
Standing For Liberty, Part IV; We Are Pro Economic Liberty, NOT Pro-Business
One of the big mistakes most Republicans make is how to define who they are when it comes to economic growth, and the economy. The first thing out of most Republicans mouths is business and jobs. Wrong. If we are to reconnect with Joe Everyvoter, Republicans need to make it clear that they are pro-economic liberty, not pro-business. Business and jobs will come with economic liberty, but the principle is one of economic liberty, not business and jobs.
Why? Two basic reasons. First, even business owners are not pro-business. They are pro-their business, and anti-their competitors business. That means they are anti-their present competitors, and anti-any potential competitors. That is why a lot of businesses are not against more regulations, business licensing and sometimes higher taxes. Barriers to competition raise the cost of entering the marketplace, and limit the number of new entrants. I refer once again to Mises, who noted in his book, Planning For Freedom, that even monopolies are controlled by market forces, as long as those forces are not limited by government, because it is not just current participants in a market that limit price, but potential… Read More