Now We Are All Working for the State

May 19, 2023

by Alasdair MacLeod Gold Money

A consequence of increasing economic intervention by the state is that we are now expected to breed more taxpayers in future and draw down on our state pensions for less time. Our productivity must be improved as well, thereby maximising our state’s tax revenues.

With respect to the democratic process, is this really what we have signed up for? It is hardly surprising that we are losing individual freedom. We are now working for the state, instead of the state working for us.

This role inversion is the logical outcome of turning our backs on free markets and ceding a role to the state in the management of our personal and economic affairs. And it is further justified by statistical analysis that supports the role of the state, but on examination turns out to be thoroughly misleading.