Good morning.
Friday in Whitewater will be partly sunny with a high of 22. Sunrise is 7:25 and sunset is 4:33, for 9 hours, 8 minutes of daytime. The moon is a waxing crescent with 15.7 percent of its visible disk illuminated.
On this day in 1777, after victory at the Second Battle of Trenton the day before, American forces under Genera Washington then defeat British forces at the Battle of Princeton, helping boost Patriot morale.
There’s a story one sometimes hears, including in Whitewater, that there are only two forces shaping an economy: private and public. In this story, the private endeavors of individuals and businesses are defined as necessarily encouraging of general prosperity, and the public reach of government as necessarily restrictive of general prosperity.
While it’s a story, it’s also a false story, and sometimes no more than a self-serving lie.
Prosperity rests on the free interactions between individuals, businesses, and government. The relationship (of free action) precedes the result. That’s why libertarians (bona fide ones, who read more than superficially) are free-market men and women.
Government constrains, but not only government constrains. There are private men and private business, including those who proudly tout their ‘pro-business,’ ‘pro-growth’ outlook, but who stifle growth and inhibit the economic liberty of others.
They’re not the champions of positive change but its adversaries. They oppose competition.
How does this happen, that private men and incumbent businesses work against the economic liberty of others?
Here are a few ways (and residents of Whitewater will recognize them):
Control of government agencies and boards to favor cronies and limit alternatives. These private men don’t bother to count to 15,000, but instead stop at 4 of 7, simply enough to run a board or commission for their benefit and to the detriment rival businesses or individuals. This is regulatory or agency capture (shaping regulations their way, or controlling the whole agency and dismissing anyone who won’t go along with their selfish ambitions).
They’ll say this is what the people want, but they’ve not bothered to poll a community; they merely assert that they know the popular will. They’ll point to a few co-opted people as though a few were many. To gather these few, a special interest will rely on any claim imaginable, spreading fear, uncertainty, and doubt about potential rivals with better ideas and new approaches.
Control of a market by monopoly or oligopoly. We think of this approach as applicable only on a large scale, but it happens in small communities, too. One or a few private men will control an entire market and fight to keep new, rival businesses (especially ones with fresh ideas) from forming. They’ll buy resources and deny access to those who’d like to compete in a free market. Many are the one-horse towns where the old horse fights like hell to keep new horses from showing up, so to speak.
Whitewater has had both of these problems for many years. In Whitewater, specifically, It’s not government that has held people back, it’s scheming and selfish private men who think that they own the place and work to keep new enterprises from taking root.
When they talk ‘pro-business,’ they mean their businesses, their opportunities, their way. Indeed, they simply deny, at bottom, that there could be any other way than their businesses, their opportunities, their way.
Here’s a key technique: they’ll argue against any better opportunity for others in favor of an imagined perfect opportunity that they know won’t arrive. They’re like bakers who tell the hungry not to make their own bread but instead to wait for cake and caviar.
Again and again: Who owns Whitewater? Everyone and no one.
There’s no reason for residents in this town to deny themselves better opportunities for the sake of a few old men who insist that it must be their way or no way. The adversaries of free markets in Whitewater are private men who want to deny opportunity for others. No one in Whitewater lives at the pleasure of these aged schemers, no one here was born merely to deny himself or herself better life on an incumbent’s behalf.
Open the market to alternatives, and let people freely choose among them.