Thoughts, essays, and writings on Liberty. Written by the heirs of Patrick Henry.

“Though the earth, and all inferior creatures, be common to all men, yet every man has a property in his own person: this no body has any right to but himself. The labour of his body, and the work of his hands, we may say, are properly his. Whatsoever then he removes out of the state that nature hath provided, and left it in, he hath mixed his labour with, and joined to it something that is his own, and thereby makes it his property. It being by him removed from the common state nature hath placed it in, it hath by this labour something annexed to it, that excludes the common right of other men: for this labour being the unquestionable property of the labourer, no man but he can have a right to what that is once joined to, at least where there is enough, and as good, left in common for others.”     John Locke,    Two Treatises of Government, Of Property

February 12, 2007

The European Union: Enemy Of Capitalism

by Doug Mataconis

Just in case there was any doubt about what the European Union was really all about, this should clear things up:

In a move that is both remarkable and disturbing, the European Commission plans to file a complaint – and threaten protectionist trade barriers – because attractive Swiss tax policies are supposedly a violation of a free-trade accord. The bureaucrats in Brussels are not arguing that Switzerland is imposing barriers against EU products. Instead, the Commission actually is taking the position that low taxes are attracting businesses that might otherwise operate in high-tax nations. The implications of this radical assertion are breathtaking. It certainly is true that a nation with more laissez-faire policy will attract economic activity from neighbors with more burdensome levels of government. But if this migration of jobs and investment is a “distortion” or trade, then the only “solution” is complete and total harmonization of all taxes (and regulations, spending, etc). If the Euro-crats succeed with this argument at the European level, it will be just a matter of time before similar cases are filed at the World Trade Organization

Rather than filing a complaint, the obvious solution would be for EU member countries to lower their taxes to become more competitive with non-member Switzerland.  Of course, that would require the EU to abandon the “democratic” socialism that has become the center piece of the political systems of most of it’s members.


Permalink || Comments Off || Categories: Economics,Foreign Affairs,Free Trade
TrackBack URI: http://www.thelibertypapers.org/2007/02/12/the-european-union-enemy-of-capitalism/trackback/
Read more posts from
• • •

No Comments

No comments yet.

Comments RSS

Subscribe without commenting

Sorry, the comment form is closed at this time.

Powered by: WordPress • Template by: Eric • Banner #1, #3, #4 by Stephen Macklin • Banner #2 by Mark RaynerXML