- Joined
- Aug 6, 2019
- Messages
- 19,527
- Reaction score
- 8,591
- Location
- Bridgeport, CT
- Gender
- Male
- Political Leaning
- Libertarian - Right
Trump has a vision of taking America back to a time when most people worked in factories, and he's actually trying to force that vision on the rest of us. His use of tariffs is a clear example of government central planning, just on a small scale. He's using state power to try to reshape the American economy according to his own personal preferences.
It’s important to understand that tariffs are built on the same logic as central planning: the belief that government officials should override voluntary exchange and market signals to engineer a particular economic outcome. That’s the dangerous idea behind it.
Thankfully, Trump only has limited power, because this is still a free country. The U.S. is not a socialist state with a centrally planned economy.
But let’s think about how much damage he can do using only tariffs. Then imagine if he had control over the entire economy: wages, prices, raw materials, labor markets - every input. That would be a disaster. And we already have a name for that kind of system: socialism, which is public control over the means of production.
Trump is demonstrating to us why socialist countries are so poor - and why their people are often so miserable that the government has to build walls to keep them from escaping.
If you want prosperity, and the freedom to buy what you want, from who you want , then the answer is capitalism and largely free markets, not state control or central planning.
It’s important to understand that tariffs are built on the same logic as central planning: the belief that government officials should override voluntary exchange and market signals to engineer a particular economic outcome. That’s the dangerous idea behind it.
Thankfully, Trump only has limited power, because this is still a free country. The U.S. is not a socialist state with a centrally planned economy.
But let’s think about how much damage he can do using only tariffs. Then imagine if he had control over the entire economy: wages, prices, raw materials, labor markets - every input. That would be a disaster. And we already have a name for that kind of system: socialism, which is public control over the means of production.
Trump is demonstrating to us why socialist countries are so poor - and why their people are often so miserable that the government has to build walls to keep them from escaping.
If you want prosperity, and the freedom to buy what you want, from who you want , then the answer is capitalism and largely free markets, not state control or central planning.