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Saturday, August 15, 2020

Government: Dos and Donts

Let me define some terminologies in the beginning.
Government (sarkaar): Most of the tasks that government does, comes out of tax money.
Voluntary collective (samaaj): People supporting a cause who come together, pool money and work for the cause. Unlike the taxes collected by government under threat of a gun, the contribution to the collective is entirely voluntary. Example: Ramkrishna Mission, Resident Welfare Associations, etc.
Market (bazaar): Profits in free markets drive this entity. No coercion, only earning through customer satisfaction.

I prefer to restrict the government to as less number of areas as possible. The acceptable government tasks are those which need some form of physical coercion/force for the greater good. And the government having monopoly of violence is ideally suited to perform those. Like police, military, judiciary, community discipline in case of pandemic etc.
I want to explain the activities of my fantasy government with some examples:
Task Responsibility
Impoverished seniors Voluntary collective
Military spending Government
Community health, pandemic Government
Education for poor Voluntary collective
Helthcare for poor Voluntary collective
Homelessness Voluntary collective
UBI Voluntary collective
Bail out industry Market. Industry should create its own rainy day buffer out of its profit/initial investment. If no longer feasible to run the industry, shut it down.
Regulatory Agencies. RBI, IRDA, CSRIL, RERA Government. It is government's job to prevent chaos across industries such as Finance, Insurance Real estate. Thanks to Ashutosh for this point.
Non intrusive testing/tracing capabilities for pandemic management Government. This is public-health-issue, as opposed to personal healthcare. But I cannot imagine any government building a tracking/tracing capability which it won't misuse by invading into citizen privacy. Honouring privacy requires ethics of the highest order, and no government can maintain high ethics.

None of the ideas is my original. It is a synthesis of ideas that I picked up over the years from Swaminomics, Atanu Dey, Gurucharan Das, Paul Graham, Ayn Rand, Amlan Dutta, Ashok Desai.

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