- Shouldn't try, and;
- Should be focused on eliminating the barriers they have constructed that are now hindering economic growth
This piece by Joel Bowman showed up today in my inbox which add's fuel to the discussion....
Joel Bowman, from Punta del Este, Uruguay...
In his 1958 interview with Ayn Rand, a young Mike Wallace asked the following question:
"Under a free system, no one could acquire a monopoly on anything. If you look at economics and economic history, you will discover that all monopolies have been established with government help, with the help of franchises, subsidies or any kind of government privileges. In free competition, no one could corner the market on a needed product. History will support me."
First and foremost, it calls each and every one of us to ask some very important questions of the society in which we live today...and about where it is heading tomorrow and beyond. What is the proper role of government in economics? Should, as Rand argued, there be separation of economy and state, just as there is of church and state? Should the government be able to use force and compulsion against the will of free men and women, to supersede or suspend the rights of the very individuals it affects to represent? And in what special case, if any, would this be permissible?