A few days ago I had this response to Paul Craig Roberts’s article, in which Roberts called on Ron Paul to compromise by supporting policies such as minimum wage and other regulations as a meas of attracting more people from the Left. I stated that Ron Paul won’t compromise on such policies which he knows are economically unsound as well as immoral, and I called on the Left to do the compromising. And I also included a list of books with online editions and articles online for people to read to learn more about why freedom and free markets contribute far more to economic growth and prosperity than do government intrusions, and in fact freedom and free markets are more ethical and moral as well.
Here are some additional comments on why the Left (and everyone else) should oppose a regulated economy just as much as they oppose governmental intrusions into their personal lives.
One thing that those who support more regulations of private businesses don’t understand is that, the more regulations (that is, arbitrary rules, mandates and dictates given by government bureaucrats) there are, the more power you are giving to the armed agents of government to enforce those regulations, be they local police, FBI, SEC, FTC, etc. Just look at what Gibson Guitar had to endure, with S.W.A.T. team raids and government theft of the company’s property, and what Rawsome Foods suffered at the hands of the bureaucracy police because some people happen to prefer raw milk rather than the chemical-laden crap we buy at the local grocer.
This fascism of bureaucracy is only getting worse, as that is what can be expected when you abandon the ideas of individual rights, property rights and the rule of law, which is exactly what before-the-fact, presumption-of-guilt arbitrary government regulations, bureaucratic red tape and reporting requirements do. And this applies to the financial sector as well. There is no need for a psychopathic, fanatically bureaucratized, Soviet-like Dodd-Frank monstrosity, when all you really have to do is go by the rule of law.
For the financial crisis that we have had to endure in recent years, if there were actual free markets in banking, financing and housing, and no government mandates and bailouts, and under the rule of law that actually punishes theft and fraud, we would not have the problems our society has now. Some people on blogs and in articles recently have been calling such a situation (a situation that would be approved of by Thomas Jefferson et al. were they around today, by the way) “utopian,” but it actually is those who are calling for more and more nanny-state regulations and intrusions who are the utopians, as though the never-ending growth in regulations and intrusions that treat the population like babies and like criminals in their obedience to dumb, non-productive bureaucrats will finally solve problems.
No, Dodd-Frank and other intrusions calls for more bureaus and more bureaucrats, and gives more power to more police, FBI, and so on. With cases like Rawsome Foods and Gibson Guitars, and various “insider trading” laws and other made-up “crimes,” it only gives the armed agents of government more excuses to get off on their power trips in their raids and their more recent Nazi-like tactics. The police state that we have now isn’t just evident with the ‘Occupy’ movement, traffic fascism and the education system, but with all sorts of businesses in which people are just trying to make a living and have a right to be left alone and a right to be presumed innocent until actually suspected of some actual crime.
Further, the more regulations you have, and the more costly and intrusive they are, the more damaging they are economically to smaller businesses and those just starting out in their fields, and just plain discouraging of those who were merely considering entering the business world. And the more protective such regulations are of the more established businesses who can afford the extra lawyers, lobbyists, and, of course, those campaign contributions for the Congresspeople to vote for legislation to restrict smaller businesspeople and entrepreneurs, and that will help those established businesses in protecting their high profits.
Besides the police state that further regulations enhance, and the government-protectionism of established businesses, on a more fundamental level it is a matter of rights. Individuals have a right to live and right to liberty, and have a right to be free from the aggression and intrusion of others. This means more specifically that individuals have a right “to be secure” in their persons, property and effects from intrusions by others. People have a right to own their own lives, and that includes the right to own their labor, the energy and effort they themselves exert in order to be productive. The individual is the initial rightful owner of one’s labor, until one trades one’s labor with an employer, a customer or client in a mutually-beneficial, voluntary contract.
