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by tdylan 3913 days ago
Competition is good. We need _more_ competition between governments, not a cartel. If a government is more efficient and can lower taxes, than others are incentivised to be competitive and more efficient as well, or risk losing their revenue sources to other more efficient states.
2 comments

Competition between governments would be a good thing if we had free movement of individuals/labor. So far we only have free movement of capital.
Wealthy people usually have free movement. In most countries, there are investor type residence visas, if you invest a few $100k in a new company.
It's not clear to me what a "more efficient state" is.

Is it the state that give more life quality to all their citizens?

For example. But with a focus on a budget as well. The problem now is governments overspending because in a way it helps the current politicians to be re-elected. But in the long term debts are not good. I think Greece is a very good example how things can go wrong that way.
Greece has been sacked by a bunch of oligarchs and, then, sacked again by their European partners trying to save the European banks but, their real problem, is that they are not a sovereign state anymore. You can't be a sovereign state if you have not control of your money.

States are not households. The debt of a country is a very different animal that the debt of firm or an individual.