There is an aggressive conservative notion that has been floating around for some time now. That notion is that the private sector, corporations and big businesses should be allowed to run the American economy and that the government should essentially bug out.
The assertion is that the government overrates its effectiveness, over-regulates, over-bureaucratizes and invests too much on speculative infrastructure. Too much is spent on the unfortunate and the needy, they say.
Maybe we ought to set it straight: The private sector is not a civic organization that functions on behalf of the citizenry as a primary interest. The private sector is enterprises whose primary interest and functions are to make a profit and pay out the most attractive dividends to their stockholders, the investors, and an equally attractive bonus to obtain the most manipulative CEO in order to attract more investment funds, so that it can grow bigger and compound its endeavors. Societal benefits are a byproduct of their main efforts that create for them a desired consumer/customer apparatus that enhances their profits. Sure, they will create jobs and other societal benefits, as long as that benefits their business.
The greed for profit and the competition for investment income are such an enticement that CEOs are constantly in competition to develop means to enhance profits or risk losing investors. Cutting operating costs, raising profits and paying higher dividends on their stock are their objectives.
The corporate sector is now encouraged to ship any manufacturing or service jobs elsewhere when they can realize greater profit from low-wage and lower-benefit-cost societies, and achieve their objectives and corporate political clout – both home and abroad – that exalts that enterprise to the status of an influential political kingpin.
When many developing nations are controlled by mega-business corporations, America would certainly be a bonus.
We must not be sold the notion of the too-big government. This is not government of old. This is not a bloodsucking entity that schemes on the people’s resources in order to enhance the nobles and the regents. It is why the people instituted this type of government in the first place.
Today’s nobles and regents vie to control this government by extracting the citizens’ confidence, to install their own self-serving policies.
This government is an organization of the people, for the people and by the people; let’s not forget. We should least be concerned about what the government spends and more concerned about the services that the government provides and the quality of the representatives we elect to serve us. What we are getting for the amount we spend and whether it is a fair value should be our main concern. The government must spend whatever it needs to spend to provide the service that the citizens need, and the citizens must provide the revenue, being aware that the government is not a money-making enterprise. The government collects revenue as a means of its functioning.
EMERY D. BOWSER