[QUOTE="Former_Slacker"]
[QUOTE="Wasdie"]
A government which has been given to much power is a dangerous thing. Already in this country our government has done more harm to our people and to the world than any in the past. This is because we have let them either step over their bounds or completely ignore what they are really doing.
Even if you get the most infallible, pure, and honest people in power, eventually some power hungry person is going to get the power and use it for bad. The only preventative measure we have against that is to never give those people the power.
It's a lost cause because we have already given our government to much power that they'll never give back because to many people require them to survive. We have probably gone past the point of no return and no good will come of it. I just hope I can live my life free from government interference.
magicalclick
When you limit the size of government you leave a power vaccuum that is quickly filled up with powerful multinational corporations. As strong economic power can be transformed into strong political power, that small government will quickly grow corrupt and the best way of fighting the powerful corporations will be gone. The corporations will use this to their advantage to further cement their control over the market and drive out competition.
This can be said from other side too. The more power the government is, the more incentive for rich man to use government as leverage. And this happened to quite many corrupted countries.
Which is why campaign finance reform is necessary to limit undue influences on government which might undermine good government as I think happens here in the US. Why point to "corrupt countries", why not to western europe or canada?
I somewhat ascribe to a modern day version of ordoliberalism.
"Ordoliberalism is a school of liberalism that emphasises the need for the state to ensure that the free market produces results close to its theoretical potential (see allocative efficiency). The theory was developed by German economists and legal scholars such as Walter Eucken, Franz Böhm, Hans Grossmann-Doerth and Leonhard Miksch from about 1930-1950. Alexander Rüstow and Wilhelm Röpke (who spent the Nazi period in exile in Turkey) and Friedrich von Hayek are associated with this theory. Ordoliberal ideals (with modifications) drove the creation of the post-World War II German social market economy and its attendant Wirtschaftswunder. The term was coined 1950 by Hero Moeller referring to the academic journal ORDO. The term is used by some in the German language as synonym for the term neoliberalism or as concretization to label the neoliberalism of the Freiburg School. However, ordoliberals promoted the concept of the social market economy, and this concept promotes a strong role for the state with respect to the market.
Ordoliberal theory holds that the state must create a proper legal environment for the economy and maintain a healthy level of competition through measures that adhere to market principles. The concern is that, if the state does not take active measures to foster competition, firms with monopoly (or oligopoly) power will emerge, which will not only subvert the advantages offered by the market economy, but also possibly undermine good government, since strong economic power can be transformed into political power. Quoting Stephen Padgett: "A central tenet of ordo-liberalism is a clearly defined division of labor in economic management, with specific responsibilities assigned to particular institutions. Monetary policy should be the responsibility of a central bank committed to monetary stability and low inflation, and insulated from political pressure by independent status. Fiscal policy—balancing tax revenue against government expenditure—is the domain of the government, whilst macro-economic policy is the preserve of employers and trade unions." The state should form an economical order instead of directing economical processes.
Wilhelm Röpke considered Ordoliberalism to be "liberal conservatism," against capitalism in his work Civitas Humana (A Humane Order of Society, 1944). Alexander Rüstow also has criticized laissez-faire capitalism in his work Das Versagen des Wirtschaftsliberalismus (The Failure of Economic Liberalism, 1950). The Ordoliberals thus separated themselves from ****cal liberalism."
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