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Free Market Morons

October 3, 2015

RE: http://www.thedailybell.com/editorials/36557/Richard-Ebeling-Crony-Capitalism-the-Cause-of-Societys-Problems/

Real Free Markets Mean Privileges for None

“If what we have today is what is widely referred to as “crony capitalism,” then how might we define and explain what a truly free-market capitalism would be like? Let me suggest that the following seven points capture the essence of a real free economy:”

(Actual definition:

1 :  the management of household or private affairs and especially expenses

2

a :  thrifty and efficient use of material resources :  frugality in expenditures; also :  an instance or a means of economizing :  saving

b :  efficient and concise use of nonmaterial resources (as effort, language, or motion)

3

a :  the arrangement or mode of operation of something :  organization

b :  a system especially of interaction and exchange <an economy of information>

4

:  the structure or conditions of economic life in a country, area, or period; also :  an economic system)

— Clearly he does not understand the definition of the word. “efficiency, frugality, and savings” have NOTHING to do with the market system. According to market values, scarcity creates profit, and artificial scarcity through waste, fraud and abuse is the favorite mechanism to achieve such ends.

To say that private bank notes are a sufficient exchange for goods and services is fallacious when you take into account that the value of paper money is always increasing or more often than not, decreasing. Your return on investment depends on when you spend the money. And artificial inflation or deflation of currency robs you of a fair, and equitable return on investment, UNLESS you are in a position to spend the money before it is devalued in the marketplace. This is a privilege of and for the privileged, and works against the rest of the consumers and customers of the marketplace.

To say that government and the market in collusion are “thrifty and efficient” is an oxymoron. Anybody familiar with “cost plus” government contractors knows that instead of buying a $5 oil filter in Iraq, the contractor blows up the million dollar truck, and gets their rate PLUS the cost of another truck on the taxpayers balance sheet. There cannot be a free market when there can be such public/private partnerships, colluding to defraud the taxpayer. And this is just one example of this “free market” based principle. Today both parties think compromise is instead of cutting a program, expanding it, and raising its cost and it’s budget at direct expense to the taxpayer. This is called “efficiency in government,” but clearly is nothing of the sort.

“All means of production (land, resources, capital) are privately owned;”

This means that the government can give, lease, or sell public property outright, and grant it to private hands. This means that the people’s property can be restricted, cultivated, exploited and destroyed, for private profit, with NO obligation to remedy the consequences of its destruction. This can mean land, air, water, businesses, what have you. And no matter what the detrimental effect of their mismanagement brings unto the people, the property owner has no responsibility, and can even lobby congress to give them exemptions from legal accountability, and even have the people be forced to pay them for the lost profits of their own mismanagement. Think of it as “cost plus” for the fat cats here at home…

Even the means of exchange is property, and issued, and created, injected into,  and seized out of the marketplace, by the whims and artificial aims of the property owners, in this case the Federal Reserve Bank. Yes Ron/Rand Paltards, the free market you hold as gospel, DEPENDS on the FEDERAL RESERVE as an essential mechanism of the free market you exalt and wish to impose upon every free man on the land, literally across the WORLD! You can’t shit on the Fed, without crapping in your plate on the dinner table. Hey, don’t look at me, it’s your ideology NOT mine!

“The use of the means of production is under the control of private owners who may be individuals or corporate entities;”

Be it a rich man, or a corporation, only they get to decide how to cultivate and restrict access to such property and resources. Even if the resources in question are vital to the pubic good, such as a waterway, a forest, a farm, a public utility, you name it. The people have no say, except to be made to pay for the service, and pay for the cost if the service is depleted, as well as the cost of looking for another means to replace the depleted service. Usually by offering more tax and legal exemptions, in order to invite the next rich person or corporation to exploit their resources, and demand of such resources, for elevated profit(s). Do you see how this is an inverted welfare for the rich scheme on the backs of the poor… yet?

