The World according to DocBrain

Sunday, August 30, 2009

Economic Justice

This is part 2 of DocBrain's philosophy.

Economic Justice
1. The free market is economic justice
2. Freedom leads to innovation which leads to progress which is the goal of civilization
3. Interference with the free market is the main source of poverty and gross inequalities
4. A growing economy means more jobs and more wealth. Anything that interferes with the growth of the economy will suppress both. The main interference is to take from the producers (labor, management, investors and inventors), and this is usually done by government.
5. If the free market seems unfair in the long term, it is because of interference in the workings of the market (usually regulations, occasionally unscrupulous behavior).
6. People have no unalienable right to what they do not earn themselves through their muscles, brains, or money.
7. The government's role in the free market is to maintain a check on the few who would take what is not rightfully theirs (theft, unfair treatment of labor, cheating the consumer or the investor, and pollution of the common environment).

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