For some reason, some people seem to think that your labor is initially owned by your community in which you live or by the collective or the population in general. Those are the people who believe that the individual is owned by the collective and exists to serve the collective’s needs. However, the truth is that such a destructive philosophy, on which many of our current “laws” and regulations are based, is directly violating of the rights of the individual: the right of self-ownership, the right to be secure in one’s person, property and effects, and the right to use one’s own labor and productivity as one sees fit to sustain one’s own life.
People have a right to establish voluntary contracts with others, and those contracts are private contracts and they are only the business of those parties involved in such contracts. That applies to employer-employee contracts, private contractors dealing with clients, sales people dealing with customers, etc. For some reason, there are people who don’t like the idea of that kind of freedom, that kind of voluntaryism amongst free, consenting individuals, and that such contracts are really owned by the community and that the community has a right to know what the terms of private contracts are and even have a right to demand specific terms of contracts. And they believe that they have a right to a certain take on those contracts and/or profits from any transactions (via the State). But such demands, such takings are really intrusions into those contracts of others, and really amount to acts of trespass and theft (via the State).
There is also the idea of the government demanding information from you regarding your personal life or your economic life. This demanding of private information comes from the idea that people are guilty until they prove themselves innocent by allowing such governmental intrusions. That goes against the idea of presumption of innocence and the right to be secure in one’s person, property and effects. Intrusions are trespasses. Remember, if it’s wrong for your neighbors to intrude in your private affairs, then it’s wrong for the government to do so.
I know, a lot of people have been indoctrinated for generations and generations to believe otherwise, but no, if you believe in the rule of law, and you believe in true justice and living in a peaceful society, you have to decide whether only some acts of trespass and theft should be considered criminal, or whether all such acts are criminal. Unfortunately, our society has allowed the community and the State to encroach themselves into private people’s private personal and economic matters, in the name of this or that, when in reality, these intrusions are just institutionalized criminality. And at the same time, we have laws upon laws upon laws that make up phony crimes, in which people minding their own business are persecuted by their neighbors via government and police. Amerika has become an inside out, upside down world of a bizarre Orwellian nature.
Now, I would like to address this ignorant ideology of “soak the rich.” For some reason, some people seem to think that an individual’s right to one’s life and self-ownership, including the right to sell one’s labor and property as one sees fit, and the right to the fruits of one’s labor and the right to one’s justly acquired property, become diminished rights the more wealth one has. That is, for example, if someone accumulates $100,000, then one has less of a right to that wealth than someone who has accumulated $1,000. And that the neighbors or the community has a right or ought to be empowered to take more of the first individual’s wealth then the second individual’s wealth.
So the more wealth one honestly accumulates, the less he actually owns it and the more the community, one’s neighbors, can claim ownership of it? No, that just goes against the concept of a society forbidding aggression, and against the moral principles of private property and the rule of law. Just who are the neighbors to make a claim on that wealth without the consent of the owner? What’s the difference between those neighbors claiming such wealth via government force and those people just stealing it themselves by force? A society that says that some taking of private property is allowed by law is a society that is doomed to degenerate morally, and that is what we have today.
There is a control freakishness of some people in society, in which they must give orders and make demands on others, to reveal personal information and to open up bank accounts and businesses to government snoopers, and there are those control freaks who are just compelled to forcibly enter the private homes and businesses of others, this need to be intrusive. There is a covetousness of some people who must have what others have and take it from them by force. All these trespasses and thefts have had their rationalizations throughout the decades, but they are still thefts and trespasses, and it is still covetousness, regardless how it is rationalized.
“But, it’s for the poor,” etc. Actually, it has been these government mandates, regulations, reporting requirements, fees, licensure, minimum wage laws, union protectionism, etc. that have been stealing from the poor, stealing their opportunities by restricting their entering into the work force or from starting a small business, and so forth. It’s not “for the poor,” it’s for the government bureaucrats, and to protect the Establishment.
I hope that Ron Paul does not compromise on his principles of morality, private property, freedom of association and freedom of contract as Paul Craig Roberts requests of him on behalf of getting more votes from the Left. What we need is more freedom. Freedom begets economic prosperity and higher standard of living for the most number of people in a society.