Support for Big Business Means Opposing Free Markets

Why won’t Republicans oppose those in Big Business who hate them?

I don’t necessarily support the packaging of this essay at USA Today, but he makes some devastatingly good points I’ve tried to emphasize over and over in discussing things within the economy.

The Republicans have a real opportunity to connect with voters and win big in 2016. But to do so, they’ll have to get over their traditional love for Big Business. Will they be smart enough to do that? The prospects don’t look especially bright.

But the fact is that many big businesses are unpopular with the public, aligned with the Democrats, and wide open for attack. And after eight years of the Obama administration’s naked cronyism and support of Wall Street even as the middle class has suffered, the opportunities are there.

I could care less who or which “Party” is in view—everyone should be interested in doing the right thing, no matter who is on the other side of the issue. Down with “politics” and up with sound ethics.

Here’s the first zinger:

…there’s a big difference between support for Big Business and support for free markets. Big businesses tend to support heavy regulation, taxes, antitrust violations, and other things that reduce competition. They have enough political clout — like Apple, Google, or Sony Pictures — to get favorable government treatment. Small businesses and middle class Americans do not.

Boom! Exactly right. Many of these big businesses only get and remain big because they’re in bed with Congress. Government should never protect individual companies or industries from competition and fair dealing. Take away legislative and regulatory nonsense and a lot of the biggest companies in the nation (and the world) will shrink in a hurry—and that’s a good thing. Nay, a great thing.

He finishes with the best couple of lines of all:

If you really support free markets — in which competition is based on price and quality, not government preference — then you’re going to find yourself opposing Big Business fairly often. If you never find yourself opposing Big Business, then maybe you don’t really support free markets.

Herein Glenn Reynolds diagnoses the biggest problem with today’s politicians—they do not support freedom and truth, they support those who come at them with fat campaign checks. The root problem is that we pick exactly the wrong kind of people to hold elective office. We need men and women of character who cannot be swayed to do the wrong, illegal, and/or immoral thing, no matter the size of the check being put before them.

America’s founders recognized that freedom cannot exist or survive without virtue—character. Character is supported by authentic faith, and exists only within a context of religious freedom where we are not compelled by law to violate our conscience. Unless we recover those elements—what Os Guinness has termed “The Golden Triangle of Freedom”—we will not see a rebirth of liberty in America.