Index Investing News
Sunday, November 2, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

The Right’s Unnecessary Civil War

by Index Investing News
January 15, 2023
in Economy
Reading Time: 3 mins read
A A
0
Home Economy
Share on FacebookShare on Twitter


There is an ongoing battle today between conservatives who want to use government’s power to enforce morality and libertarians. The former believe that the nation’s moral decay is a product of classical liberal policies that allowed or even encouraged immorality. It is not. It is a product of a half century of expanding government policies dedicated to ameliorating pain.

My father-in-law worked with patients suffering from Hansen’s Disease – leprosy. One of the terrible symptoms of the disease is that people lose their sense of feeling. We tend to think of pain as an enemy, but, as my father-in-law observed, pain is “the best friend no one wants.” Imagine putting your hand on a hot stove and not realizing it until you smell your flesh burning. We need feedback mechanisms to keep us alive and in one piece.

Government can create a sort of moral leprosy by weakening or even destroying the feedback loops that make it possible for people to know when their actions are destructive or self-destructive. People learn by acting and then observing and bearing the consequences of their actions.

 

Private Charity

Government-based welfare also helped to de-moral-ize society by shifting the locus of charitable giving and work away from local communities and toward Washington.

Marvin Olasky’s, The Tragedy of American Compassion, documents the tens of thousands of lodges, charities, mutual aid societies, missions, civic associations, and fraternal organizations that existed across the country in the 19th and early 20th Centuries.  These organizations helped pull people out of poverty by addressing individual causes – ignorance, addiction, or simply bad luck.  Thanks to the power of the free market and organizations like these, the poverty rate plummeted from 80% of the population in 1800, to about 15% in the 1960s.

Unfortunately, the government stepped in with its “Great Society” programs and displaced private charitable organizations.  After nearly 60 years of effort and trillions of dollars in spending, the poverty rate has dropped only a few more percentage points. The government is very good at writing checks, but while that helps to make the poor more comfortable in their poverty, it does little to address the unique issues that keep them in poverty. That takes compassion. Real compassion isn’t feeling pity for the less fortunate, it’s climbing into the foxhole with them and sharing and understanding their individual problems.

Central planning proponents often admit that free markets deliver the goods but argue that governments distribute them more fairly. They point to people who, because of age or disability, are incapable of producing anything. The government must control the economy, they claim, so that it can redistribute goods to these few.

But rewarding need yields more of it, adding those who will not produce to those who cannot. And taxing demonstrated ability yields less ability demonstrated. By taking from each according to his ability and giving to each according to his need, government produces more need. By contrast, under the free market, need does not pay, production does, so need declines and production grows.

The choice between government control and the free market is the choice between government coercively combating growing need amid growing poverty and individuals voluntarily combatting shrinking need amid growing wealth.

 

Conclusion

When they are allowed to work, free markets reward the “bourgeois values” of thrift, honesty, persistence, hard work, prudence, tolerance, and civility. At the same time, markets punish profligacy, dishonesty, sloth, and bigotry.

The solution is not to add more layers of government control – layers that can be used and misused by the next set of politicians elected to office – but to restore freedom.

 


Richard Fulmer worked as a mechanical engineer and a systems analyst in industry. He is now retired and does free-lance writing. He has published some fifty articles and book reviews in free market magazines and blogs. With Robert L. Bradley Jr., Richard wrote the book, Energy: The Master Resource.

(0 COMMENTS)



Source link

Tags: civilrightsUnnecessarywar
ShareTweetShareShare
Previous Post

Drive, King Kong, The Northman, Parasite, Spider-Man 2

Next Post

HDFC Bank Q3 Results: Profit, NII see double-digit growth, exceed analysts’ expectations

Related Posts

Belief Authorities Statistics, Not Authorities

Belief Authorities Statistics, Not Authorities

by Index Investing News
October 31, 2025
0

“Professional failure” is clearly having a second. Pollsters, Wall Avenue analysts, tech futurists… all are going through calls for to...

MiB: Liz Ann Sonders, Chief Funding Strategist at Charles Schwab

MiB: Liz Ann Sonders, Chief Funding Strategist at Charles Schwab

by Index Investing News
October 27, 2025
0

     This week, I communicate with Liz Ann Sonders, chief funding strategist at Charles Schwab. Liz Ann focuses...

Do not Mistake a Miracle for Its Trigger

Do not Mistake a Miracle for Its Trigger

by Index Investing News
October 23, 2025
0

In occasions of disaster, we contemplate what might be accomplished to return to a path of prosperity and wealth. Nevertheless,...

Straight Whiskey and Soiled Politics

Straight Whiskey and Soiled Politics

by Index Investing News
October 19, 2025
0

Within the early twentieth century, America was buzzing with Progressive Period reforms aimed toward taming the excesses of industrialization. One...

Trump marketing campaign to dam international delivery emissions deal falters

Trump marketing campaign to dam international delivery emissions deal falters

by Index Investing News
October 15, 2025
0

Unlock the White Home Watch publication without spending a dimeYour information to what Trump’s second time period means for Washington,...

Next Post
HDFC Bank Q3 Results: Profit, NII see double-digit growth, exceed analysts’ expectations

HDFC Bank Q3 Results: Profit, NII see double-digit growth, exceed analysts' expectations

Flagship: Slightly Cheaper Than UMH Properties (OTCMKTS:FLGMF)

Flagship: Slightly Cheaper Than UMH Properties (OTCMKTS:FLGMF)

RECOMMENDED

Hunting enters long-term alliance with CRA OCTG (OTCMKTS:HNTIY)

Hunting enters long-term alliance with CRA OCTG (OTCMKTS:HNTIY)

June 5, 2023
Hawkins: Evaluation Of A Rising However Overvalued Chemical Firm (NASDAQ:HWKN)

Hawkins: Evaluation Of A Rising However Overvalued Chemical Firm (NASDAQ:HWKN)

April 3, 2025
Fiserv, Inc. (FI) Q2 2023 Earnings Call Transcript

Fiserv, Inc. (FI) Q2 2023 Earnings Call Transcript

July 28, 2023
BTC market dominance exceeds 40% after 6 months

BTC market dominance exceeds 40% after 6 months

January 3, 2023
Jodie Comer in talks to star in 28 Days Later sequel?

Jodie Comer in talks to star in 28 Days Later sequel?

April 5, 2024
Facing eviction, Twitter closes Seattle office, reports say

Facing eviction, Twitter closes Seattle office, reports say

December 30, 2022
Orange S.A. 2024 Q3 – Outcomes – Earnings Name Presentation (OTCMKTS:FNCTF)

Orange S.A. 2024 Q3 – Outcomes – Earnings Name Presentation (OTCMKTS:FNCTF)

October 24, 2024
The Lengthy-Time period Investing Information to Compounding Wealth

The Lengthy-Time period Investing Information to Compounding Wealth

April 29, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In