Oh, of course things should be better, and I think we're getting there slowly. Even Marx said that we can't skip the cycle or we'll be swept to the banks.
Right now, government is too inefficient, in my opinion, to be trusted with the livelihoods of citizens dependent on the economy. To me, the solution for citizens who can't be trusted to make sound, economic choices is not to have a committee of citizens make those choices for everyone else. For example, look at the superfluous spending on defense (in the US at least). Couldn't that money be better used for infrastructure, healthcare, or even better, to be placed back into the pockets of our people?
Sure, there are ways to better spend our dollars, but because of politics, agency costs, and interest groups, government spending will eventually return to an archaic spending method that does not best meet the needs of the people.
Oh, of course things should be better, and I think we're getting there slowly. Even Marx said that we can't skip the cycle or we'll be swept to the banks.
Right now, government is too inefficient, in my opinion, to be trusted with the livelihoods of citizens dependent on the economy. To me, the solution for citizens who can't be trusted to make sound, economic choices is not to have a committee of citizens make those choices for everyone else. For example, look at the superfluous spending on defense (in the US at least). Couldn't that money be better used for infrastructure, healthcare, or even better, to be placed back into the pockets of our people?
Sure, there are ways to better spend our dollars, but because of politics, agency costs, and interest groups, government spending will eventually return to an archaic spending method that does not best meet the needs of the people.