Saturday, February 13, 2016

Free Markets With Weak Governments Does Not Work, Nor Does Strong Centralized Governments

An unrestrained free market is not the answer. Talk radio so called conservatives go on endlessly about big government and how if only big government would get out of the way, everything will shine. It is not that simple. There are plenty of countries where there are weak federal governments, few restraints, and massive corruption in the private sector. Wealth gets highly concentrated, and a few families end up owning almost everything. Almost everyone else lives on low wages that ensure a life of poverty, or are chronically unemployed. No safety net for children, for the elderly, for the sick, for the poor. If you are badly injured or sick and do not have money, you die. Toxic chemicals and waste gets dumped into the ocean and other places where the company pays nothing but the public pays a huge price. People severely injured from their work get thrown to the curb. The best run govrnments are not cushy places full of do nothing jobs where no one can ever get fired. The countries that work best, that have the least corruption, have strong checks and balances, including checks and balances on the private sector. They are also places where government is not the road to riches, only the road to a public service career.

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