On Bloomberg, this story “China February Auto Sales Rise 25% After Tax Cuts” explains what China did to improve their slumping economy. They cut taxes!
It is a strange new world when a Communist country understands free market (Capitalist) principles more than the freest nation in the world. This is not the first time China has used free market principles to improve their economy, by the way. They steal more than nuclear technology from us, but I digress.
So, the U.S. is increasing taxes and regulations on, not only our car companies, energy and other companies, to lower our debt from our spending that was to improve the economy. This obviously is not working. China just cuts taxes and auto sales soar 25%. What is wrong with this picture!?
Now, it has been said that Obama and the Democrats should look to Bush, Reagan, Kennedy, and Harding for ideas to improve our economy not to mention Milton Friedman and Adam Smith. Well…I can’t believe I going to say this…maybe Obama should look to Communist China for some tips? If they can cut taxes and improve things, it might work here.
After saying that, I going to look for the rabbit hole I just fell through and try to find a lost little girl and tardy rabbit to lead me back to reality and have some tea with the Mad Hatter. This just proves where ever and when ever free market principles are tried, even in Communist countries, they ALWAYS work.
Showing posts with label Capitalism. Show all posts
Showing posts with label Capitalism. Show all posts
Wednesday, March 11, 2009
Thursday, February 26, 2009
Capitalism still works. It works everyday
In the column, “Economic Miracle,” Walt Williams eloquently illustrates how Capitalism works in our daily lives in very simple way through a grocery store. With Obama trying to force Keynesian economics morphed with full-blown Socialism, so many are saying Capitalism is outdated and is the problem. Obama, actually, said, “Capitalism is cruel and chaotic.” Then, he continued that the government needed to intervene to improve the system and stop this injustice. This is absolutely wrong in so many ways.
Williams explains very well that not one person or government, not even the Almighty Obama or Ingenious Geithner, can control the millions of variables in an economy the size of America. The reason the U.S.S.R. and so many other Socialist economies collapse is that the central planning government can not control every outcome in their economy and eventually can not meet the needs of all the people. Therefore, they could not generate enough capital, resources, goods, and wealth for it to sustain their people. This is why Communist China instituted key Capitalist principles to generate enough wealth, resources, and goods to try to sustain their people. That is why the U.S.S.R had waiting lines for toilet paper and bread and still did not have enough, although they had more than enough land and timber to make both.
The issue that Liberals, Progressives, Socialists, and the like have with Capitalism is that, first, they do not, cannot, and shall not have control of everything or anything in the economy. The People do. The people that are active in the economy do the controlling, not the government. Second, the system makes people work, succeed, fail, and there is a definite result based upon the people’s actions. It works. It works without government. The people make it work. It works with freedom and liberty. All of this is the antithesis of what Liberals and Progressives believe.
Now, who would want to institute an economic system that does promote freedom, liberty, wealth, success, and definite results? Liberals and Progressives. Who wants to be a part of this type of system? Obviously, not Americans. That is why they are marching in the streets.
Capitalism is organized and just, not chaotic and unjust. In the column, Williams quotes Adam Smith, as follows:
“Adam Smith, the father of economics, captured the essence of this wonderful human cooperation when he said, "He (the businessman) generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. ... He intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain." Adam Smith continues, "He is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. ... By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it." And later he adds, "It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest."
The debate will always be how much intervening the government shall or can meddle into a capitalist economy; however, the People will always want a free Capitalistic system as a base, not an oppressive Socialistic one. The People will always choose freedom over oppression. The problem today is the People do not understand enough about economics to understand how bad Socialism is and how great Capitalism is, especially when times are hard like now. The People don’t understand the oppression of Socialism and the freedoms of Capitalism. Our educational system has failed our country, our principles, and our forefathers. That is for another discussion for another day.
We must spread the word of the greatness of country and our freedom, liberties, and wealth to anyone who will listen. We need to educate them how and why our great economy works and why Socialism is so wrong. We need to take a lesson from Walt Williams and break economics down to something as simple as a can of tuna.
Williams explains very well that not one person or government, not even the Almighty Obama or Ingenious Geithner, can control the millions of variables in an economy the size of America. The reason the U.S.S.R. and so many other Socialist economies collapse is that the central planning government can not control every outcome in their economy and eventually can not meet the needs of all the people. Therefore, they could not generate enough capital, resources, goods, and wealth for it to sustain their people. This is why Communist China instituted key Capitalist principles to generate enough wealth, resources, and goods to try to sustain their people. That is why the U.S.S.R had waiting lines for toilet paper and bread and still did not have enough, although they had more than enough land and timber to make both.
The issue that Liberals, Progressives, Socialists, and the like have with Capitalism is that, first, they do not, cannot, and shall not have control of everything or anything in the economy. The People do. The people that are active in the economy do the controlling, not the government. Second, the system makes people work, succeed, fail, and there is a definite result based upon the people’s actions. It works. It works without government. The people make it work. It works with freedom and liberty. All of this is the antithesis of what Liberals and Progressives believe.
