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The Triumph of Technology over Government Planning

The Triumph of Technology over Government Planning

2011-05-11
Source: Mises.org


The egalitarian belief that people must be identical throughout society is wrong. Those life forms that are most alike are the lowest life forms. Man, the highest form of life, displays the most diversity and the widest individual differences. A legitimate political and economic system must be firmly based on human nature. A society of free and responsible individuals includes a diversity of tastes, values, desires, and visions of happiness.

People should have the maximum chance to select their own way of life (within the constraints of resource scarcity) according to each person's structure of desires, and without value judgments regarding the decisions made by each individual, as long as the individual does not encroach on the freedom of others to make their own life choices.

Today, our freedoms are invaded by external government controls. The less economic policy, the better. We must reduce as much as possible the weight of the state and increase the jurisdiction of the market. It is not regulation but individual action, private-property rights, competition, and fluctuating prices that force adaptation to changing conditions and that promote efficient resource utilization.





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