Those who want to rule the world fear the market price for this reason, but peaceful people experience it as a gentle force that grounds our daily lives in reality in the midst of artificiality, pomp, and phoniness. The powerful can shake their fists at it, the intellectual class may curse it, and the moralists can denounce it, but no one can make it obey the dictates of those who purport to stand above it, much less make it go away. The market price is our salvation from the despotism of those who would rule us. The price of gas is a lovely example. And who benefits in the end? You and I. All the activities of the market are ultimately directed toward pleasing the consumers, the 99 percent who are the real rulers of the world. The 1 percent have no power in the face of global forces of competition, supply, and demand. Take comfort from the gasoline price. It indicates that the powerful aren’t really what they believe they are. In the long run, decentralized markets always outpace and outwit the ability of elites to dictate and manipulate them. Every penny by which the price drops signals to the world: freedom can prevail even in a world in which the powerful are conspiring to destroy it.
Posted on: Wed, 14 Jan 2015 11:28:43 +0000
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