Find counter arguments by entering NameVs… or …VsName.
The author or concept searched is found in the following 1 entries.
| Disputed term/author/ism | Author |
Entry |
Reference |
|---|---|---|---|
| Public Sector | Galbraith | Rothbard III 986 Public sector/Galbraith/VsPublic sector/Rothbard: (…) there is a problem of the "public sector"; scarcities and conflicts keep appearing in government services, and in these fields alone, e.g., juvenile delinquency, traffc jams, overcrowded schools, lack of parking space, etc. We have seen above that the Single remedy that proponents of government activity can offer is for more funds to be channeled from private to public activity. >Government services/Rothbard, >Government spending/Rothbard. RothbardVsGalbraith: (…) however, (…) such scarcity and ineffciency are inherent in government operation of any activity. RothbardVsGalbraith: Instead of taking warning from the ineffciencies of government output, writers like Galbraith turn the blame from government onto the taxpayers and consumers, just as government water offcials characteristically blame the consumers for water shortages. At no time does Galbraith so much as consider the possibility of mending an ailing public sector by making that sector private. Social balance/RothbardVsGalbraith: How would Galbraith know when his desired "social balance" was achieved? What criteria has he set to guide us in knowing how much shift there should be from private to public activity? The answer is, none; Galbraith cheerfully concedes that there is no way of finding the point of optimum balance: "No test can be applied, for none exists." But, after all, precise definitions, "precise equilibrium," are not important; for to Galbraith it is crystal "clear" that we must move now from private to public activity, and to a "considerable" extent. We shall know when we arrive, for the public sector will then bask in opulence. And to think that Galbraith accuses the perfectly sound and logical monetary theory of inflation ofbeing "mystical" and "unrevealed magic“.(1) 1. A brief, and therefore bald, version of Galbraith's thesis may be found in John Kenneth Galbraith, "Use of Income That Economic Growth Makes Possible .. ." in Problems of United States Economic Development (New York: Committee for Economic Development, January, 1958), pp. 201-06. In the same collection of essays there is in some ways a more extreme statement of the same position by Professor Moses Abramovitz, who presses even further to denounce leisure as threatening to deprive us of that "modicum of purposive, disciplined activity which ... gives savor to our lives." Moses Abramovitz, "Economic Goals and Social Welfare in the Next Generation," ibid., p. 195. It is perhaps apropos to note a strong resemblance between coerced deprivation of leisure and slavery, as well as to remark that the only society that can genuinely "invest in men" is a society where slavery abounds. In fact, Galbraith writes almost wistfully of a slave system for this reason. John Kenneth Galbraith, The Affluent Society (Boston: Houghton Mifflin Co., 1958)., pp. 274-75. |
Galbraith I John Kenneth Galbraith The Affluent Society London 1999 Rothbard II Murray N. Rothbard Classical Economics. An Austrian Perspective on the History of Economic Thought. Cheltenham, UK: Edward Elgar Publishing. Cheltenham 1995 Rothbard III Murray N. Rothbard Man, Economy and State with Power and Market. Study Edition Auburn, Alabama 1962, 1970, 2009 Rothbard IV Murray N. Rothbard The Essential von Mises Auburn, Alabama 1988 Rothbard V Murray N. Rothbard Power and Market: Government and the Economy Kansas City 1977 |
| |||
No results. Please choose an author or concept or try a different keyword-search.