“Consumer demands determine how the means of production will be used;”

This is laughable. Given the advertising, and campaign contributions bringing the policymakers into the pocket of the corporations or fat cats, it is they who get to define and dictate terms to the people… NOT the other way around! To say that demagoguery, and habitual lying in the form of advertising represents consumer demand, is to ignore how scientifically demand has been influenced and perverted to promote consumerism for profit, in direct opposition to efficient resource management… The people had NO say, they were influenced to prefer one product and corporate interest vs. the other…

“Competitive forces of supply and demand determine the prices of consumer goods and the various factors of production including wages of workers;”

Again externalities influence consumer attitudes and values, not the will of the people themselves. As for the market, collusion between government and corporations relax and constrict trade laws, and inhibit the free form of trade and true competition. If you can lobby and regulate your completion and get exemptions for yourself from such same legislation that is anti-free market.

Let alone you are not allowed to use actual money to purchase such goods and services. Only debt notes, which is the antithesis of money. It has no value. And is regulated on the whim of a private banking cartel’s desire to generate profits and collect private and public property. Prices can be artificially inflated or deflated, along with the currency. This takes democracy away from the people, and replaces it with stimulus to create a buying frenzy or an inability to buy anything, due to not need, but the inefficiency of the currency. Or means of exchange.

The profit margin, and the need to have higher earnings to create artificial value leads to wages being cut, not increased, even in the face of record worker productivity. And in some cases leads to jobs being terminated for skilled workers, in favor of unskilled (read cheaper ) workers. Which leads to inferior products, that are thrown into the marketplace, with the consumer seeking far and wide to find a more quality product, among the deluge of inferior cheap goods and services in the marketplace. The market does not benefit the consumer, it forces the consumer to accept what is left for them. This again, is anti-choice.

“The success or failure of individual and corporate enterprises is determined by the profits and losses these enterprises earn in free competition with their rivals in the market place;”

Again profit alone is the determining factor. Not quality, durability or usefulness of the product or service, only how many people purchase or use it, even in absence of any competition or choice.

“The free market is not confined to domestic transactions, and includes freedom of international trade;”

This is essential to finding new markets for inferior products nobody will buy in one market, it also allows for a race to the bottom in worker conditions, and human rights, as the need for fast and efficient means of production, stand in contradiction to the time to create a durable, useful product in demand, rather than an inferior product they have to spend money on creating demand for…

In order to stay competitive the workers have to cost less to their employer, work faster and harder, and produce more inferior products that may go unwanted and stay in the inventory, til they are disposed of, and the resources contained within them, destroyed, to maintain their scarcity and relative value, to raise the cost of production… which again is transferred to the consumer…

“Government is limited in its activities to the enforcement and protection of life, liberty and honestly acquired property against violence and fraud.”

This is utter Bullshit on Steroids! Basically this is nothing more than asserting that the government’s role is to make sure the agreements and contracts are enforced, and that the courts are favorable to the corporations and their profits, and that of the wealth class, in allowing them to be retained by the corporations and wealth class, and protected from the demands of the people.

Existing tax breaks and exemptions must be protected and further expansions of such laws to concentrate wealth in the hands of the few at the expense of the many… IS the only function of law and government.

Once again those who own property have rights to be protected and enforced, against those who do not own property, and have only temporary privileges so long as they pay the property owners, their due and dues.

And you have got to love the “honestly acquired property” when the government can orchestrate the selling of such property through artificial evaluations, retroactive tax schemes, and even reserves the right to seize property, even fully owned from the people, and give it to corporations or the wealth class.. Again the author of this piece here, steeped in ideology is no more than outright lying…

“In a real free market, there is no place for politicians to offer privileges and favors, because there are none to sell. There is no motive or gain for special interest groups to spend huge sums of money in campaign contributions or lobbying expenses, because political benefits for some at others’ expense cannot be bought.”

This assumes there is no collusion between a corporation or wealthy individual, and a policymaker. This is hilarious on it’s face, and insulting at it’s worst. Wealthy people benefit from influencing lawmakers. If not directly then indirectly. They can contribute financially (i.e. bribe), they can fund think tanks to write policy papers, to become laws, they can advise policymakers for their influence, and if nothing else can endorse, advocate and defend polices from policymakers that benefit their particular interests.

Quite simply if you couldn’t by influence, we wouldn’t have had the first BILLION dollar Presidential election in 2008, followed by the 2nd in 2012. They don’t give the money without demanding access and to pressure the policymakers for a return on their investment, the candidates themselves. To say in a free market nobody can be bought, is a misnomer… In a free market EVERYTHING has a price!

