Economics Of Public Choice Term Paper

Length: 5 pages Sources: 1+ Subject: Economics Type: Term Paper Paper: #29006812 Related Topics: Taxation, Ayn Rand, Declaration Of Independence, Mills Theory
Excerpt from Term Paper :

TAXATION IS THEFT?

When Sam the mugger, decides to rob you of your valuable goods or hard earned money at gunpoint, you instantly know what the act is called: theft. You do not only receive sympathy from the public, but are also found entitled to police support and protection. The city administration upon learning of the incident would most certainly show some anxiety over deteriorating law and order situation and the government would certainly criticize the thug's immoral act.

However lets just suppose that Sam the mugger wants you money again. But this time, some respectable people like senators, parliamentarians, Congressmen etc., accompany him. Instead of the gun, he carries an official letter that says certain percentage of your hard earned money is now his. The tone remains the same i.e. threatening. You give him money OR ... The dire consequences of not complying with his 'request' are repeated reiterated lest you refuse. This time, you are not supported by anyone. The public is confused and cannot understand which side to vouch for. The police and law enforcement clearly favor Sam the mugger. Government obviously lashes out at no one else but you. In short you are now the culprit since Sam the mugger has massive state support.

However in both situations: the original cause of conflict remains the same. You are being forced to part with your money and are being threatened of grim consequences if you choose not to comply. In short you rights are being violated. So does the fact that Sam the mugger has chosen to rob you through political process makes his act less reprehensible. The answer is an emphatic No. Theft is theft regardless of the means used. This is because what a man produces by his own effort or gains through fair means, is his property unless he chooses to part with...

...

A right to the exclusive disposal of what he or she have produced by their own exertions, or received either by gift or by fair agreement, without force or fraud, from those who produced it. The foundation of the whole is, the right of producers to what they themselves have produced." (p. 368)

What a man produces is thus his exclusive property and he has the right to use that property in whichever manner he chooses to. To stop his from owning that property or exchanging it for something he finds valuable is in violation of fundamental rights defined in the Declaration of Independence. Mill further asserts:

"The right of property includes, then, the freedom of acquiring by contract. The right of each to what he has produced) implies a right to what has been produced by others, if obtained by their consent; since the producers must either have given it from good will, or exchanged it for what they esteemed an equivalent, and to prevent them from doing so would be to infringe their right of property in the product of their own industry." (p. 369)

What we need to understand here is the essential role of a government. What is it that a government is expected to achieve and accomplish. An answer to this question will further help us understand why is taxation considered stealing through political means. Government is formed with one purpose in mind i.e. To protect the rights of people and to thwart any attempt at violating the same. This means that not only protection of individual rights but stemming the process or attempt of violation of rights is also the responsibility of the government. While there can be occasions when government inadvertently might violate one's individual rights but we must be convinced that it was an isolated case and not some deliberate action on large scale carried out with the help political institutions.

" ....the primary concern of government must be protection of the rights of individuals. We seek a government that is strong enough to protect rights but that does not violate rights. This constitutional problem has a theoretical component and a practical component: We need assurance that it is theoretically possible to have a government that protects rights without violating rights; the practical problem…

Sources Used in Documents:

References

1) Chris R. Tame: Taxation is Theft, a publication of the Libertarian Alliance: Retrieved online 29th September 2004: http://www.libertarian.co.uk/lapubs/polin/polin044.pdf.

2) Cohen, G.A. 1995. Self-Ownership, Freedom, and Equality. Cambridge: Cambridge University Press.

3) Mill, John Stuart. 1970 Principles of Political Economy (Middlesex, England: Penguin Books.

4) Pollock, Lansing 1996 The Free Society. Westview Press. Boulder.


Cite this Document:

"Economics Of Public Choice" (2004, September 30) Retrieved June 25, 2021, from
https://www.paperdue.com/essay/economics-of-public-choice-56772

"Economics Of Public Choice" 30 September 2004. Web.25 June. 2021. <
https://www.paperdue.com/essay/economics-of-public-choice-56772>

"Economics Of Public Choice", 30 September 2004, Accessed.25 June. 2021,
https://www.paperdue.com/essay/economics-of-public-choice-56772

Related Documents
Interest Rates, Welfare Economics, Public
Words: 1412 Length: 3 Pages Topic: Economics Paper #: 24077489

Public choice theorists focus on the question of what government policies are likely to be implemented in a given political setting, rather than what policies would produce a desirable outcome if they were implemented. The conclusions of the public choice theory tend to increase skepticism towards the prospect that giving government power over various areas of human affairs will actually have beneficial results, regardless of the democratic control exercised by

Economics: Application of Concepts an Analysis of
Words: 1362 Length: 4 Pages Topic: Economics Paper #: 98592752

Economics: Application of Concepts An Analysis of the Economic Situation in the U.S. In the last five years, we have seen the U.S. economy expand but at a pace that is seen as being relatively moderate. In conducting an analysis of the current economic situation in the U.S., I will largely limit myself to inflation, interest rates, and unemployment. Although the current economic situation is better than it was five years ago, there

Public Policy Analysis Introducing More PE Into
Words: 951 Length: 3 Pages Topic: Children Paper #: 67581055

Public Policy Analysis Introducing more PE into schools as a way of reducing childhood obesity Childhood obesity is one of the most commonly-identified problems facing the nation today, yet lawmakers have struggled to address it effectively because of its multifactorial nature. "It is the No. 1 health problem in children…a study this year in the New England Journal of Medicine reported that obese children were twice as likely to die of disease

Economics Evaluate Explanations Offered Economics of Mnes,
Words: 3571 Length: 11 Pages Topic: Economics Paper #: 49314378

Economics Evaluate explanations offered Economics of MNEs, China and Exchange Rates Evaluate the various explanations that have been offered for the existence of the multinational enterprise. China is a notoriously difficult place to do business. Explain what makes the business environment so challenging and explain the strategies a firm may use in order to overcome those challenges. Explain how exchange rates are determined in a floating exchange rate system and identify the key causes of

Public Services Management According to
Words: 4690 Length: 14 Pages Topic: Business - Management Paper #: 67874481

" (Bissessar, nd) the evidence showed, however "that the choice of 'new' methods of management had become a regional fad. Indeed the universality of NPM could not be disputed." (Bissessar, nd) New Public Management had been introduced in many countries including the United States, the United Kingdom, New Zealand, and Australia and "was accordingly considered a more than appropriate model for the Caribbean and Latin American states as well." (Bissessar,

Economic Models of Voting
Words: 1228 Length: 4 Pages Topic: Government Paper #: 72877973

Economic Models of Voting It is generally believed that the more the economy grows (or slows down), the more all voters reward (or punish) the incumbent party for improving (or worsening) their economic situation. Presidential approval ratings often drive the results of the economic models of voting. These approval ratings are typically conceptualized as capturing both non-economic factors and other economic factors beyond near-election economic growth. This paper will discuss two