LJWorld.com weblogs The Free Market
Posted
by Liberty_one
July 8, 2010 at 2:34 p.m.
The Free Market is Better than Democracy
Imagine if the market was run the same way we run elections. We'd all vote on what type of car we thought was best, and whoever won would be the car we'd all have to buy. So if 51% of the people like Ford and 49% like Toyota, we'd all have to buy Fords. Whereas in the free market, if 51% of the people like Ford and 49% Toyota, 51% of the people can buy a Ford and 49% a Toyota. Democracy is just another way of imposing one group of people's will on another, and thus why it is doomed to failure. The idea that because a majority is required that decisions will somehow be better isn't true. The majority can and does violate the rights of the minority.
This is never more true than when it comes to property owners. Things like zoning laws benefit the majority of property owners at the expense of the few. The few are asked to bear the costs for everyone else, and so these type of laws pass with ease. Democracy has lead us to this sad state of affairs where everyone plunders everyone. Surely there's a better way?
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