The concept of free competition enforced by law is a grotesque contradiction in terms.
Ayn Rand
(1905 - 1982)
Source: Capitalism: The Unknown Ideal, Page: 52
The concept of free competition enforced by law is a grotesque contradiction in terms.
What is called economic progress is the joint effect of the activities of the three progressive groups—or classes—of the savers, the scientist-inventors, and the entrepreneurs, operating in a market economy as far as it is not sabotaged by the endeavors of the nonprogressive majority of the routinists and the public policies supported by them.
Every man aims at avoiding what causes him pain; the activities of government ultimately consist in the infliction of pain. All great achievements of mankind were the product of a spontaneous effort on the part of individuals; government substitutes coercion for voluntary action.
Democratic law does not say, "Thou shalt not kill". Instead, it designates certain people who have the right to kill -- soldiers and State police. Democratic law does not order, "Thou shalt not steal". It says that only certain people have the right to steal -- tax and customs agents. What does "power to the people" mean when the people enjoy fewer rights than their supposed servants?
A democracy is nothing more than mob rule, where fi fty-one percent of the people may take away the rights of the other forty-nine.
Government is not reason; it is not eloquence; it is force. Like fire, it is a dangerous servant and a fearful master.
At times some people use force or fraud to take from others without willful, voluntary consent. Normally, the initiation of force to take life is murder, to take liberty is slavery, and to take property is theft. It is the same whether these actions are done by one person acting alone, by the many acting against a few, or even by officials with fine hats and titles.
Having confidence in a free society is to focus on the process of discovery in the marketplace of values rather than to focus on some imposed vision or goal. Using governmental force to impose a vision on others is intellectual sloth and typically results in unintended, perverse consequences. Achieving the free society requires courage to think, to talk, and to act -- especially when it is easier to do nothing.
Separate money from politics and you find very little interest on public matters.
I look upon an increase of the power of the State with the greatest fear, because although while apparently doing good by minimizing exploitation, it does the greatest harm to mankind by destroying individuality, which lies at the root of all progress. We know of so many cases where men have adopted trusteeship, but none where the State has really lived for the poor.
Volumes can be and have been written about the issue of freedom versus dictatorship, but, in essence, it comes down to a single question: do you consider it moral to treat men as sacrificial animals and to rule them by physical force?
Freedom is independence of the compulsory will of another, and in so far as it tends to exist with the freedom of all according to a universal law, it is the one sole original inborn right belonging to every man in virtue of his humanity.
The argument for liberty is not an argument against organization, which is one of the most powerful tools human reason can employ, but an argument against all exclusive, privileged, monopolistic organization, against the use of coercion to prevent others from doing better.
It is indeed probable that more harm and misery have been caused by men determined to use coercion to stamp out a moral evil than by men intent on doing evil.
Political freedom means the absence of coercion of a man by his fellow men.
Economics is not politics. One is a science, concerned with the immutable and constant laws of nature that determine the production and distribution of wealth; the other is the art of ruling.
The Welfare State is in fact an oligarchy of bureaucrats who, in return for the perquisites and prestige of office, undertake to confiscate and redistribute production according to formulae of their own imagination, with utter disregard of the principle that production must fall in the amount of the confiscation. It is interesting to note that all welfarism starts with a program of distribution — control of the market place with its price technique — and ends up with attempts to manage production; that is because, contrary to their expectations, the laws of economics are not suspended by their political interference, prices do not respond to their dicta, and in an effort to make their preconceived notions work they apply themselves to production, and there too they fail.
