when you said a reduction in government power, what I heard was essentially less money, smaller government.
That too, but not only that. There is nothing tricky here, I’m using the word “power” in its straightforward meaning. Power includes money, but it also includes things like the monopoly on (legal) violence, the ability to create and enforce laws and regulations, give or withhold permission to do something (e.g. occupational licensing), etc. etc.
That too, but not only that. There is nothing tricky here, I’m using the word “power” in its straightforward meaning. Power includes money, but it also includes things like the monopoly on (legal) violence, the ability to create and enforce laws and regulations, give or withhold permission to do something (e.g. occupational licensing), etc. etc.