by Joshua D. Glawson
LPNC Strategic Communications Adviser
I recently heard a friendly discussion about a really fun topic: economics in North Carolina. In their palaver, they came to a slight disagreement about one particular issue and how it should be handled.
Let’s imagine that the topic is "Y."
The entire Y market in North Carolina is controlled. The three-letter government agency XYZ controls it from every angle. XYZ controls how Y is made, who can make Y, fees for entering the Y market, how much Y is produced, where Y is from, how much Y costs, how much Y is taxed, and how much Y can be sold. XYZ centrally vaults all of the Y in North Carolina in XYZ’s warehouse, and only their approved distributors can transport Y to their storefront monopoly locations. XYZ goes as far as to propagandize why they must maintain total control of Y in North Carolina.
Now, let’s imagine what will likely happen when the total control of Y by XYZ in North Carolina dissipates.
Person 1: Consumption Junction, What’s Your Function
We cannot say how many jobs will or will not be created once the control of the Y market dissipates in North Carolina. It is quite often the case that governments have too many people working, with less efficiency than private markets. Governments do not have to operate efficiently as a business does, as their money is gained predominantly through taxes.
For example, a task that a private business may only need three people to accomplish, a government agency will inefficiently have five, or more, people. With greater efficiency and the assistance of labor and technology, a business is incentivized to save time and money, whereas a government's financial incentives and overall effectiveness do not concern them since they operate as though there is an endless pool of money to be exploited.
When complete control of Y no longer exists, there may be fewer jobs and a reduction in wasted costs. Undoubtedly there will be a greater variety of Y and functional market efficiency in North Carolina.
Person 2: Y is Seen, and Y is Unseen
We cannot say, with certainty, how many jobs will or will not be created once the control of the Y market dissipates, but it is more likely that more jobs will be created overall than lost. XYZ controls every aspect of the Y market in North Carolina. XYZ controls production, manufacturing, warehousing, distribution, representation, sales, and profits of Y while there is still market demand. Due to a plethora of multitiered inefficiencies and a severe limitation on functionally efficient markets, XYZ has willfully reduced the opportunities for the free and peaceful markets of North Carolina.
The Y market is controlled and gravely restricted in North Carolina. Once these restrictions are removed, it is more likely that the market will become more efficient, increase prosperity, have greater variety, reduce operational costs, and increase sales opportunities. Since there is still demand for Y in the market, ending XYZ will encourage investment in the Y market, as well as Y’s direct and indirect markets. There is a sort of butterfly effect across the marketplace, and the aggregate benefits and positive effects of this fluttering are immeasurable.
When complete control of Y no longer exists, there may be more jobs and a reduction in wasted costs. Undoubtedly there will be a greater variety of Y and market efficiency in North Carolina. The benefits are likely to create more jobs and business opportunities in direct and indirect markets.
Whether a person believes fewer jobs or more jobs will be created once the control of the Y market dissipates, we can agree that greater variety and improved market functional efficiency will be the result. With greater efficiency comes greater savings of money, or taxes in the case of XYZ.
The free and peaceful people of North Carolina ought to actively end the government agency XYZ’s complete control over the production, manufacturing, warehousing, distribution, representation, sales, and profits of Y. North Carolina’s growth potential depends on ending these severe restrictions. Ending the XYZ allows people to choose while they also benefit from what is seen and what is unseen.
Joshua D. Glawson is a writer and speaker in the Liberty Movement. He has been active with the Libertarian Party of California since 2015. He now resides in his home state of North Carolina. Check him out at Home - Joshua D. Glawson (joshuadglawson.com)