In addition to job creation Bernie Sanders should be advocating for simultaneously broadening wealth-creating, income-producing capital asset formation. Bernie Sanders means well but falls far short and ends up advocating for jobs and welfare, and thus maintain the status quo. Sanders sees jobs and welfare as the end, rather than the means to an end. Jobs are and will not be sufficient as constant tectonic shifts in the technologies of production destroy jobs and devalue the worth of labor. If all Sanders wants for the people a job, where will they be wen the machines take their jobs? Will he then be advocating to eliminate machines. Sanders also advocates welfare, open and discussed. Government does not produce wealth, but they do take from those who have wealth by various means, and either use it to cover legitimate expenses of government, or redistribute it for social purposes––illegitimate, except in an emergency when the common good is otherwise endangered. And what happens when the government can no longer fund welfare? Sanders and many other people see only the emergency aspect: redistribute wealth to keep people going. Thus, they demand wage raises, welfare, redistribution, healthcare, etc., etc., etc., which, necessary as it may be for government to supply at times, are not, and can never be a solution. People must produce in order to consume (He who does not work, neither shall he eat), and redistribution discourages, even prevents production. The well eventually runs dry, and not all the shrieking condemnations of greedy (other) people can force them to produce so that others may consume — its called slavery. So what is the solution? First, take care of people now. Second, restructure the system so that people can take care of themselves through their own efforts. How? Power, as Daniel Webster said, naturally and necessarily follows property. If you want power over your own life, meaning control, income, and so on, you must own capital. You are otherwise under the control of those who do own capital. Its not votes, its not jobs, its ownership. As Pope Leo XIII put it: We have seen that this great labor question cannot be solved save by assuming as a principle that private ownership must be held sacred and inviolable. The law, therefore, should favor ownership, and its policy should be to induce as many as possible of the people to become owners. (Rerum Novarum, § 46.)
Posted on: Sun, 24 Aug 2014 01:39:34 +0000
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