The self-correcting nature of business (even if it's still sub-optimal) to me seems somewhat preferable to the nature of government which is to grind on -- successful or not -- until people are so fed up with them that something has to change.
Er, but the self-correcting nature of business is simply the result of the fact that the nature of business is to grind on -- successful or not -- until people are so fed up with it that it is forced to change.
It is no different than government in that respect.
Yes, that's true. But there are automatic shutdown provisions inherent in business like bankruptcy. The government that controls the money supply can never really go bankrupt, and even one which doesn't (like those in Europe) still tend not to go bankrupt as they can levy higher taxes, at least up until the point at which there is a revolution.
Businesses start and fail all the time and none of it requires guns or marches or any of that. Which is to say that it's largely peaceful. Something that I'm ardently in favor of.
Comments
Er, but the self-correcting nature of business is simply the result of the fact that the nature of business is to grind on -- successful or not -- until people are so fed up with it that it is forced to change.
It is no different than government in that respect.
Yes, that's true. But there are automatic shutdown provisions inherent in business like bankruptcy. The government that controls the money supply can never really go bankrupt, and even one which doesn't (like those in Europe) still tend not to go bankrupt as they can levy higher taxes, at least up until the point at which there is a revolution.
Businesses start and fail all the time and none of it requires guns or marches or any of that. Which is to say that it's largely peaceful. Something that I'm ardently in favor of.