Welfare

“Morally and economically, the welfare state creates an ever accelerating downward pull. Morally, the chance to satisfy demands by force spreads the demands wider and wider, with less and less pretense at justification. Economically, the forced demands of one group create hardships for all others, thus producing an inextricable mixture of actual victims and plain parasites. Since need, not achievement, is held as the criterion of rewards, the government necessarily keeps sacrificing the more productive groups to the less productive, gradually chaining the top level of the economy, then the next level, then the next. (How else are unachieved rewards to be provided?)

There are two kinds of need involved in this process: the need of the group making demands, which is openly proclaimed and serves as cover for another need, which is never mentioned—the need of the power-seekers, who require a group of dependent favor-recipients in order to rise to power. Altruism feeds the first need, statism feeds the second, Pragmatism blinds everyone—including victims and profiteers—not merely to the deadly nature of the process, but even to the fact that a process is going on.” – AYN RAND

Capitalism and the Abolition of the Welfare State (Part 4 of 10)

The savings of individuals would steadily replace taxes as the source of provision for old age.

Forbidden Parenting

Forbidden Parenting

Some parents are so neglectful that government should intervene, but not by “telling us every little detail how to raise our children.”

Give, Don’t Govern

Give, Don’t Govern

Government’s built-in ignorance explains how it can spend trillions on failed poverty programs, and then respond to the failure by demanding more funds to continue the same programs.

The Entitlement State and America’s Fiscal Crisis: Capitalism vs Socialism

The Entitlement State and America’s Fiscal Crisis: Capitalism vs Socialism

The enemies of capitalism indicted the society of liberty; they distorted the reality of capitalism and its brilliant triumphs in freeing man from poverty; and they imbedded in the minds of many the conception of political entitlements that serve the power ends of political paternalists and which requires the plundering of the peaceful and productive members of society.

America’s National Debt Bomb Caused by the Welfare State

America’s National Debt Bomb Caused by the Welfare State

The Federal debt has now crossed the $19 trillion mark. When George W. Bush entered the White House in 2001, Uncle Sam’s debt stood at $5 trillion. When President Bush left office in January of 2009, it had increased to $10 trillion. Now into seven years of Barack Obama’s presidency, the Federal debt has almost doubled again.

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