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" "Many individuals in government don't seem to understand the laws of economics. Most of them — aside from those in Congress — seem to be concentrated in the area of 'drug enforcement'. They often brag at news conferences that their interception of drugs between producer and consumer has raised the 'street value' of the drugs, meaning that the drugs are now scarcer than they were. What these statists stubbornly refuse to acknowledge is that this only increases the market incentive to cash in on those higher prices by making up for the artificial scarcity.
Lester Neil Smith III (12 May 1946 – 27 August 2021), also known by his nickname El Neil, was a libertarian science fiction author and political activist, whose works include the novels Pallas, The Forge of the Elders, and The Probablity Broach, each of which won the Libertarian Futurist Society's annual Prometheus Award for best libertarian novel.
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The first and most important thing to understand about politics is this: forget Right, Left, Center, socialism, fascism, or democracy. Every government that exists — or ever existed, or ever will exist — is a kleptocracy, meaning 'rule by thieves'. Competing ideologies merely provide different excuses to separate the Productive Class from what they produce. If the taxpayer/voters won't willingly fork over to end poverty, then maybe they'll cough up to fight drugs or terrorism. Conflicting ideologies, as presently constituted, are nothing more than a cover for what's really going on, like the colors of competing gangs.
Corporations are properly associated with mercantilism, rather than capitalism. Mercantilism is a system under which government grants special status to one or more company at the expense of its competitors. The British East India Company, for example, possessed an exclusive, royally-granted 'right' to conduct trade between India and China, on the one hand, and the British Empire for more than 250 years. Private capitalism, by contrast, is a system under which various enterprises compete in the marketplace by offering the highest quality goods and services they can, at the lowest possible prices. Progress occurs as individuals and companies strive to raise quality and lower prices.
Just about everybody in politics has something to hide. The higher they rise in the system, the more skeletons they have stuffed in their closets. And as we have all come to appreciate, this goes double — or perhaps even squared — for politicos who got their start in Chicago. And because the system no longer cares about our rights (to the extent it ever did) we can no longer focus solely on issues related to them, but must cast about more widely to ensnare and defeat the enemies of liberty.