A market is composed of free people interacting with one another in the exchange of goods and/or services. The degree of prosperity created is directly proportional to the degree of freedom. Complete freedom means that all are free to act in their own self-interest in order to achieve an outcome that is optimum for the concerned parties in the prevailing circumstances.
The more that government regulations (and taxations) pollute this natural process, the less efficiently and effectively the market operates. Each piece of legislation impedes freedom, thus inhibiting the ability to trade and lessening prosperity.
Strong control by a centralized body, i.e. almost no freedom, equals great difficulty in efficiently exchanging anything resulting in poverty. A completely controlled economy is no economy; no surplus production, no exchange, no food and no future.
When governments regulate the economy to the point where the destruction of prosperity become noticeable, they will still never back off and reverse course. They truly believe that the problems resulting from too much regulation can be solved by more regulation. Beyond that point of no return, the best plan is to encourage them to regulate even more.
It precipitates what is going to happen anyway. Best to bring on the collapse so that the pain can be confronted and an unregulated economy can begin the job of rebuilding.
That was the point that the world had reached eighteen months ago. It was the onset of what was already going to be the greatest depression that the West has ever witnessed. It was changed, via the instruments of business ‘lockdowns’ (the ultimate regulatory impediment to business), into the collapse of Western Civilization.
People build civilizations; governments destroy them. Thus it has been for 3,000 years and, probably, always will be.
Joe Biden, Boris Johnson, Justin Trudeau, Scott Morrison, Jacinda Ardern, Angela Merkel, Emmanuel Macron etc. – a giant pox on you all for your pusillanimous ineptitude and your murderous lack of morality, principles and leadership.