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Today will run through 2 different areas where the free market is trying to fix up a disaster created by government intervention.
The first is the postal service. We all know that Fed Ex or UPS does a far more efficient job than the US Postal Service. Even more exciting, if the USPS was sold off, it may introduce a third private solution to mail and package delivery, introducing more competition and driving prices even lower.
We all understand how this industry works, so I wont discuss it too much other than to say it is an interesting observation at just how long these "replaced" and inefficient institutions linger sucking resources from the economy even after they are replaced.
Any business would have shut its doors years ago, but if you are spending other peoples' money to keep this inefficient industry afloat, there is no need to shut it down.
In fact, a congress person can get a few cheap votes by campaigning to keep the employees of this inefficient industry employed at the expense of everyone else. This is so common in politics because the postal worker may change their vote, based on keeping their job or not, but the millions of taxpayers will not notice the couple of dollars missing from their paycheck at the end of the year.
Here is one congress woman banking on that exact strategy. This is her argument for why money should be taken from everyone to keep this one particular inefficient branch open.
{Insert video 1}
It is even better if you can steal money from people not in your district and give it to people in your district who get to vote for you.
But what is a couple of dollars out of each of our pocket, you ask? Well apart from being a blatant theft, and immoral, this one incident by itself is not society destroying you, right?
The problem occurs when millions of so these little thefts are stacked on top of each other. Once the principle is granted, there is no going back. If it was worth being immoral for these 700 people, then why not the next 700? After all, they need their money too and they contributed to these 700 so really society owes them.
It is this perversion of logic that cripples socialist societies as money flows to those who have political power instead of those who provide value.
In a free market or voluntary society, the only socially acceptable way to become wealthy is to provide value to the community so that they voluntarily give you money in exchange for your product or service. This is both moral and great for society as every transaction is win-win for both parties.
However, in a society where a gargantuan government has the socially accepted right to take your money by force... and it is force by the way... Some
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This one is for the Ancaps. Deep discussion on how a free society might work. Who will make the laws.
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This is a case stud of Michael Prysner.A victim of indoctrination.
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Do you want to know has altcoin season started? Should you buy altcoin versus bitcoin right now? This video will tell you has altcoin season started right now.
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Willy Woo recently made a statement on twitter about "selling 42 million" Bitcoin and that has left many people wondering what he's talking about. Max Wright is here to not only break down what Willy Woo said , but also to show you why he is 100% correct.
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Peter Schiff predicts a ROUGH 2022 for the Dollar....
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This video covers:
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