The decline of Bureaucratic Elites and the Rise of Thatcherism

I agree, but can this kind of capitalism has isn't a truly 'free" market. In my opinion there should be a disctinction made between economic liberalism and the corporative capitalism we have now.

thanks for thses united britiania i loved yes minister and i want to understand
history

Your welcome - I hope you'll find the other clips informative. YouTube can be a great tool for educating people about the world we live in. Ignorance is the enemy of freedom, remember that!

"A lot of commercial production is not real production either because it is consumed (and therefore thrown away)."

The objective of production is consumption. Producing stuff that is not either consumed or part of the process of producing consumables is retarded.

what's the song that starts at 2:00?

It's "Age of Consent" by New Order from the album "Power, Corruption and Lies". Great track, from a great band, from a great album!

i am interested by this idea of yours about 'interested individuals' and voluntary interaction but are not entirely sure about the way in which this would work. How, for instance are you to find these individuals who wish to work for a government that any level headed person distrusts?

> who wish to work for a government that any level headed person distrusts?

None, of course. Voluntary interaction is not government, since government is the institution of coercion.

That means that people build what they want built, not what is politically expedient. Roads, dams, canals, bridges, social insurance, police, all existed prior to government taking over their funding and making them coercive.

There is a need, a demand for services, best met by interested individuals cooperating.

Sorry for the multiple postings, I'd add this to the other if I could.

mises.o rg/humanaction/chap30sec2.a sp

"But if the government fixes prices at a height different from what the market would have fixed if left alone, this equilibrium of demand and supply is disturbed."

Also, there is a great deal of difference between "consume" and "throw away".

Throw away food, the ultimate consumable, people starve.