Principles
Economics
Free market versus government control
Which is it, government control or the free market? If we had a mini government, (the libertarians dream), how would we look? Would economics and life reach a natural equilibrium similar to an aquarium? Would human nature balance itself out? Would the natural tendencies towards greed and cruelty be balanced by mercy and help? Would it be “one man under God” with nothing in-between or just “man alone?” Would the irresponsible balance the responsible? Or, do we need enlightened individuals to pull this off? All these are considerations without a big government.
Without big government would we go back to the garment industry with children working 16 hour days? Would predatory capitalism, monopolies, control and betray the country in quest for becoming multinational? What happens to our country? Some say the rise of multinationals has been helped by big government and that they are in bed together. Perhaps. Without government would this be curtailed? Would a human scale economy, and market place flourish? Could a supply and demand market place be enough and keep a flourishing middle class?
Or, without government control, would lack of protection encourage gangs that turn into feudal warring tribes destabilize the market place? Profits and corruption replace choice and safety. These questions along with others should be asked.
My instincts are these. The free market place has gone too far. The scale is too large. The ingrained corruption and control are too deep for it be healthy. Government, on the other hand, has controlled too many areas of our life and has made itself and life a giant mush. There is no answer. It is beyond comprehension. One just has to “let it go.”