Entrepreneurship is an extension of the process of rationalization, and is a characteristic innate in the human spirit. Government can only serve to hinder the entrepreneur from finding opportunities to invest and create wealth. As a result, government contributes a net loss to wealth creation.
Posts under ‘Property’
In Search of that Mythical Free-Market Road Network
There may be many things that the private sector can do better than the State, but roads will always be a public good. A free-market road network would only exist in a world of fantasy. omeone should make this fact aware to the people of El Provencio, a small town in the province of Cuenca (Castilla-La Mancha, Spain). They have been living in a fantasy world for centuries.
Forestation through the Free-Market
Roughly half of the world’s original forested surface area no longer exists. We depend on these forests for our survival. The key to long-term ecological sustainability is the free-market and private property rights.
Antitrust is a Violation of Property Rights
Although antitrust may be seen as a valuable tool to stop the formation of monopolies, the fact of the matter is that antitrust seeks a violation of property rights and rarely has to do with monopolies, or with companies conducting “unfair” business practices. Nearly everytime, antitrust is used as a tool to destroy the most successful companies of the United States to the benefit of their competition.
Monopolization of Force and the State
A State with the ability to protect private property automatically has a legal monopoly on force. This monopolization may, at first, provide protection service to the States’ citizens, but ultimately an entity which monopolizes the power to protect also monopolizes the to take away.
Zionism’s Losing Battle
Zionism is doomed to failure, and the only Middle East peace solution is a dissolution of government and the return of economic and social freedoms to both the Jews and the Arabs.
Land Redistribution and the Poor Future of South Africa
The tale of South Africa is one of tragedy: its past and present governments have set the nation up on a very difficult road to prosperity. It would not be news to mention that Zimbabwe’s Robert Mugabe spearheaded land redistribution in that country to expropriate land from the whites to set up communal farms. The South African government had slowly undertaken a similar process, by buying white land and giving it to black South Africans. These land redistribution schemes promise widespread destruction of wealth and possibly economic crisis.
Restoring Prosperity to Zimbabwe
In the midst of increasing socialization in Zimbabwe and spiraling poverty, there are many who still believe that the answer to the country’s woes is greater centralization of the economy. The truth is that Zimbabwe does not need greater centralization and the foundations of a solution to prosperity are not specific to deregulation, although economic liberty is a keystone to any developing economy. The answer to Zimbabwe’s problems lies in the guarantee of property rights.
