to compete. Sounds simple, sounds trite, but it is true. When Government believes it knows better than the millions of decentralized people making billions of decisions on their own for their own self-interest, the result is always better than Government control. We have had hundreds of years of examples of Socialism, fascism, and Corporatism that show my assertion to be true.
Each of those government/economic models is defined as “planning from the top” – centralized decision-making by a relatively paltry few who have the hubris to believe they can efficiently control economies that have billions of decisions – every hour. Each individual one focused on one person’s needs and desires but which, in the aggregate, form the “Invisible Hand” discussed by F.A. Hayek. Efficient (perhaps not always the highest optimal, but “efficient enough” for each) in which their capital is put to the highest good.
Planners, as in Critical Race Theory adherents, only see groups and not the individual needs. And they can only approximately guess their needs, wants, and cost ranges. Because of that, they are insufficient when it comes to “Complete Knowledge” and, thus, end up with sub-optimal decisions because the limited information they have is already out-of-date by the time they receive it; the People have already moved on.
And planners are never concerned with the People’s concern with Time which is one of the most important issues of that decision-making – time to work vs. time for leisure.
Freedom to decide – that’s what our Founding Fathers gave us. Big and Bigger Government, run by bureaucrats and stupid elected officials, forget that was one of the driving forces for Independence.
IMHO, it is being taken from us – what are you actively doing to take it back?
Or are you that lump sitting on the couch?
(H/T: Cafe Hayek)
