One of the great and most persistent errors of classical liberals is to believe in “good government,” a government that does “what it is supposed to do.”
There is nothing the state can do, and which society needs done, that cannot be done far better by the market. Another point that is just as telling: no state empowered to do what is supposedly necessary will restrain itself to those things. It will expand as much as public opinion will tolerate.
Sometimes the point is easier to see when looking at foreign governments, such as the tragic case of China. FULL ARTICLE