I'll probably quote from this next time I debate the left.
Free From What?
Quotes:
"And it is not difficult to understand why it is so - 310 million distributed brains focused on rational self-interest have a higher aggregated IQ than do a few dozen civil-service central planners whose priorities are more time off and early pension."
How about another?
"America happened, with its free enterprise system and its Constitutionally-limited government. For the first time in history, people owned themselves and the fruits of their labors. They kept what they produced instead of turning it over to a king, priest, dictator, warlord, tribal chief, colonial governor, general, emperor, commissar, or entire village.
People who can keep the surplus they produce, produce in
surplus; those who can’t, don’t. The
word economists use to describe this phenomenon is “duh”."
Another?
"You don’t need a Ph.D. in economics or commerce to test that
theory. Simply look at any of the most
miserable and impoverished countries – North Korea will suffice – and run
down the list of what else they don’t have besides prosperity: religious
freedom, freedom of speech, gun rights, freedom of association, political
freedom, economic freedom.
Free enterprise has raised the average manufacturing wage in
China
from 58 cents per hour in 2000 to nearly $6 per hour today. Let’s connect the dots for the UW grads: government
lets go of the rope, 43 million new businesses are formed, the economy is 70%
liberated, and wages go up 10-fold in a decade.
Get it?"
And then look at the countries whose living standards are
rising the fastest – China will suffice – and ask yourself: why there and why
now? What changed to lift them out of abject poverty, starvation and oppression? The government changed, that’s what.
It rejected central planning and embraced free enterprise; and
the results have been nothing short of miraculous. Since 2000, the United States created roughly 6
million new businesses; the Chinese started an astonishing 43 million. The
shift from government enterprise to private enterprise in China has transformed the economy so that 70% of
China’s
output is now generated in the private sector.
One more?
"North
Korea has roads and schools and free health
care and food stamps and public transportation all those other things the “you didn’t
build it” crowd thinks made this country great.
So did China
when it was wasting two generations on a failed system that relies on someone
else to “make that happen.” What
happened is that tens of millions of people starved to death and millions more
were killed for complaining about it."
Read the whole thing.
Whole heartedly agree about freedom, though the original author should be careful when making comparisons to China. I have had the good fortune to travel there and what many don't realize is that while there has been some movement towards the free enterprise, the central governments hand is heavily involved. They pick winners and losers and there, and there is more of a facade of capitalism than an actual application of it. (And its because of that reason that I expect a major economic downturn for them in the near future.) But even with that being the case the fact is that what little true economic freedom they have allowed, there has been a substantial improvement in the lives of ordinary chinese.
ReplyDeleteI don't disagree that China is still government controlled, but they have been moving in the right direction, while we have been going the wrong way.
DeleteThe author of this article has spent a considerable amount of time in China (he might even be there now) and every time he comes back he seems to be more impressed with China's improvements.
BTW, he once ran for congress as a libertarian, lest you doubt his support for freedom and liberty.
His campaign slogan: "More freedom, less government, that's my answer; what's your question."