Get The Hell Out Of My Way

Here is the situation;

Can you imagine how proud I was when, I finally bought the best price for two way flight ticket from Kuala Lumpur to Air Asia during Christmas holiday last year?

I went to several retail shops somewhere in New Town this morning and found no cooking oil. I actually don’t want to ask the shopkeeper as I know earlier the answer “shortage of supply”

Then, I saw in TV last night where enforcement agencies were so eager to ransacking every premise hoarding cooking oils, onions and other items and pledging to double triple their effort tracking down the perpetrator. Luckily, the government didn’t send trucks of army to confiscate all these items from proprietors!

Shortage of these items, the government blames private sectors. Someone’s portray of wonderful things about the government and the worst behavior of the markets.

And I had a dinner with my friend nearby and interestingly, he opined that the peoples are too overreacting over some government policies which they could address on their own as individual. This is personal responsibility which they do not exercise in maximal. Well, I think he feels that too much government 'occupations' and distorting his mandate as individual.

Why?

There are not many of us who aware of utilizing information and knowledge in their possession, purely reason making such great decision in any purchases or actions. Yeah, Firefly is offering better price than MAS and AirAsia and tempting me to use their service very soon. The choices I have and intense aviation industry certainly giving credit to the consumers. Don't we think it's damn beautiful if Malaysians enjoy such choices and variety of product and services without being suffocated by government regulations? What if the ideals of competition and unregulated takes place in providing broadband and transportation services?

The useful and relevant knowledge which Hayek’s did work often, no such entity on this planet including government has ability and capable to delving in others thought, perception, taste and opinion . I believe each one of us has localized ideas of what is going on within 'sovereign spheres' and how does this knowledge applying in our rational judgement.

Let me tell you this, government must come in limited form and acknowledging its superior power (e.g coercive and terrible crime) as artificial strength and deluded information. The inexorable of these lines resulted the policymakers and the policies itself become futile and create more painful lengthy bureaucratic layers. What happen in Malaysia, although all sorts of committee, regulations and laws to curb the ongoing issues ‘effectively’, apparently, outcomes goes contradict. Minister is wasting his time figuring out the solution seeing him as obligation of moral politics. Government is not the solution. I'm smart enough to self governed rather than regulators scrutinizing my details life.

The point here is lifting up price control. Lift up all distorting competition regulations and law. Government must pro business. When I prepared a write up about how Pakatan Rakyat could empower small and medium enterprises (SMEs) in the future, first and foremost, I asked myself, what do you define as pro business government according to free market principles? Today’s pro business allows chambers of commerce and big corporate influential figure lobbying government with the purpose to crush competition and even celebrating political ties among them! Sounds familiar?

How about this, the transaction involved Robert Kuok’s flagship PPB Group Bhd divesting its sugar related assets to Felda Global Ventures Holdings Sdn Bhd for RM1.5 billion in January 2010, and since then, the government has raised the selling price of sugar more than once. Government entities know best is the worst form of capitalism. I say it again, government, the monopoly of vast production and trade between individuals is the opposite of capitalism.

I usually prefer Atlas Shrugged 1957 by Ayn Rand values of government approach toward business. Freedom given to hardworking entrepreneurs and risk takers businessman, not giving handout or political favor. The government priority is protecting right to property, free trade and enforcing contracts. Get the hell out of my way, big government!