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by oceanplexian
994 days ago
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Sure, there are some beneficial things that the government does. Like roads, police, fire, regulatory agencies; all the usual things that are cited as "We live in a society" line items. But those things are a tiny minority of government spending. The VAST majority of the federal budget goes to entitlements. Another massive chunk goes to paying interest on debt because we spent money we didn't have on entitlements. An similarly large chunk goes to defense (Which you could make an argument for, except the VAST majority of which is not actually used for defense, but intervening in far away conflicts) So going back to all the "society" items, well, the roads, infrastructure electricity, basic services, police, clean water, airports; all the stuff you really need for a society: They're a tiny, minute sliver of the money the government takes from us on a regular basis. You could reduce taxes by 90% and still provide everything you need from a functional society without the parasitic drain on the economy. |
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The real parasitic drain on the economy is the large accumulations of capital that prevent the Invisible Hand from manifesting. Being alive is an inelastic good. If people have to choose between starving to death or labor for scrip to use at the company grocery, it breaks the efficiency of the market at valuing labor.