Posted by
CR Petersen on Saturday, March 07, 2009 12:17:28 PM
By its nature, socialism rewards incompetence. In a well functioning free market society, if a company is not doing well, it may close. Stronger, more competitive companies will acquire the resources and hire the workers. The workers, after learning better methods and skills may leave and start another new company. In a socialist society, the poor company remains a poor company subsidized by the more competent. While there must be limits and boundaries in a free market society, such as appropriate anti trust laws and strict laws against graft and corruption, in general it rewards the most competent and efficient and trains, with lesser rewards, the rest. There must be, of course, appropriate safety nets in any moral society; however, those safety nets need to draw the best, the greatest capacity, and highest possible level of self-sufficiency from everyone. Self-Sufficiency ennobles.