Tag Archives: Adam Smith

The Default State of economics…

Many years and countless hours of studying Socialist countries has presented me with two absolute and demonstrable facts.
First, Socialism never works no matter how much your local Socialist wants or wishes it too.  Or for that matter, tells themselves it does.
Second, Free Market Capitalism is the default state of economics.

Without fail, once established and entrenched, a socialized economy gives birth to a separate and “unequal” system of trade.

A system of trade that is not controlled by the state. It has many names such a black, grey, underground and illegal… but those in charge never call it “free” which is exactly what it is.  (In Russia there was a simple rule everyone lived by… if you see a line get in it.  They knew that whatever was at the other end, whether they wanted it or not, could be traded for something they did want.)

The Socialists have attempted every imaginable idea to stop Capitalism in its tracks but  have succeeded only in slowing it down and creating distortions which they then blame on the very free market they distorted.

They stare dumbfounded at a system of trade that does not require their genius, planning or input, to be successful.

So, Throughout history the Free Market has ruled unmatched in it’s success and durability as the premier economic system.
(An aside: I’ve encountered a school of liberalism (a poorly educated one) that has labeled Free Market trade as “Smithian Capitalism”. I would remind these Elitist Know Nothings that Smith was simply an observer and recorded what had been evident for millennia. Just because he was the first to organize it on paper does not make him the architect of voluntary trade.)
Free trade has flourished under monarchies and Marxism alike.

It cannot be stopped… but that seems to be one of the tenets of our present day, home-grown Socialists. There is an ongoing effort to slow Capitalism down with policy issues like global warming which then lead to ideas like cap-and-trade etc. Ironically it is the resistance from the rest of the socialized world which stands in the way of these ill-founded ideas… the Communist Chinese understand the value of free market trade which is why Hong Kong has been left alone.  But they also recognize the inability to control a population enjoying a Free-Market, which is why they have not officially adopted the economic system for China proper.
But the point is, when the superiority of Free Market Capitalism is recognized even by those who wish to see it go away, you have to ask yourself why are we still fighting with these same types of people at home?
I have and will continue to offer it is about Power and Control… it is about a mindset that see themselves so superior to you that the concept of not making your decisions for you is unthinkable. In their minds, It is about keeping you from always making the wrong choice because you’re too stupid to know better.
We finally have a single country, in the United States of America, founded on the beneficial evidence of  individual rights, voluntary trade and property rights.  And the Left can’t leave it alone.

I’m tired of placating these people and their oppressive ideas coated with a candy glaze of “fairness”.  Simply being born in a country doesn’t make it “yours”. If we are not racists then we should surely not be “Geographists” either. We should organize ourselves according to ideas on  Individual Freedom and Liberty.  Those who do not believe in how this country was founded need only find a country where their ideas fit in.

Socialists already own most of the planet… how is that working out for them?  Surely the EU could use the brilliance of our modern day Left to help them put their Socialist Utopia back in order.

(042812)

“If you destroy a free market; you create a black market.” – Winston Churchill

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