Posts Tagged ‘free enterprise’

Nick Gillespie

Reason.tv: Virginia is For (Liquor) Lovers!

by Nick Gillespie

Bob McDonnell is a self-professed pinot grigio and white zinfandel drinker.Subscribe to Reason.tv’s YouTube channel and get immediate notification whenever a new video goes live.

He’s also the new Republican governor of Virginia and is taking aim at the commonwealth’s oppressive and inefficient state-owned liquor monopoly. More than a dozen states still completely control the sales and distribution of all distilled spirits.

The result? Higher payrolls for state governments (state-workers are public-sector employees after all) and rotten selection and service for customers (state-sanctioned monopolies tend to diminish the shopping experience).

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Liberty Chick

Obama’s Jobs Summit: The Invisible Hand of SEIU and ACORN

by Liberty Chick

As President Obama concludes his first jobs summit, almost a year into his presidency, the nature of the guest list hints at a deliberate initiative that’s been underway for over 15 years – and it’s not one of the obvious presumptions that most would make.  Notice that of the list of leaders invited, the majority are labor union leaders, leaders of businesses with government contracts, or leaders of businesses that operate on partial public funding.  There is a common element across most of the businesses represented:  in one capacity or another, even if they are private sector businesses, most on the list benefit from some form of public money.

There is a legal precedent over 15 years old that is the pervasive push behind such a premise, one that was the product of ACORN and labor union coalitions.  And judging by Change to Win / SEIU’s Anna Burger’s plan for today’s jobs summit, it’s evident that this precedent is in play as we speak.

aburger

It’s no coincidence that in the wake of America’s economic crisis, some lawmakers have been pushing for infusions of public funds into the private sector.  No, we’re not just talking bank and insurance company bailouts. We’re talking about tax credit and incentive programs, health care reform proposals, green jobs programs, energy efficiency initiatives,  and even real estate development companies.  As the conservative accusations of socialism have begun to sink in with progressive leaders -especially with union leaders, who are especially sensitive to being perceived as public spenders – the language has been changing.  Adam Smith’s “Invisible Hand” doesn’t sound so scary when it’s wrapped in the glove of words like “co-ops” and “public-private partnerships” and “national service”, which are now quickly being mainstreamed into the rhetoric.

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Lurita Doan

China Schools Obama on Free Market Capitalism

by Lurita Doan

It’s okay for the Chinese to lecture President Obama on free market capitalism because he clearly doesn’t understand even the most basic principles of capitalism  and needs all the help he can get.  What’s not okay is for the Chinese to lecture the American people.  Here’s what I think:

mao_and_friends

Americans understand that prosperity, true prosperity, is created by an economic system where strong dynamic firms with better ideas, management and motivated employees  are free to prosper and the weak are allowed to fail.  This kind of Darwinian economic system has allowed our country to prosper for over 200 years.

Americans also understand that the federal government doesn’t really create jobs that lead to economic growth because Americans know that any job the government creates  can only be paid for by increasing taxes or by borrowing money–probably from the Chinese.  Nor is there any need to remind Americans that small businesses are the engine that move our economy, and that small businesses create 3 out of every 4 jobs in this country.

On the other hand, there is an urgent need to help President Obama learn the basic principles of a free enterprise system and how jobs are actually created in a market economy, for he is plunging headlong in the opposite direction.

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