The Role of Government
"The people are the government, administering it by their agents; they are the government, the sovereign power"! Andrew Jackson - President of the United States (1829–1837)
The debate surrounding the role of government spans many centuries – where one camp believes in big government (which intervenes in all areas of your life), while another believes in small government (which is constitutionally limited).
The ASP aligns itself with the philosophy of having a small and constitutionally limited government, whose functions are restricted to:
Regulations for a level playing field.
Governments can affect all aspects of the economy and that of the open market. To date, the open market is the most efficient and effective mechanism for allocating scarce resources and for facilitating the creation of wealth - but when it fails to operate in the best interests of the people, then some form of limited government intervention is required.
Events that would necessitate such government intervention are the formation of cartels, monopolies, unfair policies enforced by special interest groups, the suppression of competition, the erection of barriers to entry into markets, foreign agencies such as the WTO dictating terms of trade, the destruction of the environment etc .....
To ensure that choice is not limited, that individual rights are not violated and that the environment is not harmed - the government should have the right to implement the following economic guidelines:
"In a government of laws, the existence of the government will be imperilled if it fails to observe the law scrupulously. Our government is the potent, the omnipotent teacher. For good or ill, it teaches the whole people by its example. If government becomes a lawbreaker it breeds contempt for law: it invites every man to become a law unto himself. It invites anarchy"! Justice Brandeis