Continual
Theft
by
Michael S. Rozeff
by Michael S. Rozeff
In the movie
Flamingo Road,
Joan Crawford says to her husband "Why don’t you be honest
with the people? Why don’t you teach them to run their own state?"
David Brian replies "Honey, the honest men get eaten up. There’re
too many other men waiting, watching, probing for the soft spots,
the graft. No, it’s better to be one of them."
Waiting and
watching is a useful strategy. Wait and watch for a flock of ducks
to fly over. Wait until the birds are in your line of fire. Wait
and watch until stocks reach an appropriate price before buying.
A burglar waits and watches until your car or home are unoccupied.
The state waits and watches for its chance too.
A burglar hits
us once, maybe twice, until we put in alarms, get a dog, leave the
radio going, or hire guards. Once the state hits us, it never stops
hitting us. The lesson is that we need to guard a great deal more
against the state than a random burglary. Our losses add up to much
more once the state gets its claws in us.
Our fathers
and grandfathers should have been protecting us, and now we should
be protecting our children and grandchildren. The income tax passed
in 1913, a long time ago, and it’s never been repealed. We’re still
being drained today.
The state lulled
our forefathers to sleep, sang them a pretty lullaby. We will just
take a small amount from the rich. You’ll be better off. All the
advanced nations have an income tax. What’s wrong with us? Think
of all the good that can be done with the money. It’s good for the
country. Let’s make the U.S. government financially sound.
Instead of
watching, our forefathers slept. We are paying the price today.
This is not a random burglary. This is continual theft, and the
cost of it is orders of magnitude greater than any single burglary
we might have to endure.
The state watched
and waited, but we didn’t. We were too busy doing the things we’re
supposed to do. But we slept through one important chore, which
is protecting ourselves against our protectors. In fact, I doubt
that it even crossed the minds of any but a few alert souls.
Thieves "case"
the place they intend to rob. They probe, as David Brian said, looking
for weak spots. In The
Brink’s Job, Peter Falk and Allen Goorwitz (later Garfield)
stumble across the open truck entrance to the Brink’s warehouse
and observe the lax security. Falk’s first probe is to enter the
premises as a salesman of auto parts for the trucks. After that
he leads the thieves inside the Brink’s Boston headquarters many
times before the eventual robbery. They wait, watch, and
they repeatedly probe the weaknesses of Brink’s.
Never mind
aliens probing the earth for its weaknesses. We have enough aliens
to look out for in Washington, 50 State Capitols, and thousands
and thousands of localities. Protecting ourselves against them is
a full-time job! It’s so daunting a task that it cannot be done,
especially when they hold all the cards. The solution is to learn
how to live without anointing a special class of protectors.
When we buy
groceries, we personally protect ourselves against spoiled food
to a certain extent simply by inspecting it. But to a great extent
we rely on the integrity and reputation of the merchants we buy
from. It’s the fact that they compete for our business that motivates
them to provide us with food that is not spoiled. If we had competing
protectors, we would not have to worry so much about them burgling
us.
Our current
protectors, our states and governments, continually probe us for
our weak spots and most of us do not even know it. We are just as
open to invasion from them as Brink’s was. They are singing even
more lullabies to us than they sang in yesteryear. They have to
because they are invading us more and more.
So what are
our weak spots? The same as human beings have always had. We want
something for nothing. Con men exploit this predilection. We want
something that belongs to someone else, and we persuade ourselves
we deserve it. We want someone else to pay for what we get. We are
excessively fearful at times. We want to do good and save the world
or alcoholics or drug addicts, and we’re not too fussy how we go
about it. We fail to take responsibility for our own lives or our
old age. We are ignorant. We fail to think straight. We are impatient.
We get angry. We are proud. We want revenge. Take any normal human
emotion and it can become a weakness if we do not control it. Take
any passing evil thought and it can become a weakness if we don’t
suppress it. We are all too human.
The problem
is this. Set up a protector with unusual force and strength that
can pass laws, and give this protector a perpetual monopoly.
That’s what we have in the state. This protector can simply wait,
watch, and probe for our collective weaknesses. When they appear,
he can exploit them for his own benefit. This is only to be expected,
since protectors are human too and possess all the same weaknesses
that we do.
So the state
waits. When the public, out of some weakness, is ready to accept
a new measure, anything from an income tax to an Iraq War, and when
the state thinks it can benefit from instituting this measure, it
will. And many of these measures last and last and last. They are
as perpetual as the state is. And if the public gets too upset with
some measure, the state knows how to roll with the punches, pull
back, hibernate for awhile, still waiting, watching, and probing.
We have here
a perpetual burglar and a strong and crafty one at that, and he
requires us perpetually to watch out for his next predation. This
is simply too great a burden. Vigilance against such a foe costs
too much. Better to do away with such an enemy.
Perhaps a less
radical course is appealing. Perhaps we should chain up our watchdogs
and only let them loose under highly controlled circumstances. Perhaps
we should have enumerated
powers and constitutional checks and balances. Let us limit the
monopoly state. It won’t work. Our protectors will still retain
an incentive to chew and chew until they dissolve their chains.
They will bite us when we let them loose. If we have kept them divided
to weaken them, they’ll little by little become a pack and do away
with the checks and balances that have separated them. We will still
have to be constantly protecting ourselves against our protectors.
If there were
a single grocery store with a perpetual monopoly on groceries, we’d
have to check on food quality continually. And there would be little
we could do about it when we were given bad food. Where could we
turn? Multiple grocery stores solve the problem and get the incentives
working for us rather than against us. Multiple providers
of security and protection will do the same.
February
23, 2006
Michael
S. Rozeff [send him mail]
is the Louis M. Jacobs Professor of Finance at University at Buffalo.
Copyright
© 2006 LewRockwell.com
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