Now, who would want to institute an economic system that does promote freedom, liberty, wealth, success, and definite results? Liberals and Progressives. Who wants to be a part of this type of system? Obviously, not Americans. That is why they are marching in the streets.
Capitalism is organized and just, not chaotic and unjust. In the column, Williams quotes Adam Smith, as follows:
“Adam Smith, the father of economics, captured the essence of this wonderful human cooperation when he said, "He (the businessman) generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. ... He intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain." Adam Smith continues, "He is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. ... By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it." And later he adds, "It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest."
The debate will always be how much intervening the government shall or can meddle into a capitalist economy; however, the People will always want a free Capitalistic system as a base, not an oppressive Socialistic one. The People will always choose freedom over oppression. The problem today is the People do not understand enough about economics to understand how bad Socialism is and how great Capitalism is, especially when times are hard like now. The People don’t understand the oppression of Socialism and the freedoms of Capitalism. Our educational system has failed our country, our principles, and our forefathers. That is for another discussion for another day.
We must spread the word of the greatness of country and our freedom, liberties, and wealth to anyone who will listen. We need to educate them how and why our great economy works and why Socialism is so wrong. We need to take a lesson from Walt Williams and break economics down to something as simple as a can of tuna.
Monday, February 16, 2009
Why Socialism is so Dangerous
So many people today throw the word Socialism around without really considering what it really means. Socialism is the opposite of what America stands for. It is the antithesis of what the Founders planned for this nation. It is in essence why we fled from Europe in the 1500s and 1600s and why we fought the Revolutionary War. The essence of Socialism is why immigrants flooded Ellis Island fleeing Europe and illegal immigrants risks their lives today crossing the U.S.-Mexican border. Socialism is the lack of freedom and liberty. Socialism limits both to control its people and its economy while we are for freedom for both.
When this country was founded, the Framers had a choice between the ideas Adam Smith, David Hume, and John Locke--free market ideas (capitalism)-- or the Old World ideas of mercantilism The Framers chose capitalism because is exemplified the founding principles of America—freedom, liberty, and ownership of private property. Capitalism placed the power with the people and not the government, which mercantilism did and socialism does today. This choice of freedom allowed this nation to grow and prosper and become a beacon to the world—“a shining city on a hill.” It exemplified what is “good”. It exemplified true freedom. It still does.
Our free markets and our people’s freedom are one in the same. One cannot be without the other. When the government interferes with either it affects the other. For example, when the government taxes the people or business excessively, it drastically affects the freedom of what they can or will do. Socialism limits both its people and the economy; therefore, it impedes their ability and desire to create anything.
Not only did our Founders have the wisdom that we should have free markets and a free people, but they also saw the enormous benefit of the people having private property rights. This allowed the people to generate great infinite wealth. Wealth that we still create today. Socialism is the opposite. The State eventually owns the property. All the property. Eventually, the State controls everything—without personal freedom or liberty for the people.
We, as a country, are losing the sense of our roots. We are forgetting what we stand for. We are losing our freedoms. First and foremost, the U.S. government must promote liberty and private property rights—not limit or control them. Private property is not just physical property, such as land, but ALL property, such as businesses, money (income and profits), intellectual, and so on. In accordance, the government must advance capitalist (free market) principles. Capitalism creates endless wealth for all indiscriminately. Capitalism sustains the freedom and liberty of the Republic.
In the last few months we have, not just slipped, but raced toward Socialism. Any form of socialism retards economic, social, and personal growth throughout our society. Just look at Norway, Russia, France, Cuba, and list goes on. Socialism in any form limits freedom in countless areas. This impediment of freedom and liberty limits creativity, creation of any wealth, and free will. Socialism is not just economic but infests all parts of a society.
Socialism seems in the short term a great idea. It soothes whatever economic ailments are immediately felt--job losses, bankruptcies, limited funds, etc. However, in the long run, without the freedom of personal creativity, creation of any wealth, and free will resources begin to crumble and waste away. There is not any incentive to create anything since it does not benefit anyone but the State. Eventually, there is nothing left. Again, look at Russia, Cuba, China and others.
Now, if Socialism is so horrible, why are we racing toward it? Throughout history when events of turmoil and tumult arise, such as an economic collapse, governmental turmoil, or social unrest, Socialism seems to be the best support during the trying times. It soothes the immediate ailments of the time. Such examples are Russia of 1910s, Germany of the 1930s, Italy of the 1930s, and U.S. of today.
The problem is that, although the immediate ailments may seem soothed, in the long term the people eventually end up in much worse circumstances. Take the prior examples of Russia, Germany, and Italy. All of them went from a national socialism, the government owing major industries, to a dictatorship (tyranny), which is the natural progression. All them ultimately went to war and in time collapsed in absolute ruin. By looking at Socialism in this manner, it seems not only immoral but also definitely anti-American.
The fact is that Capitalism naturally has it up and downs—its cycles. This is how it naturally cleanses itself of weaker participants of the system, such as our car companies or the financial companies. It is not only natural, but it is painful. But, it is humane. It is better for the economy and the people as a whole to have failure. It is better to have tried and failed than to be falsely supported by the government with a faulty product or industry. It is better to try, fail, and then find something better than to keep doing more of something that does not work. This is what one with common sense would call waste—something the government is very good at.
