Politicians often operate according to the motto: never let a good crisis pass in order to expand the power we have achieved together. We are experiencing the massive expansion of state bureaucracy and interventionism with state quotas beyond 50% and outrageous taxation of individuals that can only be described as a raid on our coffers.
Increasingly socialist interventionism in Western democracies and economies is breeding the so-called political entrepreneur, the subsidy recipient at a higher level, who develops his expertise in sucking public money, i.e. our purchasing power.
Without wanting to be moralistic, which is the strength of the Germans these days (and I am one, but without running the risk of falling into this trap): every entrepreneur who accepts a subsidy is a welfare recipient!
Flanked by infantile climate apocalyptic narratives, the pseudo-economics of Keynesianism, these vampires of the economy are up to their mischief. And with the large-scale program of the Green Deal, a pseudo growth of the GdP, this brigade of vampires is given sufficient room to operate.
The accelerated decline of our economy is not least also their work, as they misallocate scarce resources to their own advantage with extreme effort and surprising creativity that would otherwise be denied them in life. They tie the forces that are indispensable for growth and prosperity to their state-sponsored subsidy charging stations.
We need to find our way back to free economics, the private formation of capital, free contract design and push back the state in every conceivable way.
Any progress we enjoy today, be it quantitative or qualitative, its better production conditions, more social surroundings, cleaner environmental conditions, we owe exclusively to the disappearing ever-shrinking residue of the free economy that the political caste of central planners still allows us.
I like Tesla but they would’ve went bankrupt long ago if it wasn’t for subsidies
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154 sats \ 0 replies \ @TomK OP 9 Oct
True. EVs are a disaster (as a market niche)
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Don’t forget the corn and soybeans farmers who get massive subsidies! Remember when Trump bailed them out due to the Chinese tariffs
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It's tricky, because the profit and loss signals are all screwed up by state intervention, so even honest entrepreneurs will come to resemble these intentionally cynical social welfare entrepreneurs.
It occurs to me that this will be an advantage of the bitcoin circular economy, at least until the state begins offering bitcoin subsidies. Obviously, arbitrage with the fiat system will prevent fully market based prices, but bitcoin prices will have a layer of insulation.
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As long as the government ever does anything with money they have acquired, one-way-or-another, there will be huge distortions in markets and human actions. The money government acquires is only ill-gotten gains. THEY only use us to harvest our life essence (since money represents life’s time, it is the equivalent to stealing life [otherwise known as murder]). I have a low opinion of government and the state, please go ahead and try to change my mind.
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You're barking up the wrong tree.
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In what way am I barking up the wrong tree? I think there is too much evidence of this in the world, today.
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Because I'm not inclined to try to change your mind about that.
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OK, I can understand that.
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Every time they open their mouth, you know a lie is being spoken.
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Yep, lots of rentiers out there. I think that people that take government money handouts and any entity getting subsidies (and their employees) should not be allowed to vote. Only people, who are citizens, putting skin into the game should be allowed to vote. Then there might be more common sense (less) governing being done. If you think this is wrong, please change my mind.
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