Someone just tried to link to my blog from a post that asked the following (I won’t link back):

Why is big business considered evil by the left but big government is considered wonderful?

Big business produces a product, creates job and creates wealth. Big government creates large inefficient agencies, gobbles up wealth, creates waste and is corrupt. Big business needs to be watched and when found corrupt the corrupt need to go to jail. Small business is just as corrupt as big business. It just doesn’t make the national news.

So why is big business demonized by the left but big government loved? Our founding fathers didn’t trust government at all so why does the left love it?

I’m often amazed by the things that grown adults believe, finding myself exclaiming “really? you believe that?”, and this would be a perfect example of such an instance. First, the argument is clearly a straw man. No one, as far as I can tell, likes inefficient, wasteful, and corrupt government; so I’ll set this false dilemma aside. Second, government doesn’t “gobble up wealth”, but devours concentrations of wealth in the hands of a few, preventing the formation of oligarchies, plutocracies, and the rise of fascisms (did any of you guys notice that fascism arose in times of tremendous economic turmoil produced as a result of unregulated markets like we witness today?). The real jaw dropper is this person’s proposals about the benefits of big business: Big business creates products, jobs, and wealth. How can anyone who has watched the last fifty plus years of deregulation believe this? What fantasy world are they living in? Under deregulation we’ve seen the massive disappearance of jobs as they’re shipped elsewhere where production is far cheaper (meaning that it is of little help to either the people who take over those jobs nor, obviously, to those that lose them). In the United States we have seen massive wage stagnation for decades. We have also seen a significant growth in unemployment. We have also seen a massive concentration of wealth in the hands of a few. Finally, we have witnessed recurrent unstable markets that endlessly go through boom and bust cycles. All of these phenomena are a direct consequence of “pro-business” policies premised on the idea of trickle down economics where it is assumed that deregulation, lower taxes, etc., will produce jobs and wealth for all. The exact opposite is true. How anyone can continue to believe this nonsense is beyond me. I can only conclude that people who believe such things are either a) monumentally stupid and uninformed, b) evil and lying about the truth to promote their own self-interest, or c) possessed of a head so far up their ass as a result of being filled by ideology that they can’t see the true national and international result of these policies (hey guys, have you noticed these austerity measures across the world lately? did you wonder if that had something to do with tax cuts and failing markets?). I guess there’s a fourth possibility: The people who believe such things are actually doing well and thereby say, as Joseph Goodson might put it, “I got mine suckas, the rest of you can go to hell!” We don’t “hate” big business but merely want justice and equity. A good place to start, for example, would be to enact an international law where workers have 50% voting power in hiring and firing decisions decisions for management and CEO’s and where all raises for management and CEO’s also involve worker votes. Such voting rights would similarly include votes over whether to outsource, close down factories, etc., etc., etc. A new “Rights of Man” needs to be written that includes such capital rights and also ecological rights. Oh, and for all you Americans that believe you’re going to be million or billionaires one of these days, your chances of breaking out of the income bracket you were born into are probably about 2% (I can hear folks saying right now “I like those odds!” *Forehead slap*). Maybe you should start making political decisions that enhance your possibilities of mobility, opportunity, and that benefit you within your economic bracket: Yanno, support good education that creates opportunity for your kids, support policies that enhance your bargaining rights with your employers and increase your security, support better services, and support higher taxes for the wealthiest segment of the population (that disproportionately benefits from government welfare and which is a greater drain on the environment) so as to fund these things. Stop thinking in terms of your future, fictional, billionaire self.

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