Greetings folks:
Recently I had a lot of dialogue with our great friend Ernie, regarding political and economics views. We had a lively dialogue, and I am now going to sum it up, as to what my thought processes are, in these subjects.
To summarize the below: I am one of a few things: Libertarian **leaning**. A pro-market centrist. A constitutionalist (remember, the Constitution wanted limited government. My, how we have deviated from this!). Or "Center-Libertarian". Or Classical-Liberal-Leaning. Take your pick. Labels are just a bunch of words, anyway; it's the substance behind the labels that matter. But those labels would most accurately describe my way of thinking.
Here is now the breakdown of that thinking. I used bullet points for easier navigation, and red highlights to bring home the most important points:
1). When it comes to the government, my way of thinking is: government has the same flawed human beings as society and markets as a whole. So, less government (without too little) is better. I.e. the smaller the government, the less chance of things like the following happening:
a). Corruption
b). Dictatorship/Tyranny
c). Government favoritism and backing, which unfairly favors some corporations over others.
d). Terrible amounts of debt and fiscal mismanagement in general
e). Fraud Waste and Abuse, the kind we waste millions - sorry billions- of dollars each year on.
So yes, I believe a smaller government, (not pea-sized small like most libertarians want - that's too extreme) has less chance of the above things happening. Not zero chance, but less chance.
Mind you, unlike anarchists and near-anarchist Libertarians: I respect some government. We absolutely DO need some government, but significantly smaller/more limited. What is in that smaller government, I leave to debate. For me, what should be in that smaller government is infrastructure/public works/sanitation, military, law and order, fire department, ambulance. Welfare in the form of a check, not some extensive Welfare Office. And a few other things. And that's it. Privatize all the rest.
All the above, adds up to a much smaller government than the one we have.
What's more, is that a smaller government means it's less costly to maintain - less taxes to have to pay.
On top of that, I propose a sales-only tax, or a tariff-only tax, or maybe the geo-libertarian take, a land-only tax. Make one of those the singular tax revenue for the country, instead of income tax. That way we keep the money we earn, we are rewarded for saving money instead of being taxed for it. And it may force people to assess their spending habits. Oh, the joy of eliminating or greatly reducing the IRS!!
2). This brings me to my attitude about the free market. I believe in customer-ism, or market-ism. This is where corporations and companies compete with each other, without any government backing or favoritism whatsoever. No tax breaks, no subsidies, no other favoritism of any kind from the government. In this system, success or failure is EARNED. i.e, We don't have government picking the winners and losers; it is the PEOPLE who decide which companies make it, and which don't.
Now you may ask yourself: what about the greed, the corruption, the bad angels of human nature, in the marketist/customerist model? Here is my answer:
The customerist/marketist model is far better at addressing the good and bad angels of human nature, than government. Here's why:
In the marketist/customerist model, if a company behaves in a corrupt way, or has bad ethics: customers, **ideally**, will see this, and leave the business. And then, this business will eventually go out of business.
On the flip side, if a company is doing great, because they treat their customers with care, because they have very good, non-corrupt practices, etc. - this company will succeed, and far outshine other companies. And it would be well deserved.
On the other hand, a "bad" company that has extensive government subsidies, tax breaks and other backing - these backings would keep this "bad" company existing longer than it should, thereby absolutely wrecking true market competition.
3). So we talked about what happens to a "bad" company in the marketist-customerist model. Ideally it would eventually go out of business. But a corrupt government on the other hand??? Any change for the better could take lifetimes. You see, government is much more of a monolithic Leviathan, it does not have the kind of competition that the market has. Government employees will earn a paycheck no matter what happens to society. So in reality, the government does not have nearly as much incentive as the free market to improve or lower it's corruption. So again, trying to make government, especially a corrupt or tyrannical one, better, could potentially take lifetimes.
4). Another advantage of the pro-marketism, small-government model I proposed: too much blame and praise goes to politicians for making society and economy better or worse. With a smaller government, we can now look at what SOCIETY is doing wrong. What are SOCIETY's attitudes that need to change for the better? The focus can be on that, rather than only on such a small subset of society; i.e., what government and politicians are doing wrong.
5). Now, our discussion further ensued, and another argument was very well brought up: well if we want to reduce corruption, reduce society as a whole. My answer would be: Society as a whole is too big, too boundary-less, for us to really grasp it as a whole. All we can do is make the best observations we can, and provide the best input we can, with the observational apparatus we have, which is undoubtedly limited compared to the vastness of society as a whole.
Now, government is a subset of society; it has the same flawed human beings as the free market does. But at least, government DOES have boundaries. So at the very least, we can reduce an entity like government, with boundaries we CAN see, unlike the vastness of society at large.
So all of my above points are why I much prefer a limited-government, pro-market society. Now, I am fully aware that I am speaking from a very idealist perspective; I know that no system is perfect. There will be unintended consequences to any political and economic model. I am perfectly aware of this. So I am sure you will find holes to shoot, in my arguments.
I hope you enjoyed this read - take it for what you think it is worth, that is up to you.
I wish all of you a happy holiday season,
Vik