Wednesday, June 01, 2005

Sustainable what?

The Leftist is the one who most often uses the phrase "sustainable development" when he suggests this and that State-interference with the free market. He says we must have encourage development "that meets the needs of the present without compromising the ability of future generations to meet their own needs" (#), but while this all sounds well and good is a grossly misunderstood term in a free market society where the needs of today can in no way be predicted to be the needs of the future. Further details on that here

But the sustainability is not in general something the Leftists cares much about. The Leftist does not want companies to be sustainable. A sustainable company might be defined as a company that runs today without compromising the ability of future owners/shareholders to run it in the future. In other words - a company that makes profit! The Leftist is all the more keen on companies being in the hands of the State, and not necessarily making a profit because the Leftist has few objections to State-sponsorship to selected enterprises (health care, education, regulation, supervision, monitoring).

In short - those who decorate themselves with the word "sustainable" do so only when it suits their fight for a bigger State and more regulation. Isn't that strangely consistent for a statist? ..and yet so inconsistent for a person.

No comments: