[quote]Tiribulus wrote:
Like I said, there is weight here and it has needled at me when thinking about this. Could I trouble you for a quick rundown of what you have considered good and just, and, bad and overreaching?[/quote]
I didn’t want to leave you hanging here. Basic, broad answer:
I think legislation that has promoted equality of opportunity as generally good. I think any legislation that promotes equality of result as generally bad. Markets can’t be a solution, because markets presuppose certain things outside of the market to already be in existence - and with respect to newly freed slaves, none of those pre-conditions existed. They could not avail themselves of the market - so the market couldn’t possibly remedy the problem. So, remedial legislation was necessary to help the process along.
I think legislation that is designed to promote transparency and information dissemination in commerce is generally good (these laws can promote commerce by reducing transaction costs and risks and potential for fraud). I think legislation that looks to redistribute wealth is bad (real bad).
I think legislation that provides welfare for those who cannot help themselves in necessary (it is always the obligation of the strong to protect the weak). I think this help should be limited and should more local.
I am pro-market, but with the proliferation of commerce across state lines, the growth of the federal government was largely inevitable. Doesn’t mean I agree with all of it or its scope, but it is unrealistic to think the national regulation of commerce would not (and should not) grow with the growth of national commerce.
I decentralization in lots of areas, including both state and market functions.
A good, prosperous, free civilization is made up of a bunch of institutions - family, church, communities, fraternities, and yes, market and yes, state. All of these serve a role and they must all remain in balance (and within their sphere). When one of these institutions begin encroaching on the others where it shouldn’t, the civilization begins to show weakness and sickness, as none of the institutions can be replaced by any of the others. Society degrades and is debased without a proper healthy balance (and even tension) between these institutions and the individual.
Conservatives are the conservators of this thought and tradition, warn against airheaded recipes to experiment with it, and thus are put at odds with communists, most socialists, and yes, as we have seen, libertarians.
People who worship the “market” are just as foolish, naive, and detached from reality as the people who worship the “state”. In fact, though they act like it, they aren’t very different at all. But, they don’t like to be told that.
Short version.