So, as the U.S. government buys into its industries, it is practicing Socialism. It is propping up industries that need to learn from failure. It would be the best for the economy as a whole, if they failed. By flirting with Socialism, the U.S. is undermining its core principles and marching toward the economic and social models it abhors and has called evil in the past. Tyranny.
As more Socialist principles are incorporate into the U.S. economy and government, the people will lose more and more of their freedom, liberty, and happiness. If we do not stop this now, the U.S. could become the next Russia, Germany, or Italy on the dust heap of history. All of this would be because we left our core principles of freedom, liberty, and ownership of private property. All of this would be because we would not take a little pain of a recession. All of this because the people listened to a few people in the government who want more power and control for themselves and less freedom for the people.
When this country was founded, the Framers had a choice between the ideas Adam Smith, David Hume, and John Locke--free market ideas (capitalism)-- or the Old World ideas of mercantilism The Framers chose capitalism because is exemplified the founding principles of America—freedom, liberty, and ownership of private property. Capitalism placed the power with the people and not the government, which mercantilism did and socialism does today. This choice of freedom allowed this nation to grow and prosper and become a beacon to the world—“a shining city on a hill.” It exemplified what is “good”. It exemplified true freedom. It still does.
Our free markets and our people’s freedom are one in the same. One cannot be without the other. When the government interferes with either it affects the other. For example, when the government taxes the people or business excessively, it drastically affects the freedom of what they can or will do. Socialism limits both its people and the economy; therefore, it impedes their ability and desire to create anything.
Not only did our Founders have the wisdom that we should have free markets and a free people, but they also saw the enormous benefit of the people having private property rights. This allowed the people to generate great infinite wealth. Wealth that we still create today. Socialism is the opposite. The State eventually owns the property. All the property. Eventually, the State controls everything—without personal freedom or liberty for the people.
We, as a country, are losing the sense of our roots. We are forgetting what we stand for. We are losing our freedoms. First and foremost, the U.S. government must promote liberty and private property rights—not limit or control them. Private property is not just physical property, such as land, but ALL property, such as businesses, money (income and profits), intellectual, and so on. In accordance, the government must advance capitalist (free market) principles. Capitalism creates endless wealth for all indiscriminately. Capitalism sustains the freedom and liberty of the Republic.
In the last few months we have, not just slipped, but raced toward Socialism. Any form of socialism retards economic, social, and personal growth throughout our society. Just look at Norway, Russia, France, Cuba, and list goes on. Socialism in any form limits freedom in countless areas. This impediment of freedom and liberty limits creativity, creation of any wealth, and free will. Socialism is not just economic but infests all parts of a society.
Socialism seems in the short term a great idea. It soothes whatever economic ailments are immediately felt--job losses, bankruptcies, limited funds, etc. However, in the long run, without the freedom of personal creativity, creation of any wealth, and free will resources begin to crumble and waste away. There is not any incentive to create anything since it does not benefit anyone but the State. Eventually, there is nothing left. Again, look at Russia, Cuba, China and others.
Now, if Socialism is so horrible, why are we racing toward it? Throughout history when events of turmoil and tumult arise, such as an economic collapse, governmental turmoil, or social unrest, Socialism seems to be the best support during the trying times. It soothes the immediate ailments of the time. Such examples are Russia of 1910s, Germany of the 1930s, Italy of the 1930s, and U.S. of today.
The problem is that, although the immediate ailments may seem soothed, in the long term the people eventually end up in much worse circumstances. Take the prior examples of Russia, Germany, and Italy. All of them went from a national socialism, the government owing major industries, to a dictatorship (tyranny), which is the natural progression. All them ultimately went to war and in time collapsed in absolute ruin. By looking at Socialism in this manner, it seems not only immoral but also definitely anti-American.
The fact is that Capitalism naturally has it up and downs—its cycles. This is how it naturally cleanses itself of weaker participants of the system, such as our car companies or the financial companies. It is not only natural, but it is painful. But, it is humane. It is better for the economy and the people as a whole to have failure. It is better to have tried and failed than to be falsely supported by the government with a faulty product or industry. It is better to try, fail, and then find something better than to keep doing more of something that does not work. This is what one with common sense would call waste—something the government is very good at.
So, as the U.S. government buys into its industries, it is practicing Socialism. It is propping up industries that need to learn from failure. It would be the best for the economy as a whole, if they failed. By flirting with Socialism, the U.S. is undermining its core principles and marching toward the economic and social models it abhors and has called evil in the past. Tyranny.
As more Socialist principles are incorporate into the U.S. economy and government, the people will lose more and more of their freedom, liberty, and happiness. If we do not stop this now, the U.S. could become the next Russia, Germany, or Italy on the dust heap of history. All of this would be because we left our core principles of freedom, liberty, and ownership of private property. All of this would be because we would not take a little pain of a recession. All of this because the people listened to a few people in the government who want more power and control for themselves and less freedom for the people.
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