The net effect of all of this has been to ruin our bathrooms. You might not realize it because the change has been slow, extending over 25 years. Only by encountering a bathroom with original fixtures from the 1940s can you perceive the full horror of what has happened. Our showers are lame, our toilets don’t work, our pipes are dirty, and everything is less sanitary. Chalk it up as yet another thing that government has ruined.
For centuries, for millennia, we’ve relied on government to stop invasions of person and property. We live more safely than ever before, thanks to market-based technological improvements, not reliance on government. It was once believed that only government could provide security; this debate dates back centuries. Now we learn otherwise. We get security from the same source that provides us food, clothing, and shelter: the matrix of voluntary exchange and free exercise of human creativity.
Sombart's leftism became rightism but it was made of the same substance always: a loathing of regular people in their free choices and a longing for history to follow his own imaginings of what should be rather than what is.
Such is the core of socialist ideology: a delusion rooted in snobbery and, above all else, intellectual pretense.
What is a market economy? We often talk about it as though it were a thing, perhaps a machine or a vehicle. Business reporters say it heats up or cools down. Sometimes it even gets stuck in a ditch. But it’s not a thing subject to heating or cooling or running off a road.
The free market — indeed, a free society — is founded on individual rights, including the right to one’s justly acquired property. If the government’s rules regarding the use and disposal of property are “flexible,” a free society is doomed.
Business decisions should be made in the marketplace, not in the halls of government.
As airlines often do, last week, United Airlines overbooked a flight. But this time, all was not well. Overbooked flights are nothing new. According to the Federal Transit Authority, U.S. airlines convinced over 400,000 passengers to give up their seat on an overbooked flight in 2016.