Liberty vs. Leviathan

Chronicling Liberty's battle against Leviathan

Crumbling pillars

One of the pillars of a thriving economy is the rule of law.  Those (entrepreneurs) who risk their capital and create things (which leads to job creation) need to know that private property and contracts will be protected, and that the legal environment is stable and predictable.  These no longer exist in today’s legal and economic environments.

Vox Day puts some practical application to the theory in “The feet, they vote too“…

…it simply doesn’t make much sense to start any business that isn’t a location-tied service one in the USA anymore.

As Schumpeter explained, no entrepeneurs means no economic growth, which means declining societal wealth and eventually grass hut city time.

Advertisements

Filed under: Uncategorized, , , ,

One Response

  1. It’s a disgrace as to how poorly businesses are portrayed in our modern culture.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

August 2010
S M T W T F S
« Jun   Oct »
1234567
891011121314
15161718192021
22232425262728
293031  

Archives

%d bloggers like this: