Less Government = More Economic Freedom. (China v/s Somalia)

Discussion in 'Economics' started by Jai, Jun 22, 2012.

  1. Jai


    "I want the people of America to be able to work less for the government and more for themselves. I want them to have the rewards of their own industry. This is the chief meaning of freedom. Until we can reestablish a condition under which the earnings of the people can be kept by the people, we are bound to suffer a very severe and distinct curtailment of our liberty." - President Calvin Coolidge

    This thread will not particularly compare [between China (State-controlled Nation) and Somalia (Stateless Nation)] on all those 'generalized' and so-called modern developmental parameters like GDP, etc. but to specifically infuse in an economic idea of/on the structurally less Governmental control in the functioning of Economy.

    I empirically propose that the pastoral economy of Somalia is far better than that of Kenya's and Ethiopia who're controlled by State. AND we all have collectively observed that all these political and economic crisis are diligent works of the Government in order to hold and establish more power on our individuality. AND you all also know that the Old Men constituting of Governments take young ones to the tribulations. Government, in simple words, are legal thiefs who constitutionally rob of our freedom and pockets. Isn't taxation, a legal robbery?

    ''The Rule of Law without the State'' http://mises.org/daily/2701 From this link I suppose that it's in the interest of Somalians on befriending the intervention of bastard twins like UN/US. It's also in the interest of Somalians to develop and be a Cultural Relativist.

    "Anarchy in Somalia " http://mises.org/daily/5418/ The anarchic facet for Somalia is more prosperous than with the Statist feeling.

    China, State-controlled-Economy, is now the biggest sound in the Global Economy but are they too professional to play that Economics we expect? I suppose NO http://knowledge.wharton.upenn.edu/article.cfm?articleid=1948 'Other things being equal', I don't suppose that the regimization of Human Rights in China is developed and contented. China is more debtfool - Who knows what is the truth said by the Chinese Government?

    I got to say a thing about debt-oriented and war mongered USA too. In February, The Wall Street Journal's editorial page did an analysis of the federal government's debt that will be held by the public over the coming decade. When the Democrats took control of Congress in 2007, the debt held by the public was 36.2% of GDP. It rose to 40.2% the next year. This year it will be about 63.6%, next year 68.6%, then 77% of GDP in 2020. And the Obama administration's budget estimates 218% in 2050.

    To me, Government is the problem to our solutions. When the Government spends the Economy fucktions but when I spend the Economy functions.