
Voting for communists because you’re poor is roughly akin to throwing virgins into a volcanic caldera to stop an eruption.
But then so are most of the things governments think they can do to improve the economy, from printing more money or less money, raising or dropping interest rates, regulating several aspects of the economy, or just about anything else.
I mean, all of those do something. They just rarely do what the government thinks its doing/wants them to do.
Sure, printing more money should bring about inflation, and sometimes, some governments use inflation to inflate away governmental debt. The problem is that sometimes as you know and have learned, a currency becomes — for reasons inexplicable except other economies suck more than ours — the world’s reserve. And then you print money and it goes into mattresses, drawers and someone’s socks overseas. Which means the inflation will not climb as you expect. Alternately, it will climb when people decide to get rid of your currency and you’ll never know how to control that.
Then there’s the interest rate game. It goes up, it goes down, and every time it does — unless the augur reads the signs very carefully and performs the traditional rituals… er…. I mean, unless the person deciding reads the signs very well — it breaks something different. Or say, truly outrageous violations of free humans ability to enter contracts like the minimum wage. Most of all it seems to be capable of distorting the employment market by making young and inexperienced people unemployable. Which in turn eventually makes middle aged and inexperienced people unemployable and swells the ranks of welfare….
Look, the truth is that economics is brutally simple: things are worth what someone is willing to pay for them. And among the things that are worth what people are willing to pay for them, is human labor as well as all the things labor creates. How do you know someone is willing to pay that price? Well, someone pays that price. How do you know who is willing to pay that price? You offer it for sale, and if you can get the right person to know it exists, he/she/critter pays for it. This is almost tragically simple in theory and in the individual case. (Why tragically? Well, I’m still trying to figure out how to tell people my product exists.) BUT it becomes unholy complicated when you multiply it by the number of people in the world, their moods and needs on any given day, etc. etc. ad nauseum. Or even the number of people in a country. Or a city. Or–
All of which brings us to the simple fact that the only thing government can do for the economy is to cut down on regulations and interference and get out of the way.
The free market, as rarely as it’s tried, always improves human life. In fact it creates near-magical prosperity, no matter how bad the odds.
Because it lets the people with the thing to sell — however imperfectly — make contact with the people who will pay to buy it with minimal interference.
Everything else a government can or does do just amounts to creating deviations and unnatural decisions in the economy. I.e. what the government does has some effect, but it is not the effect they think it will have.
Which is why communism is the worst of all systems, because it thinks it can “scientifically” and “top down” control all of economy from production to consumption.
And all it does, over and over again, is throw virgins in volcanos to stop the lava flow.
Only the promised wonderland of free stuff never arrives.
And you end up tragically short on virgins. And everything else, as well.







































































































































