Morality Comes From Government?
Government tries to dictate morality and fails miserably. The free market does not try to dictate morality, but incidentally does successfully!
Let me give example: through the free market credit rating system, you must achieve a good credit rating to achieve certain interactions (buying a car etc..). This system rewards us for being honorable and honoring our debts. The more honorable a person you are with those you interact with, the cheaper things become for you. You can even see your report for free. It may say, because you did not honor your agreement here and here, your rating is lowered by this much. It tells you, fulfill your agreements here and here and your rating will improve this much and then your future interactions will have more options and cost less.
The government on the other hand with things like "community reinvestment act" or the fed printing money forces banks to Loan to the less honorable and higher risk. Making all of us bear the cost of people without honor getting money they won't repay. It creates immorality! It rewards those who have not Lived up to their agreements.
It does this under the guise of "it needs to overcome racism" and other non-truths.
The fact is that minorities default at the same rates as whites, proving that banks take the same amount of risk on minorities as they do whites.
Government brings us immorality by force!
Government says don't counterfeit, then Counterfeits itself. Government says you can't gamble because it is immoral, but then holds a monopoly on gambling with the lottery. Government says you can't steal, it's immoral, then steals 50 perce...nt of your pay at gunpoint.
The market on the other hand says: serve your fellow man with your labor and you shall be rewarded. Serve your fellow man by creating something he wants or inventing something to make his life easier and better, and you shall be rewarded with profit. Take personal risk by starting a company and serving your fellow man, and if you indeed serve him, you shall be rewarded.
Freedom and free markets bring morality to as naturally.
Freedom, Liberty, it's always the answer!
Well-explained Howard. You are right, the government can not dictate the morality of the people; in fact, when the government gets involved it worsens our morality. I've seen it in business for quite some time now. Most people in America who enter the business world as an entrepreneur are caught off guard when they find out how involved in politics the top business people are. And when I say "involved in politics", I'm meaning it in a negative way. Right now Warren Buffett, somebody who I thought of as a hero at one point in my life, is advocating for the increase of taxation on the rich in order to increase his influence in with government officials. Although he states that he is a believer in capitalism, his actions right now are contradicting the idea of free market capitalism in America. Ayn Rand explained this scenario very well in her book Atlas Shrugged. Many of the wealthy characters in her book became believers in government tyranny because they thought that it was in their own benefit. Long-term though, government tyranny is terrible for everybody and it will eventually lead to the demise of any group of people that loses its grip on defending individual liberties. We need individuals to take the Constitution seriously, rather than as a government blueprint (this is what Mitt Romney calls it). If we want to have our individual liberties, we must do it through the United State's Constitution and then shortly the morality of the American people will be so great that every country in the world will want to emulate us.
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