It is not that a government can only kill the innocents in other countries. Many a times, government does not even flinch away from the possibility of killing its own citizens and that too for their own welfare.
During the Indira Gandhi regime in 1984, when a handful of terrorists lead by Sant Jarnail Singh Bhindranwale occupied the Golden Temple, Indian government ordered attack and firing on the Golden Temple. That act was named as Operation Blue Star that killed Thousands of Innocent people along with Bhindranwale’s supporters.
Those innocent people were simple religious people and Indian government actually was supposed to safeguard them. Similarly, many innocents were killed during the formation of Bangladesh by the Pakistani government. Continue reading

It is very common to hear some environmentalist on any main stream media freaking out about the global warming and rehashing the swan song of environmentalists concerning assumed disasters that await the world if it carry on with its evil ways of fossil fuel consumption: the disappearance of islands beneath the sea, the flooding of coastal cities, more severe droughts and hurricanes, famines, disease, the displacement of tens of millions of people from their traditional homelands and the disappearance of glaciers.
However now the climate is surely changing and in this new climate, those environmentalists surprisingly are accepting their faults, yet they are not ready to take the responsibility. Continue reading

Every political leader, a representative of “the people” realizes that nobody in “the people” like to face poverty. Yet, poverty is wide spread. Every government aims its political and ruling program at reducing scarcity and helping the poor. Often the statist argues that government is necessary because if there will not be a government, who will care for the poor, the depraved ones. Politicians often use this “altruistic” propaganda to lure the voters.
The only practical solution to the problem of poverty in masses is to increase the productivity of individuals. In absence of government interventions, for the rational profit motive, free market provides an explainable way to make most efficient way for the usage of resources and to minimize the wastage, thus free market naturally is the solution to poverty. Yet, by means of interventions, government induces irrationality in the market and hence, reduces the productivity while increasing the wastage of resources. Obviously, with reduced productivity and enhanced wastage of resources, the government itself becomes the cause of mass poverty and scarcity. Continue reading

We all have seen and read it at the very first pages of any of our school text books. We have been taught of that amulet so deeply as some Vedic Mantra, Ayat of Quran, Gospel of Bible or words from Guru Granth Sahib. It has been our religion, our mantra, the Mahatma Gandhi’s Talisman.
Have we ever realized its essence? Or have we been indoctrinated of the Gandhi’s talisman through our school text books, obviously authorized by the government boards of education? Continue reading

“Concentrated power is not rendered harmless by the good intentions of those who create it.” -Milton Friedman
One may wonder what the great economist Milton Friedman was thinking while he uttered those words. May be he was thinking of the ill-effects of price controls and how does price control causes shortage and hence excruciating conditions for the most poor men of society. He might be thinking of the ill-effects of socialized medicines, or may be he was thinking about the irrationality of minimum wage law and the manner that the very intention of improving the living conditions of poor workers actually condemns many to acute poverty and unemployment.
Minimum Wage Law in India Continue reading

The skyrocketing prices of common commodities is becoming the main political issue around which, the BJP is trying to make their case against Congress lead government. It is true that government is responsible to the price rise, but can government control the prices or the price rise?
It is a common myth that producers, hoarders, speculators and dealers control the prices and tries to bring the prices as high as possible to make maximum profits at the expense of poor consumers who have no choice but to be exploited by such corrupt speculators, hoarders and dealers. It is certainly an irrational myth because to make maximum profits in a competitive market, the speculators, hoarders and dealers need to adjust selling their commodities at the minimum possible prices.
Who Decides the Prices? Continue reading

We have seen how the state planning for alleviating famine and food shortage fails miserably in a planned economy. Often in a mixed economy, government seeks proper control over the agriculture and food sector and that becomes the reason of corruption and further suffering at the times of need, scarcity and famine.
On the other hand, in a free market, the profit motive acts efficiently to assuage worst kind of shortage and famines and hence actually save the populace from extreme starvation.
In a free market, there is a tendency of price of wheat, rice or crude oil (or any other commodity that can be stored), to be equal to its expected prices say after 6 months or a year, that is, free market naturally depresses the unexpected price rise Continue reading

The only practicable solution to remedy the problem of poverty is undoubtedly the increase in productivity of individuals, workers and the market as whole. As productivity of individual workers and the market depends on the rate of technical advancement, inventions and innovations in the process of production, the most fundamental necessity to eradicate poverty is to provide a system for maximum possible technical advancement, inventions and innovations.
A free society working on laissez-faire free market capitalism provides the impetus to continuous economic progress by means of the profit motive that acts as the agent of continuous progress in production. Continue reading

Often the politicians assume that it is their responsibility to provide certain services like health care or education for the needy on behalf of the compulsory tax collected from the common citizen. Thus, they propose the single payer socialized Universal Health Care System or Universal Education System with the theme of Education for All, where everybody is free to take free advantages of the medical care or education system, while government pays for the cost of it. The general intention of such politicians who exhort such an idea is to gain the public vote; it is nothing different than bribing the voters monetarily in order to get their votes to make a government. Continue reading

In absence of central planning and governmental interventions, the production remains in the hands of independent, self-interested, profit-seeking individuals.
In absence of forced laws and regulations, the independent self-interested producers follow the natural laws of market that brings the uniformity and systematically accelerated progress in the free society where the wastage of resources reaches to minimum and overall production tends to reach to maximum and hence the common ills of collectivism such as extreme poverty, unemployment, class differences etc gets the proper remedies in the individualistic, free-society systems.
Whenever government intervenes in such a society by means of central planning and interventionism, the chain of progress breaks and the retardation takes place that brings the common ills of collectivism back to the frame. Continue reading