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Re: conix post# 319587

Tuesday, 07/23/2019 10:55:16 PM

Tuesday, July 23, 2019 10:55:16 PM

Post# of 475902
Nothing in his post warrants the erroneous inference you've drawn.

Unregulated, insufficiently regulated capitalism is the issue, the problem.

The following applies no less to capitalism than it does to government. If anything, more so.


https://mises.org/library/if-men-were-angels

If men were angels, no government would be necessary. If angels were to govern men, neither external nor internal controls on government would be necessary. In framing a government which is to be administered by men over men, the great difficulty lies in this: you must first enable the government to control the governed; and in the next place oblige it to control itself.

A dependence on the people is, no doubt, the primary control on the government; but experience has taught mankind the necessity of auxiliary precautions.1

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