If I have a right to freedom of speech, to privacy, or to the ownership of a house, everyone else has an obligation to respect it. But when I claim a “right” to “an income sufficient to live in dignity,” whether I am willing to work for it or not, what I am really claiming is a right to part of somebody else’s earned income. What I am asserting is that he has a duty to earn more than he needs or wants to live on so that the surplus may be seized from him and turned over to me to live on.
Henry Hazlitt, “Income Without Work”
You can slather as much jargon-laded intellectual make-up as you wish upon tariffs such as the one that the U.S. government just imposed on Americans who buy aircraft assembled in Canada. Underneath the make-up is a predatory pig – a vile beast just as hideous, just as vicious, and just as destructive with the make-up as without it.
Theory: Government exists to protect it citizens from being preyed upon by those who would greedily use force or fraud to further their own well-being at the larger expense of the People.
Practice: Government uses force and fraud to prey upon its citizens in order to serve those who greedily seek to further their own well-being at the larger expense of the People.
Kernaghan and other first world union members pretend to take up the cause of poor workers but the policies they advocate would actually make those very workers worse off.
This is what I call the Goodbye Lenin Delusion, the idea that socialism could have turned out completely differently. It could not, and it never will anywhere, no matter how often we insist on trying.
Foreign aid transfers money from poor people in rich countries to rich people in poor countries.
Paraphrase: Matt Riddly
How Can Sweatshops Help The Poor Escape Poverty?
Want to save people from poverty? We know how to do that.
Because “green energy” is only profitable with government incentives, it naturally follows that “perverse incentives” result.
https://capx.co/the-scottish-wind-power-racket/“>The Scottish wind-power racket – CapX
As Matt Riddly keeps saying, “green energy” takes from the poor and gives to the super rich.
The road to poverty is paved with good intentions.
Minimum wage version:
Watch “Go To Where The Light Is: Escaping North Korea — Yeonmi Park” on YouTube
What she escaped from is Socialism. What she escaped to is Freedom. Socialism is antifreedom. Why any person would desire to inflict Socialism on themselves, their neighbors, their children is something I cannot understand.
Price controls – both price ceilings and price floors – reduce the quantities of price-controlled goods and services that consumers actually get.
Don Boudreaux explains why Price Controls destroy productivity. What is true of artificially low prices (price ceilings) and artificially high costs (minimum wages) are so bad for everyone – not just business.
Capitalists act as a disciplined group preying upon workers and consumers only if they succeed in persuading the state to orchestrate and oversee such predations. Tariffs, occupational licensing, and other state interventions – typically cheered naively by “Progressives” as “victories” for the People – are all too often the means used by producer groups to steal what does not belong to them.
Note: I use the term “capitalism” loosely, since by definition, once business owners begin seeking this type of privilege, they are no longer acting as capitalists, but as cronies.