My aim for Laissez Faire Links is to bring you information and commentary concerning free market issues. Some of those issues such as the implementation of Obamacare will have a wide discussion base around the web already, but others will not. The common thread here is that free markets facilitate free minds, and free minds are the only perpetual mover of markets themselves.
Liberty versus Government
The primary theme in Laissez Faire Links is that liberty is necessary for any individual and, consequently, government intervention is counter-intuitive to a free society. First, the individual and liberty are not mutually exclusive; the individual necessitates liberty. Without freedom the individual cannot produce, and since production is, according to Ayn Rand, the act of self-preservation (a view I strongly support), the lack of liberty is the lack of ability to produce the necessities of one’s life. When the government interferes with the lives of citizens, it hijack the right to life itself.
My Moral Right
These two forces, liberty and government intervention, are largely polar opposites that represent a tug-of-war battle over freedom. They are very much moral issues, and I will present them as such in Laissez Faire Links. My belief is simply that my moral right to live as I see fit trumps the government’s claim to take my wealth for the sake of another. And this view is the essential premise in Rand’s argument for man’s moral right to his own life. It is this premise that our government is turning on its head. We are trading freedom for a perceived security without realizing that the best security a person can provide for himself and his family is his own productivity.
Judgment is the glue that binds the individual to his moral right to live. It is critical because it presupposes the only fundamental behavior common to all human beings, and demanded of all free citizens—thought. Judgment is the use of reason and intellect, to call out cause and effect, and to derive from it a solution to any perceived problem. A lack of judgment implies many things, all of which are contrary to liberty. The American model of liberty was founded on the principle of judgment—the people’s ability to perceive their government and their fellow citizens. Judgment, then, is simply holding people, corporations, even entire institutions, accountable for their decisions and the actions taken from such decisions. It is the final failsafe to a free nation. It is simply a systematic way of reflecting on one’s happiness, nothing more.
Sustainability is also important. When judging the merits of government, we need ask ourselves two questions. Is government intervention in any given situation feasible and, if so, is it desirable? Of course, the answer is no on both accounts. The government portrays itself as a much-needed safety net without which many would quickly fall into poverty and starvation. Consequently, government intervention is now the status quo. The welfare state is perhaps the biggest example, and building a future based on the maxim “from each according to his needs” is neither feasible because it saps energy from innovators and capital from the markets, nor desirable because the government, unlike the banking and auto industries cannot bail itself out. In other words, the United States government is not “too big to fail.”