“Wasteful and corrupting “partnerships” between government and business enterprises cannot occur because political authority is restrained from any task other than the securing of each individual’s right to his life, liberty and peacefully acquired property.”

Again there is no right to life, when the government and pharmaceutical companies buy, sell and trade human fetal parts for stem cells to create new drugs  and bring them to market. There is no respect for life when life saving drugs and medical procedures are delayed until the patient dies, or denied because those without coverage or “the right coverage” cannot have access to them, in order for them to become financial instruments to create profits, instead of tools to heal the sick, and keep people alive.

In no way do the people have liberty when they have to submit to labor for employment, have to alter their lifestyle at the cost of their liberty in order to have certain privileges. Where disobedience at any time can see such privileges  revoked.

Nor is there any respect for anyone’s life, liberty or property, even if they own it outright, if they do not or cannot pay their income taxes,  their property taxes, or any other mandate put upon them by the federal, state, and local government, for the benefit of the corporations and the wealthy.

There is no escaping the fact that every right the government has, every right the wealthy have, come at the expense of everybody else’s. The liberties they take, come directly from your personal liberty. There is simply no other source to be found. Every freedom and privilege they have, by virtue of their wealth buying them exemptions, and immunities from the laws, and constraints that exist for the rest of us, comes at our direct expense. And as the tide turns, the more freedom and liberty they have, the more We, The People, do not! This is the structure and ultimate design of the market system. Which is nothing more than a return to feudalism. Turning the people into useful vassals, and then into serfs the minute they are no longer useful, or cannot be deemed useful, from the moment they in fact, exist.

“As Ludwig von Mises said, the political and economic crises through which the world suffers is not the crisis or failure of the free market. No, it is the crisis and failure of the interventionist-welfare state, and its anti-free market capitalist ideology.”

Here Mises throws out more diatribes, based in self-interest and personal ideology, that the author is selling to you, for you to adopt. And in effect condemn yourself, and the rest of us, for his aims. Corporate welfare, wealth class using their wealth to write laws, and enforce or negate other laws to serve them at the direct expense of the people, is nothing defensible or righteous by any sense or imagination. This is nothing but the argument of despotism, and fascism, and rallying the troops to condemn the victims of this ideology, for the promise of a cut of the spoils from their ill-gotten gains. That they could not steal otherwise from the people… and then dare to have the gall to blame the people, the very victims of this system, for it existing in the 1st place, since they have not risen up to oppose it or replace it, let alone, have been robbed of the resources to do such, from these very same advocates and allies of this naked theft, and deconstruction of free will of man, into one who’s only purpose is to serve a master, at a time, place, and manner the master or feudal lord chooses for him. And when he has been used up, he is left to find a new master, or just wait to die, without harming the master, the master’s property, or the master’s slaves, which also are the master’s property.

Is this not the argument for a return to feudalist society? Where people will be born and expected to do their master’s bidding, and are discarded when they do not, or cannot, and then be left to die in need and agony, so that the existing social and political order can be preserved?

This is not only what America has become, but is the design of the demagogues for all the world. A post industrial, feudal age. Where they enjoy the land and the blessings of science and technology, while the rest exist to serve them, run the machines, take our pittance so long as we offer our labor and fealty in return, and exist to be an obedient serf and good worker for the omnipotent world state. Our God being money, our value to be our usefulness for their aims, and our right to exist be contingent on how much we say the right things, do the right things, and produce what is desired and how often it is desired. And when the resources have been depleted and we can no longer “earn our keep,” we will be left to disappear.  Better to die quickly, than to use too much of the precious resources that belong only to the most precious among us.

If this is the endgame and obliteration of mankind, for the betterment of man, the individual singular, elite man of our age, count me out. I do not consent, I will not consent, I will not comply, I will not be a tool and willing servant to create the mechanisms of my own demise. If you want to do such, you can do it yourself. You will have to find me. And you will have to eliminate me. I am nothing to you. And I would rather not exist than be anything useful for you. Leave me in peace, or expect resistance. And when you run out of money and resources, it will be you forced to experience the same fate. You wanted life to be defined by resources… Well the sooner they are depleted, the sooner you will not exist. You chose my fate. But forgot, in doing so, you chose your own.

So be it.

“Judgement cometh, and that Right Soon!”

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