And you're totally misunderstanding my position. I am arguing for economic development because it is the most effective means of saving and enriching human life.
>You're arguing that minute interventions have enormous effects
First of all, not all the interventions are minute. Social Security or Medicare redistribution, is not minute. But the effects take a long time to manifest themselves. Lower levels of private sector investment only manifest themselves as less growth in GDP statistics years later, and can even boost GDP statistics in the short run.
Second, thousands of minute interventions over the course of decades do have enormous effects.
You're right. It's extremely nonobvious, because you're not making an argument from a position of fact but from a position of principle. Which is my point.
If GDP is 80% lower than it should be, I think you'd be able to demonstrate that.
You know who had experienced absurd GDP growth? China. Not that I think the Chinese model is what we should strive for, but I don't know how interventionism is clearly bad when interventionist governments like China have been growing so aggressively.
It is not obvious because it would require a person reading many pages of dense economic data. Obviously the average voter is not going to do that.
>but I don't know how interventionism is clearly bad when interventionist governments like China have been growing so aggressively.
China's economic growth increased substantially after it instituted pro-market reforms in the early 1980s. It also imposes far lower levels of income redistribution in the form of social welfare spending as a percentage of GDP.