Right now, the Whole Foods Market chain is trying to buy the Wild Oats chain. This is an honorable move: Whole Foods is exchanging money that it has earned through serving society for a business with the consent of the owners of that business. Other than that, it's nobody else's business.
But the federal government is attempting to stop the trade. The federal government does not own Wild Oats, and therefore if they attempt to force their way on the subject, they are effectively stealing Wild Oats and/or Whole Foods. They may permit the true owners of these companies to retain some ownership rights, but as long as these owners have to get permission from some other party to do as they wish with what is their own, they are no longer truly owners, but instead stewards appointed by the true owners: government.
And that government says that it is representing you and me. I don't own a single share of either company. Do you? Could you explain why your agents are harassing these free citizens? If it's not moral for you to tell Wild Oats who they can and cannot sell their company to, then how did you delegate that authority to the government that is acting on your behalf and claims to derive its authority from you?
You can find a lot of writing demonstrating what a bad idea it is to allow government to forbid mergers and acquisitions that arise naturally in a free market. It harms all of us. But assuming you're a Christian reader, shouldn't it be enough to just know that God does not give us dominion over the property of other people, instead commanding us "Thou shalt not steal?"
You can also find Whole Foods CEO John Mackey's blog and read the case he makes, that Whole Foods purchasing Wild Oats will help, not harm, consumers. Of course it will help them! Whole Foods cannot make money without helping consumers. That's how businesses get consumers to give them money. The alternative is to steal the money, which can be accomplished by direct force or by using one's government to enact laws and use force indirectly. Isn't it strange that the government says it's a bad thing when Whole Foods tries to serve people, but says it's a good thing when they (the government) restrict private property rights and the free market and damage the market's ability to help people?
"Woe to those who call evil good, and good evil." (Isaiah 5:20)
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2007-07-12
Whole Foods bludgeoned by Mafia for serving the public
Posted by David at 7/12/2007 06:58:00 PM
Labels: anti-trust, freedom, Whole Foods
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