Re: CHARTS: Here's What The Wall Street Protesters Are So Angry About...
The natural monopolies are invisible to your eyes due to regulation.
The lack of regulation in specific industries has nothing to do with the capability of government to rein in monopolies, but everything to do with regulatory capture.
Anyone who believes that taxation is unnecessary directly and completely believes also that government is unnecessary, because you cannot have one without the other.
To pretend that these issues are unrelated is hypocrisy.
This would be much more credible if the reality wasn't that libertarians just want their own way even if everyone else - a majority or even a super-majority - disagree.
It is very much the political equivalent of taking your ball home because you don't like the way the game is played.
Over and over I keep hearing the same meme: my 'natural rights' are being violated even though the laws which are doing so exist from due process of our existing political system.
What you are saying then is that you only agree with our existing political system if it accomplishes what you want out of it, otherwise it is immoral.
As I've pointed out again and again: morality is a function of society. If society says taxation is moral, why then are libertarians defining taxation differently?
Are you seriously trying to say that child labor was wonderful because it helped children work their way into prosperity?
Child labor was there because it was cheap. Women were more expensive. Unskilled men were more expensive than women. And so forth.
Children are better off today not because of their past labor, but because overall society's productivity and wealth has grown, and children ultimately are a better societal investment if they are educated rather than fed into industry as the bottom tier labor resource.
As for your example, these conditions existed because of rentier monopolization of land. In the past, there were large areas which were open for use as much due to an inability to easily define boundaries as anything else.
After fencing became cheap, those who lived on or used this open land were no longer able to do so.
If you're going to use historical examples, at least try to be factual.
Originally posted by Ghent12
The lack of regulation in specific industries has nothing to do with the capability of government to rein in monopolies, but everything to do with regulatory capture.
Originally posted by Ghent12
To pretend that these issues are unrelated is hypocrisy.
Originally posted by Ghent12
It is very much the political equivalent of taking your ball home because you don't like the way the game is played.
Over and over I keep hearing the same meme: my 'natural rights' are being violated even though the laws which are doing so exist from due process of our existing political system.
What you are saying then is that you only agree with our existing political system if it accomplishes what you want out of it, otherwise it is immoral.
As I've pointed out again and again: morality is a function of society. If society says taxation is moral, why then are libertarians defining taxation differently?
Originally posted by Sharky
Child labor was there because it was cheap. Women were more expensive. Unskilled men were more expensive than women. And so forth.
Children are better off today not because of their past labor, but because overall society's productivity and wealth has grown, and children ultimately are a better societal investment if they are educated rather than fed into industry as the bottom tier labor resource.
As for your example, these conditions existed because of rentier monopolization of land. In the past, there were large areas which were open for use as much due to an inability to easily define boundaries as anything else.
After fencing became cheap, those who lived on or used this open land were no longer able to do so.
If you're going to use historical examples, at least try to be factual.
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