All For One And One For All!

Kurt Bouwhuis, Mackinac Center Intern

I recently reread this old blog post by Mario Rizzo at ThinkMarkets and found an excerpt that is very insightful:

Do we, as a Nation, “think” that We ought to save more? Or that We ought to increase public borrowing for economic stimulus? Do We believe that government (taxpayers’) resources ought to be injected into failing American automobile manufacturers? Should more money go, instead, to save homeowners from foreclosures? Should more money be sent to save starving children in Africa?

The simple answer is: The questions are senseless. We all don’t have the same priorities. The idea of a Nation’s priorities among these options is a fiction designed to give the impression that the political system expresses some inner national character or some rational assessment of alternatives…

Once we leave the realm of those relatively few rules that sustain social cooperation – those that benefit each and all – we enter a world in which political priorities are set by special interests motivated by their partiality and avidity. In this world what counts is the political manipulation of the hapless guy.


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