But the government monopolizes such fraudulent practices. It collects funds on false pretenses and squanders them on current expenses and other adventures. It scams for loans collateralized by coerced retirement contributions and fictitious trust funds and uses the proceeds in the same promiscuous manner, all in the so-called public interest, of course. Few realize that FICA is just another income tax and that their Social Security accounts are a pure fiction. As a purely opportunistic institution, political government is permanently blind to equity.
Equity is impossible without ownership and ownership is alien to politics.
Indeed, politics fundamentally preys on proprietorship for its sustenance and that is a cost to society which is a total and irretrievable loss. Social security is just one example. Since politics is contrary to proprietorship, it is hostile to human welfare by nature. This is an irredeemable defect that cannot be remedied, reformed or mitigated. Notice how the political response to the glaring inequities in the governmental schemes of coercive redistribution is nothing more than a massage of dizzy formulas leaving rake- offs untouched.