Monday, November 05, 2007
The wrong incentives
The key to having a society in which we would want seems to be to have incentives that promote self-reliance and freedom, not knowing how to take handouts from the Government. The whole, failed Socialist experiment tried to teach people to want and accept money and services from the Government. The motivation was idealistic: to help the people who could not care for themselves and to have a better life for everyone. The problem was that without productive people producing and creating products, services, and wealth, there would be little to give away. The assumption was that the good things would be created by someone so that the Government could take some or most of them away. Through hard lessons from the looters, and continued denial that they were really happening, we finally tried a new system. Let people keep what they earned. Ask them to purchase the services needed to maintain a country and provide for common needs. The changes were tried in small pieces and then we would go back to the ways that didn't work. Finally, after we experienced the "terrorist" nuclear attack, we gradually came to our senses.