Comments on: My Take on the Evil of Centralized Power

By: M.D.

M.D. — Sat, 25 Jun 2011 21:39:56 +0000

Phil-
Please keep in mind there is no "capitalism" in the USA. There is "State-Capitalism" (corporatism) and that is an entirely different animal in which rules are made and enforced by law, not markets.

The historical role of all governments is to manage and distribute the wealth of resources of the country. Since there are no countries that don't meet this definition, the best you can do is pick a distribution system that has your interests at the center. In the USA, your interests come dead last. Not very inviting, I'd say. You only have to examine carefully the evidence that already exists to see this. Examine the GINI coefficient, examine the incomes curve over time, and examine the purpose and consequence of major legislation. It all adds up to – "you're screwed."

The answer is not voting. The answer lies in de-legitimizing the effects of centralized government, especially on the economy.

By: Philosopherking

Philosopherking — Sat, 25 Jun 2011 18:04:27 +0000

I definitely do agree that when government stops determining how people can dispose of their stuff then you would see more competition but when government regulate it seems to diminish competition since it eliminates how much stuff is available to the public. Example: Booze versus drugs. What would happen to the price of beer if people used dope instead? What would happen to the price of dope if people used beer instead? It does seem that regulation and prohibition benefits big corps more than they would like to admit which is why big rich people often do support socialist schemes. They know they will be locked in.

However, I see capitalism as the cure and not as the disease. When no law can prohibit what someone can sell to another then big business can't use the government to stop them from competing with them. They are forced to compete with the little guy's idea on an equal playing field.