Peronal and Economic Liberty Requires Control of Property and the Right to Enjoy the Fruits of Our Labor
True economic liberty requires control over our own property and a right to the fruits of our labor.
Unfortunately our government today has regulated and controlled businesses to the point were they actually inhibit the full potential of the free-market economy.
If there is anyone in government today that truly understands economic principles it’s Congressman Ron Paul.
In a speech in New Hampshire he pointed out that Peace and Prosperity are not possible, to the fullest, when the Government acts as a Nanny Sate, thinking they are only doing what’s best for the people.
Watch the video: Ron Paul on Economic Principles:
When Government gets involved in distribution of wealth many believe that they are doing what’s best for society. While this may benefit some people, in the long term it has been proven to be destructive to society and the individuals that are relying on government handouts. The actions lead to the destruction of liberty.
Government can never know what’s best for each individual. The only person that knows what’s best for me is me and the person that knows what’s best for you is you. The greatest thing we’ve been given of God is agency. When government, groups or individuals begin to regulate the lives of others it can lead to a destructive pattern of reliance on others, rather than self-reliance.
I am not saying we shouldn’t help the poor, and do good unto others. We should. But we must be careful that the element of FORCE is not in play. We must all have the liberty and choose to help, or not to help, others.
Consider a quote by Ayn Rand:
“…there are, in fact, no “economic rights,” no “collective rights,” no “public-interest rights.” The term “individual rights” is a redundancy: there is no other kind of rights and no one else to possess them. [“Man’s Rights,” from Capitalism: The Unknown Ideal by Ayn Rand. 1963]
Regarding the principles of economics and individual economic liberty. We are most prosperous when allowed to “Buy and Sell, Try and Fail!”.
