Dear Friends,
It seems to me that all people are capable. You are a capable person, he is capable, she is capable and even I have some small capacity. That is a fundamental theme of the International Capitalist Party’s ethos. All people are capable human beings. The capacity of each individual is diverse and unique. It is that very diversity of capacity and uniqueness that gives rise to people’s ability to fill the miscellaneous needs of society and even to explore new possibilities.
A perfect government therefore would allow all people to employ their divers talents in whatever way they saw fit. This would lead to zero unemployment because everyone would work. It would also lead to an explosion in the GDP of a country that achieved it because everyone would contribute to it. But is not an easy task.
In a system that is increasingly regulated the diverse capabilities of mankind cannot be effectively harnessed. Regulation does not allow for diversity. This inevitably leads to some people’s abilities not being marketable. The primary benefit of the diversity of abilities is lost to society. This is because regulation is a top down approach to control a complex system, i.e. the diverse abilities of mankind within the market system.
Top down or Command and Control economics is an attribute of oligarchal State capitalism as well as many other anti capitalist philosophies. These systems seek to limit mankind to a single mold. The mold the Elite anti capitalists find agreeable. The mold is for the named, like the bourgeoisie, proletariat, worker, immigrant, rich or poor. The Elite pretend to be members of them all but are a sort to themselves so they need not conform to the mold.
Lasses Fair capitalism meets the diverse abilities of mankind best but has it’s drawbacks. Those are all founded in people’s wanting to use unjust means to go around the market system. Means like, bribery to get contracts, privileges, licenses etc, pyramid schemes, snake oil salesmen, or mere scammers, in short, stupid capitalism. The World is full of those that will jump at the opportunity to take advantage of others who are trusting.
It is an actually legitimate role of government to protect the property and persons of those under it’s care. So it is a legitimate use of government power to protect people from fraud. This comes in the form of consumer protection and creates an ability in people to actually trust each other sufficiently to conduct business. Until the consumer protection grows into a kudzu vine, that overgrows it’s place, it allows the market to operate more smoothly then if there was no regulation at all.
So here regulation is helpful but earlier we claimed it was unhelpful. That is because we are talking about regulation that protects consumers from fraud and before we were talking about regulation that doesn’t set standards or protect consumers it protects, firms from competition, government granted monopolies, the legal oligarchy, the interests of a faction (or Elite) over the interests of society, or society from the complexity that is a functional market system.
It is exactly this complexity of the market system that fits like a hand in a warm glove with the diverse capabilities of mankind. To try to protect people from their very strength is to undermine that strength. Our diversity in abilities is what allows the market system to fit so well with humanities abilities and foibles. We shine in our diversity in abilities and we should celebrate them.
But the philosophy opposite ours, that people are NOT capable, not able, not diverse in our talents and need protection, not only from others but even from ourselves, this philosophy can only lead to tyranny and oppression. It is a poor lot for the children of those that let this pernicious ethic infect into the body politic or the corpus society.
Their children will suffer the tyranny bought for them by their parents…
