Political Debate 1

Political Debate 1

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  • Greetings, Mr. Gladden, I have been sent by Mr. Adam Smith to come and discuss Laissez-faire and it's potential.
  • With all due respect sir, you've come to the wrong place. Whatever you say, my stance will stay loyal to my Lord.
  • Of course. It is your own life, your own belief, but Mr. Smith insisted that I send his message. May I sit?
  • Surely. But as much of your "message" you're gonna get through, you'll most probably need more.
  • Please, let me start off by explaining our philosophy. Laissez-faire is where the government is advised to back off of the economy-
  • -which is extremely risky and corrupting might I add.
  • But the force of self-interest will improve the economy for everybody!
  • Self interest? That sounds like an act of sin to me.
  • No Sir! You are heavily mistaken! Self-interest is what drives the system of free economy! A man produces some asset of value like labor or a product, and tries to sell it for money to spend on his own self-interest.
  • That way every act of trade is a small benefit to the two sides participating. Model this to a greater scale, with billions of sales, that would mean a billions people benefited! This shows that a market governed by people's self-interest brings welfare to everyone!
  • The buyers, with a similar purpose, tries to buy products that he wants and at a reasonable price. Therefore the final price is a representation of both the seller's and the buyer's best possible price.
  • Now all the other businesses face a predicament: remain righteous and continue on this doomed path, or sacrifice your morals and fight for your business. Either way, whoever remains in the industry is now immoral at heart.
  • Hm. Interesting approach. Please, sit. As amusing as that can sound, society does not always work as projected, as you probably understand. The truth is that free competition leads to the spread of immoral acts throughout the country.
  • For example, imagine fierce competition arises within an industry, and there are multiple businessmen fighting for the top. Now suppose 1 of them was an immoral man. Through immoral acts it is easy to expect that for him, it is easy to reach impossibly cheap prices.
  • Immoral acts are only evident because there's too much control, spiking the motivation to rebel against the system! Also, is morality more important to you than the welfare of the society?
  • Now that's just being presumptive. How would an immoral man even achieve such industrial height anyway?
  • Okay. Let's assume the government takes over our economy. How will it satisfy all the individual needs by generalizing a solution?
  • I'm sure he can find a way. The society doesn't credit a good heart; all it sees is power and money.
  • It's the same situation with laissez-faire! When too much freedom is given, there will be those who eventually dominate with his monopoly, forcing society into one choice anyway!
  • Do you not understand? Laissez-faire will not work because of the group of the people who corrupt the system!
  • This isn't cruel, this is survival; This isn't immoral; this is society. Mr. Spencer has evaluated the social applications of "survival of the fittest", and frankly, they seem to apply well.
  • But I am sure the laws of nature apply. From studies of Spencer, he has found that extending the government's reach is restrictive; interfering with the process of natural selection.
  • Interesting. I do not recall Professor Darwin relate the Theory of Evolution to society, especially economics.
  • Yes! Yes it does! Not only is it the teachings of our Lord, it is the foundation of our society! How dare you say such a cruel thing!
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