Eben McDonald of Counterpoints writes about the way three European countries fought poverty with less laws and less taxes in The Economic Standard.
Eben writes, in part, “Data from the World Economic Forum can easily be used to demonstrate that the world’s most prosperous countries are market-oriented and business-friendly.”
Using Ireland, Switzerland, and Luxembourg as examples, with data to back it up, it becomes clear that economic growth demands that taxes and laws be kept to reasonable levels but that when they are, what we call human flourishing is possible. The weight of excessive taxes and laws, beyond their point of usefulness or where their costs to society outweigh their benefits, drags people and the economy down.
Our perspective is that it’s not JUST about these things, but they are important, it is also about addressing actual disadvantaged communities and groups of people as well as preserving a sociocultural foundation that is life-affirming and that promotes human rights, human dignity, and human flourishing.
We would argue from a Freedomist perspective that the “great reset” invoked by the World Economic Forum, would wage war on private ownership, entrepreneurship, productivity increases, and real economic growth, all the core elements needed to combat poverty. One may be excused to suspecting that poverty is a feature, not a bug, of this “great reset.”
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