“Green” Energy: It’s Just a Bribe
By Robert Bradley Jr. -- October 16, 2024
“’I’m a businessman. I’ll take the [government green] money, that’s all I care about… I will move heaven and earth to get projects done over here’.” – James Quigley, quoted in Politico ‘s “Power Switch” (below)
In the mid-19th century, Claude-Frédéric Bastiat, a political economist, wrote:
Government is the great fiction through which everyone endeavors to live at the expense of everyone else. Every one is, more or less, for profiting by the labors of others. No one would dare to express such a sentiment; he even hides it from himself.
The Frenchman added:
When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it.
Correct. Government does not create wealth; it redistributes it (after a large cut). Who wins and loses? The winners are government, the lobbyists, and the rent-seekers, with concentrated benefits to them and diffused costs for the rest of us. Plunder, Bastiat would say.
https://www.masterresource.org/rent-seeking/green-energy-bribe/
