Better Regulation Through Competition

This piece was originally posted by LP Georgia member Greg Morin at his blog, Porcupine Musings.

Monopolies are bad. The supposed truth of that axiom is nearly universally accepted. Government demonstrates its adherence to this precept through such devices as anti-trust legislation. Curiously though, government itself is the biggest monopolist like entity. I say “monopolist like” because even the so-called monopolies of Standard Oil or AT&T could not force people to purchase their goods via legally imposed violent coercion. Government is monopoly at the barrel of a gun. So, if the truism that monopolies are bad is generally accepted, why is the public so willing to blithely accept the monopolist enterprises the government imposes on us? For some reason the public holds those in government to be members of a class of altruistic super humans that think only upon the betterment of society and never upon themselves, that they are selfless servants of their fellow man (angels?). To quote John Stossel, “Give me a break!” Those in government are humans, just like us, with the same weaknesses, foibles and strengths (witness the recent GSA convention debacle). They are not magically transformed upon taking an oath of office or employment within the government. To persist in such a belief is as delusional as believing in the Tooth Fairy or Santa Claus.

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