In the eyes of governments, writes Ben O’Neill, the private sector is a big buffet table. The enticing cuisine is just sitting there, waiting to be dished out to satisfy the appetites of the rent seekers who reinforce government power. This is not merely a consequence of the statist inclinations of the ministers and bureaucrats in power at any given time.
In fact, the interests of these rent seekers is carefully entrenched in the very fabric and vocabulary of the government decision-making process, where they are routinely consulted as “stakeholders” in decisions that concern their “interests.” And of course, this includes decisions that encroach on the rights of property owners to the benefit of these rent seekers, either through restraining the ability of the former to freely use their property, or through outright confiscation. FULL ARTICLE