<<Does Capitalism Favor "The Powerful"?>> The Good & Bad & SickOs.
Richard, the article you mentioned in you post...
ÿ
A very good read worthy of thought:
Unfettered Powerful Extremes
by Donald J. Boudreaux
I copied a few lines below, but sad to say that this type of understanding
is beyond this thread's ability to handle. Is it on-topic ? Yes.
What would happen if it became a discussion item ?
Simple to describe.
Those like BobE will pounce upon it with the retch created from day one
when that person noticed the very first person to create something of value
that can be used by everyone to increase their all and everyone's standard
of living.
What is sad is that BobE needs a theme like "The weak suffer thru the evil
acts of the strong." That retch created way back then, and continued
to be created each and every day since, is now like a mental cancer getting stronger and increasing in size.
The truth and correct ways are the hardest to obtain because it requires
people to understand what they represent, and for almost all persons
this is too hard, and after one forfeits on the very first one, it becomes
undesirable for them to inquire into their incorrectness.
But no matter, the die is casted, the dice has already been throwned
with the outcome at rest, both done deals, not waiting for folks to
look and see the results as people already know it is not good, and as
such will avoid a look and hope what is will not happen, and what they
know is not really happening will continue under their illusion of
actually is happening.
So Richard you could present every person in the world, in their each
language, the following article excerpts and you would expect at least
90+% of them to see what is so clear to those like you, and you will
find that 99+% will not see what you see.
.. no one exercises power over others.
Although Bill Gates's wealth is about 600,000 times greater
than my own, he has no more power over me than I have over him.
If he wants my car, he cannot have it unless I agree to sell it to him.
He cannot imprison me, shoot me, or enslave me.
He cannot tell me what to eat or drink or with whom I may be intimate.
He cannot tell me how to educate my son, or how I may earn a living.
...anything that he wants which I own.
We are both free not to contract with the other.
...A person (or an institution) is powerful only insofar as he can
use authorized force to compel others to act against their wills.
Only the state has such power.
This fact is why the further we move toward laissez faire,
the smaller is the scope for the truly powerful
--those with political authority--to dominate others.
At the laissez-faire limit, all power is eliminated.
Is Laissez Faire "Extreme"?
"Laissez-faire proponents such as Milton Friedman, F. A. Hayek,
and Ludwig von Mises are extremists."
Wrong.
The fact is, laissez faire eliminates extremes and extremists.
That's one of its principal virtues. The greater the scope of the market,
the less likely there will be extremes and extremists.
Compare the relationship of..... |
