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Does history repeat itself? Can we learn anything from ancient civilizations, especially the ones that declined and fell? Nah!
Thanks to scribd, I’m reading Ayn Rand-contemporary, Isabel Paterson’s “The God of the Machine”, which begins with a brief history of the Phoenicians, the Greeks and the Romans, and asks, for instance, why the Romans beat the Phoenicians in naval supremacy:
with the strongest fleet on the seas, and with a naval experience gained though centuries, the Carthaginian admirals lost six out of seven of the naval battles, despite the fact that the Romans had never possessed a quinquireme before this time (the first Punic war), and very few Romans had ever set foot on shipboard.
Later, the Roman civilization also declined and fell, though for different reasons (Paterson writes) than the earlier ones of Egypt, Carthage and Greece. Here’s how it happened:
The exactions of the bureaucracy increased, and the number of officials multiplied. More and more of the flow was diverted from production into the political mechanism… the bureaucracy took such a large cut, at length scarcely anything went through the complete circuit. Meantime, the producers, receiving less and less in exchange for their products, were impoverished an discouraged. Naturally, they tended to produce less, since they would get no fair return; in fact, effort from which there is no net return must automatically cease. They consumed their own products instead of putting them up for exchange. With that the taxes began to dry up. Taxes must com from surplus. The bureaucrats inevitably came down on the producers, with the object of sequestrating the energy directly at the source, by a planned economy. Farmers were bound to the soil,; craftsmen to their workbenches; tradesmen were ordered to continue in business although the taxes and regulations did not permit them to make a living [see Atlas Shrugged]. No one could change his residence or occupation without permission. The currency was debased. Prices and wages were fixed until there was nothing to sell and no work to be had.
Those silly, silly Romans. How could they not see that would never work! No wonder the Romans were left on the rubbish heap of history. Now US, we would never go down THAT road, would we?
Oh, wait.
A letter to the Chinese Premier, from a free-market-loving U.S. businessman’s blog:
An increasing number of citizens in this country have had enough of the BS and, having been ignored when EESA/TARP was debated (by over 100:1 we told Congress not to bail out those bastards who ripped both us and you off) are intentionally reducing their output. This of course reduces the tax base against which our government can extract money to pay you with. Further, our government has over the space of more than 30 years embarked on programs that allow any US Citizen to effectively live for free, paying nothing. There’s not a thing you can do about this, and we both can and are de-funding our government’s ability to tax. Have a look at tax receipts – the government is running a near-$2 trillion deficit for this reason above all others. Attempts to raise taxes on the remaining productive citizens simply cause more of them to decide to join those who erect their middle finger toward Washington DC, choosing Food Stamps and Medicaid over hard work. There’s a phrase for this: “Going Galt.” I recommend you read Ayn Rand’s “Atlas Shrugged” – I’m sure there’s a Chinese translation somewhere.
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