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  #11  
Old November 23rd 03, 04:47 PM
Dan Luke
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"Wdtabor" wrote:
Who in the LP ever advocated unrestrained power?


I don't believe I accused the LP of that. I accused the LP of blind
faith in l-f capitalism and the inability to see that it leads to
economic entities with unrestrained power.

Most abuses masquerading as laissz-faire capitalism
are actually unholy alliances of government and some individual or
corporation. Aircraft certification is a good example of a group of
corporations using the force of government to bar competition.


That is true but beside the point. Unrestrained corporations using the
force of
economic power can bar competition, as well.

How much less expensive would GA aircraft be if the government
played no part in certification? Let anyone build an airplane and put
it on the market. Let the AOPA, or a consortium of aircraft insurers,
do the rating and let the individual purchaser assume the risks if he
chooses the unrated airplane.


You're preaching to the choir.

Freedom and competition go together.


Absolutely. But true, l-f capitalism must inevitably produce economic
colossi that can suppress competition and freedom.
--
Dan
C172RG at BFM


 




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