Among other grand achievements, F. A. Hayek had a remarkable career pointing out the flaws in collectivism. One of his keenest insights was that, paradoxically, any collectivist system necessarily depends on one individual (or small group) to make key social and economic decisions. In contrast, a system based on individualism takes advantage of the aggregate, or 'collective,' information of the whole society; through his actions each participant contributes his own particular, if incomplete, knowledge-information that could never be tapped by the individual at the head of a collectivist state.
Sheldon RichmanIn an unmolested market economy - one where all dealings are consensual - the 'allocation' of wealth and income is the result of transactions.
Sheldon RichmanThose who create the wealth naturally want to keep it and devote it to their own purposes. Those who wish to expropriate it look for ever more-clever ways to acquire it without inciting resistance. One of those ways is the spreading of an elaborate ideology of statism, which teaches that the people are the state and that therefore they are only paying themselves when they pay taxes.
Sheldon RichmanWhy is Netanyahu pushing war? Among several reasons, demonizing Iran reduces pressure on Israel to negotiate seriously with the Palestinians. Many Israelis prefer building Jewish settlements on Palestinians' land instead. Moreover, Israel's rulers oppose any development-such as an Iranian-U.S. detente-that could diminish Israel's U.S.-financed hegemony in the region. War with Iran would be a catastrophe all around. Netanyahu and his hawkish American allies-the same people who gave us the disastrous Iraq war and ISIS-must be repudiated.
Sheldon RichmanIt should go without saying that even the most narrowly construed eminent-domain power would violate individual rights. Either a person owns his legitimately acquired property or he does not.
Sheldon RichmanThe draft is a monstrous violation of individual liberty, and even a good motive cannot make it otherwise. In a free society no one should be compelled to take up arms, or be forced to kill or risk being killed... But who can blame prospective volunteers from doubting that there is a threat from Iraq? The Bush administration has yet to make a persuasive argument to that effect.
Sheldon RichmanAmericans live under the delusion that enterprise here is both private and free. It may be nominally private, but it's anything but free. Unfortunately, most people don't know what freedom is. So they are unfazed when they hear that before you can do anything of a commercial nature, you need government permission.
Sheldon Richman