Why don't we fill the ATM's with an infinite supply of money and all citizens can go and pull out as much as they want? Need a house, just pull out the money and go buy it. No need to work.
... Because this doesn't solve the issues and problems the market mechanism is so essential for, does it. Production, including what to produce, and scarcity. Why would anyone bother building the house, if they can supply all their needs via the ATM, and then even if the house were to appear - perhaps someone built it for a hobby - say it's the only house, then what use pulling out $1.1 million from the ATM if the guy behind me can do the same, plus $1. Or a trillion dollars for that matter, as money is just confetti. The whole pricing mechanism is now broken, there is no allocation system to determine the use (and who uses) resources ... it's got to end badly, surely, as I suspect the one who gets the house will ultimately be the one who can weld the most force to secure, then defend it. Money, that has value, is at the centre of civilised, peaceful society.
Well how do consequences change between a private sector doing this, and the public sector?
Liberty and freedom are two proud words that have been executed from the political lexicon: they were frog marched and stood before a wall of blank minds, then forcibly blindfolded, and shot, with the whimpering staccato of ‘equality’ and ‘fairness’ resounding over and over. And not only did this atrocity go unreported by journalists in the mainstream media, they were in the firing squad.
The premise of this blog is simple: the Soviets thought they had equality, and welfare from cradle to grave, until the illusory free lunch of redistribution took its inevitable course, and cost them everything they had. First to go was their privacy, after that their freedom, then on being ground down to an equality of poverty only, for many of them their lives as they tried to escape a life behind the Iron Curtain. In the state-enforced common good, was found only slavery to the prison of each other's mind; instead of the caring state, they had imposed the surveillance state to keep them in line. So why are we accumulating a national debt to build the slave state again in the West? Where is the contrarian, uncomfortable literature to put the state experiment finally to rest?
Comments Policy: I'm not moderating comments, so keep it sane and go away with the spam. Government officials please read disclaimer at bottom of page.