GUEST COLUMN: Conservative solution to “wake up” businesses | Community
Many companies have spoken out against the voters’ law in Georgia. If they had read the bill, they would know that the bill allows for rational verification of the identity of voters, increases the number of days that ballot boxes are open and allows polling officers to donate water. , etc. to voters. These points appear to have been missed by the Coca-Cola Corp. and Major League Baseball.
But can we really blame companies for following their self-interest? As long as the Democratic Party controls the federal government and national culture, business will follow the Democratic Party’s rhetoric.
So what should the Conservatives do in our current climate?
Our failure is not to expect companies to stay out of politics, but to allow a few companies to gain so much market share that they feel confident enough to enter politics regardless. consequences. These companies do not fear losing their customer market share or their politician supporting market share.
The fact that companies are big enough to ignore the market when making decisions shows a failure in our current economic system. The proper rules of free market capitalism require companies not to be allowed to gain too much market share, as they then begin to circumvent the rules and frameworks of the market. This allows them to do things differently from other smaller participants.
In the same way that a football game no longer serves all players, when two to three players have bought out the rest of the team, free markets no longer serve the middle class when two to three companies have bought most of the team. rest of the team. their market.
What is the conservative solution to this problem?
The Conservatives have not always supported big business. The engine of conservatism has always been individual freedom. Since the 1960s and the Great Society of President Lyndon Johnson, which saw a massive expansion in federal government activity, the greatest threat to individual liberty in America has been a large federal government in Washington, DC This opposition to a large federal government naturally led the Conservatives to support its private enterprise, the polar opposite.
This has been the general understanding and mindset of the conservatist movement over the past 50 years. Now, here in 2021, we are seeing another change. The threat to individual freedom does not come only from big governments, but also from big corporations.
This happens in almost every industry, where two to four companies control most of their respective markets.
Three companies issue 95% of all credit cards. Four companies operate 70% of all airline flights. Two companies produce 90% of the beer. The two major health insurance companies have 80-90% of the market in most states. The list goes on.
When corporations gain so much power, they, like a large federal government, become a threat to individual liberty and liberty. Companies with so much market power and market share have the power to set wages, hours, place of work, recipient cities and our general societal culture.
The fact that most of our markets are dominated by a few companies is why we feel our society now lives to work, instead of work to live.
It’s also why so many middle-class families feel on a financial treadmill even after doing all the “right” things.
The solution is simple. The last time this happened in American society, the Republicans, the Freedom Party under Teddy Roosevelt, worked to bust big business. They did it not out of contempt for big business, but to restore the principles of free market capitalism.
We fought against big business, not to punish success, but to restore the balance of private enterprise and to level the playing field for small and large businesses.
If Republicans in Washington, DC truly believe in individual freedom, they will start working again towards a real version of free market capitalism. It is not this version of crony capitalism that we have now that results in socialism for the big and powerful, and libertarianism for everyone else.
Aditya Atholi is a graduate of Center High School and Rice University. He has worked at local, state and federal government levels. He is a former Navy artillery officer who currently lives and works in Deep East Texas.