POLITICAL: We don’t have “private industry”; we have witch’s brew of a mix

ORIGINAL POST

FJohn Reinke

“With the Gulf oil leak: the state was revealed, once again, as utterly incompetent at anything but taxing and making war, that is, stealing and murdering. It was funny to hear Progs urging Obama to seize personal control and fix everything. He doesn’t want the political responsibility, of course, but in any event, the… state employs no one with any such ability, and if it did, he would soon be useless, thanks to the environment of public property. All the state can do is grab other people’s money and use some of it to hire favored private contractors. Virtually all its millions of uncivil servants are good only at being busybodies, and armed ones at that.”

Sadly all too true!

>One Lesson of the Gulf « LewRockwell.com Blog http://www.lewrockwell.com
>With the Gulf oil leak: the state was revealed, once again, as utterly incompetent at anything but taxing and
>making war, that is, stealing and murdering. It was funny to hear Progs urging Obama to seize personal
>control and fix everything. …

RELOCATING A COMMENT

*** begin quote ***

I am offended!! Some of us are highly skilled workers (not me of course, but there are some) who are not only competent, but very, very smart (again clearly not me). Policy makers and political appointees are typically the poor performers because they have no subject matter expertise and if they do it is outdated since See Morethey probably haven’t had … See Morereal world, boots on the ground experience in a long time. This is a very clear failure on the part of private industry, which as a dedicated libertarian (unlike Rand Paul who was a poster child until he stepped on his you know what) is who you want running the world. BP wanted the lead and they dropped the ball- now everyone wants the gov’t to clean it up. Can’t have it both ways- either private industry is capable or they need oversight.

*** end quote ***

>I am offended!!

GOOD! If we can get folks’ Irish up, maybe, just maybe, we can change the “barbara streisand”!

>Some of us are highly skilled workers

I think we have “workers” that highly skilled. Even for the Gooferment!

The workers, (even you), are NOT bad people.

It’s just that “the ladder is leaning against the wrong wall”. Like the drunk looking for lost keys under the street light as opposed to looking by the storied “dark by the front door where those keys were lost”. It’s that 100,000 foot plan that is wrong.

You can put the best workers on the job, but the problem is that the “job” is completely wrong!

Argh!

>Policy makers and political appointees are typically the poor
>performers because they have no subject matter expertise

I disagree. They get poor results because they are working but have started with a poor meme (i.e., gooferment force) and have poor paradigms (i.e., centralized command and control systems don’t have the price and market mechanisms to guide them in decisions).

Reference: http://mises.org/etexts/mises/bureaucracy/section2.asp

Bureaucracy by Ludwig von Mises (1944): Section 2 Bureaucracy

“Bureaucratic management is the method applied in the conduct of administrative affairs the result of which has no cash value on the market. Remember: we do not say that a successful handling of public affairs has no value, but that it has no price on the market, that its value cannot be realized in a market transaction and consequently cannot be expressed in terms of money.”

An entrepreneur has profit and loss to guide decision making. A bureaucrat doesn’t have that. So decisions are “political”; not profit seeking. The cost of capital, the business risks, and the size of reward are all available for the entrepreneur to guide, measure, revise, and quit.

>This is a very clear failure on the part of private industry

Unfortunately, the “private industry” had willing unindicted co-conspirators in: both political parties, Congress, States, various Administrations, and the main stream media. Campaign contributions, regulatory capture, and incompetent gooferment all loom large in this disaster. I read that the gooferment had a plan for a spill, but never bothered to buy the booms needed for the plans. SINCE 1968! ROFL!

We don’t have “private industry”. We have a gooferment – big company – big labor paradox.

>which as a dedicated libertarian

Will reject your assumption that we have “private industry”!

>(unlike Rand Paul who was a poster child until he
>stepped on his you know what)

I think he was attempting to make a very valid point. The reason we needed a “Civil Rights Act” at all was that governments were forcing segregation.

Take look into the famous Rosa Parks and bus story. You’ll find that there was no segregation on the buses run by greedy businessmen who wanted all fares regardless of color. The Legislatures voted in a law about “back of the bus”. And the bus owners lobbied AGAINST it. (ROFL, yes those evil capitalists!)

What he was trying to say was that the law should not have applied to private property. Gooferment property, access, and such is a fine target.

I think what everyone needs to understand that the marketplace is a real-time ongoing election. You vote with your dollars. If there’s a racist business, then they will be at a competitive disadvantage. There competitors will eat their lunch. So the marketplace will “fix” the problem.

>Can’t have it both ways- either private industry is capable
>or they need oversight.

But we don’t have that either or. We have a muddle. With payoffs and a wink’n’nod!

>

Don’t forget that the “limited liability corporation” is a creation of the Gooferment!

For other examples, look at the FDA / Big Pharma. Look at Big Education and all levels of gooferment, politicians, and bureaucracy.

>

Don’t poke sticks in the little L libertarian’s cage! It’s not productive, doesn’t change anything, and annoys the Libertarian.

:)

# # # # #

Comments are closed.

Follow

Get every new post delivered to your Inbox.

Join 1,070 other followers

%d bloggers like this: