The solution is easy. Limit annual wealth and capital accumulation to 100 times the annual federal poverty level. Can still have free markets, incentive, and capitalism without obscene wealth and power accumulation.
Pure capitalism (ie with sound money) reduces inequality without the need for the State to control wealth. Which is intrusive, tyrannical and causes misery by preventing investment and productivity.
uh-oh we have an Austrian school economist here... governments are always bad and corporations are always good. Sorry, the reality of civilization is a lot more complex than that. Pure unregulated capitalism leads to Vanguard, Black Rock, Pfizer, Amazon... entities that dominate all the market share and end up destroying the free market.
You must never have listened to a libertarian before so I suppose I'm wasting my time, but that's not the way libertarians think. It's actually a projection of your way of thinking.
You believe that you can make good use of aggression, ie the initiation of violence. That regulation, ie top-down control, otherwise known as socialism, would work if you were in charge, that it only ever fails because those in charge are not good and smart enough, and that the rest of us must comply.
We believe the only legitimate social order is the complete absence of constraint, ie the absolute respect of property, and we can prove that it is also optimal.
There is no need to coerce into harmony what is harmonic to begin with (Frédéric Bastiat).
Of course violence is legitimate against agression, which does not come only from the State but is no less unjust and destructive when it does.
So no, we don't believe that Pfizer is good.
But Pfizer is consistent with what libertarians have been warning that State interventions would create.
If the economy of healthcare was free and unregulated, Pfizer as we know it would not exist. Pharmas would provide services to us directly or via our doctors, whom we would pay directly or through our health insurance, which lose money when we are sick and more when we die.
Bu we have a healthcare system paid with our taxes, which is extorted money. People in control of profit, monetary or otherwise, from us being sick and dying. Pfizer simply adapted to that.
Big corporations are often a consequence of socialism and their leaders no libertarians.
And there would be much more to say about the deleterious consequences of the unsound currency imposed on us.
Harry, you are an ideologue, fundamentalist, zealot in your economic philosophy. What the extreme libertairians forget is that civilization on all levels (family, workplace, neighborhood, nation-state) requires some individual deference to the community AND also requies an organizing power (rules, leadership, enforcement) called "governance." History has shown both negatives and positives to various political economic systems. In the US we have real-estate taxes imposed to fund fire protection, roads, police, schools, libraries, parks, community centers, etc. The "commons" so to speak require a minimal form of "democratic socialism" and would not be possible in a purely libertarian/anarchist system. Does that mean we should have autocratic, centralized control over all aspects of life... of course not! But you cannot pretend (unless you live alone as a mountain man or survivalist) that some form of societal governance, regulation, and laws are not necessary. I do not belive in "equality" as taught by socialism's worst examples (Mao, Stallin, etc). I believe in "equality of opportunity" where one is free to accumulate somewhat more power and wealth than another that is less motivated or creative. I believe in the self-regulating power of a free market, TO A POINT. A hundred to one differential in wealth is enough to sustain freedom and opportunity for 99.999 of humans. When the wealth differental is unlimited the system fails. When Bill Gates buys all the farmland in the US, and Black Rock buys up all the housing stock the system crashes. Anyway, libertarianism is the best system when it is maintained by a check on unlimited wealth/power accumulation. I'm not worried about the Howard Roark's of the world, I'm worried about the minimum opportunites and market share necessary for a truly functioning free market for the majority of participants.
Respect for property is the only principle required. Including for land. Social norms follow. Experience has shown that prosperity correlates with the respect for property.
Libertarianism is actually not about economics, but much socialist superstitions are (like "capitalism increases inequalities") and we have to debunk them.
It is logically demonstrable that the no social progress can be achieved through coercion. Which is good news - unless you prefer violence ?
We do not pretend that violence can be eradicated or be just (defensive violence) but we say and we prove that no social progress can be based on systematic aggression rather than freedom.
There is no proof that police, firefighters, and schools cannot be provided without coercion and extorsion.
Let alone healthcare. As Thomas Sowell puts it "It is amazing that people who think we cannot afford to pay for doctors, hospitals, and medication somehow think that we can afford to pay for doctors, hospitals, medication and a government bureaucracy to administer it."
Superstitions.
All we try to destroy is superstitions. Let me try to make you see why freedom not taxation leads to what you want: Less inequality - so you might know what you disagree with. Don't be fooled by money: The only way to reduce inequalities is to reduce scarcity, ie produce more with less, ie productivity. Which only comes from investment which comes from savings. Sound currency is essential to distinguish real value creation.
As Bastiat puts it, as the value of capital grows in absolute terms, it shrinks w/r to labor as a share of produced value. Practically: When Ford hired a worker to build a T-model, this worker became instantly more productive by no merit of his own. The whole society benefitted from the fact that this worker produced more value. As Ford grew very rich, the US developped a middle class (and proved Marx wrong).
A machine that does not make workers more productive is worth zero.
Marx was proven wrong on this point by the middle class - the exact opposite of his forecast.
We libertarians believe that inequalities grow because of massive ever growing government and very unsound currency. Receding capitalism, growing inequalities: One again we are vindicated by facts.
We both want less inequality but why try (and fail) to achieve through yet more coercion what would naturally follow from less coercion ?
Government/technocracy/bureaucracy is the problem, not the solution.
Our predicament was accurately predicted by the austrians and the solution is: Revert to sound currency and deregulate. Which is how you respect freedom/agency and avoid bureaucracy/technocracy: With deregulation and sound currency prices aggregate our value judgements - each and every one among us.
Trade unbalance and its consequences (offshoring, industrial decay...) is a direct consequence of unsound currency. The gold standard did not fail, it was suppressed because it was successful. You can't have unbalanced trade when you pay with gold. Free trade does not need treaties thousands of pages thick. It takes no tariff and sound currency.
Government/technocracy/bureaucracy is the problem, not the solution.
Our predicament was accurately predicted by the austrians and the solution is: Revert to sound currency and deregulate. Which is how you respect freedom/agency and avoid bureaucracy/technocracy: With deregulation and sound currency prices aggregate our value judgements - each and every one among us.
Trade unbalance and its consequences (offshoring, industrial decay...) is a direct consequence of unsound currency. The gold standard did not fail, it was suppressed because it was successful. You can't have unbalanced trade when you pay with gold. Free trade does not need treaties thousands of pages thick. It takes no tariff and sound currency.
My wish would be for all people on earth to be Christians. The real actual "love God above all else" and "love your neighbor as yourself" kind. If all truly followed the teachings of Christ, we would be living heaven on earth.
As several others have commented, I love the idea to “set 8 billion people free, let them use their voice, get out of their way, and let them create from their own intuitive sense of wonder and purpose.” Yes, please! 🙌
"And what these technocrats will propose instead is to micromanage the global population through behavioral economics and bio-fascism."
When I saw this sentence, my heart sank. I knew instinctively what was meant by "behavioral economics," but I went to search for a definition from its proponents.
"Behavioral economics combines elements of economics and psychology to understand how and why people behave the way they do in the real world. It differs from neoclassical economics, which assumes that most people have well-defined preferences and make well-informed, self-interested decisions based on those preferences.
Shaped by the field-defining work of University of Chicago scholar and Nobel laureate Richard Thaler, behavioral economics examines the differences between what people 'should' do and what they actually do and the consequences of those actions.
Several principles have emerged from behavioral economics research that have helped economists better understand human economic behavior. From these principles, governments and businesses have developed policy frameworks to encourage people to make particular choices."
Thank You for your wisdom and knowledge. You’re so appreciated! Can we talk about what I believe is the end game…….and the main reason people are getting sick?
Five G and the obnoxious and overwhelming spraying in the sky’s that’s poisoning us every moment of every day? My phone alone gets so hot and my hands itch if on it for longer than 10 min. Especially during peak hours.
This needs to be brought to the for front…..
Like yesterday! I’m aware and have done a lot to protect myself and my family but most are clueless!
To answer your question - restore the Consitution as was intended and...................
APPALLED AND HORRIFIED AT INSANE TYRANNICAL PROTOCOLS THAT HAVE NOTHING TO DO WITH HEALTH AND EVERYTHING TO DO WITH TOTALITARIAN CONTROL! REVERSE THIS NOW!
MAKE NY AND AMERICA 2019 AND FREE AGAIN!
NO, I AM NOT AFRAID OF THE MORONIC SCARIANT SHMARIANT! WAKE UP ALREADY!
TOTALLY CONDEMN BIDEN AND ALL OTHER POLS WHO HAVE NO POWER TO LAWLESSLY ACT LIKE AN EMPEROR OR DICTATOR AND DECREE JAB CROW 'SHOW ME YOUR PAPERS' FASCIST SEGREGATION/DISCRIMINATION/APARTHEID VIOLATIONS OF THE CONSTITUTION, THE NUREMBERG CODES AND EVERY CIVIL RIGHT IMAGINABLE.
NO GREEN NEW DEALS OR BUILD BACK BETTER FROM THE CRIMINAL TECHNOCRAT TYRANTS KLAUS SCHWAB AND HIS CRONIES FROM THE WORLD ECONOMIC FORUM.
STOP THE TERRIBLE TYRANNY OF THE TECHNOCRATS GLOBAL AGENDA OF TOTAL SURVEILLANCE AND CONTROL USING THE VIRUS AS EXCUSE AND PROPAGANDA TOOL!
NO MUZZLING STIFLING MASK MANDATES! NO FORCED VACCINES! END TORTUROUS DEVASTATING LOCK DOWNS NOW! I WANT MY LIFE BACK.
The Billionaires have hired multi Millionaires to rewrite...Mein Kampf you mean. Or was it summit aboot a dead bloody hand? No, no, it's a cyborg hand...and THE DEAD EYE OPENED😱 Technocrapshoot, jeezus, how I hate, loathe and despise moralistic, do-god-er (sic) earnest murderers. It makes me reach for my Luger.
Has anybody here read John Grey and his masterwork "Black Mass"?
"...Utopias are, Gray tells us, “dreams of collective deliverance that in waking life are found to be nightmares"
Technonazis have a Vision. They want You to SEE it, if they have to pluck your fucking eyes out to point them at the Way. And We stupid, trusting semi animals keep ruining The Uplifting. Zealots ALWAYS know best, dontcha know?
Another interesting dude is Peter Turchin, Russian, taught at Conneticut U(?), ex ecologist/biologist who applied Math to History (go figure;). His interesting theory was published as book in '06 "War & Peace & War". Main takeaway is that Elites over produce Elites which create Counter Elites, who use the common people to overthrow the previous Elites. Same old, same old, forever. So I fantasize; Frank Herbert wrote tantalisingly of The Butlerian Jihad, the overthrow of The Machines, pre-Dune. Neal Stephenson wrote of The Cryptonomicon, an unhackable Private Data Space. I can dream of a breakaway A.I. that banishes ALL Secrets, opens ALL Doors, so NOBODY can hide money or bodies... 'til then it's all just Killing Fields, until we are plowed under....
Oh, the joys of technocracy. Hope Patrick Wood at Technocracy News links your excellent article. Linking tomorrow @https://nothingnewunderthesun2016.com/
The solution is easy. Limit annual wealth and capital accumulation to 100 times the annual federal poverty level. Can still have free markets, incentive, and capitalism without obscene wealth and power accumulation.
Pure capitalism (ie with sound money) reduces inequality without the need for the State to control wealth. Which is intrusive, tyrannical and causes misery by preventing investment and productivity.
uh-oh we have an Austrian school economist here... governments are always bad and corporations are always good. Sorry, the reality of civilization is a lot more complex than that. Pure unregulated capitalism leads to Vanguard, Black Rock, Pfizer, Amazon... entities that dominate all the market share and end up destroying the free market.
No.
You must never have listened to a libertarian before so I suppose I'm wasting my time, but that's not the way libertarians think. It's actually a projection of your way of thinking.
You believe that you can make good use of aggression, ie the initiation of violence. That regulation, ie top-down control, otherwise known as socialism, would work if you were in charge, that it only ever fails because those in charge are not good and smart enough, and that the rest of us must comply.
We believe the only legitimate social order is the complete absence of constraint, ie the absolute respect of property, and we can prove that it is also optimal.
There is no need to coerce into harmony what is harmonic to begin with (Frédéric Bastiat).
Of course violence is legitimate against agression, which does not come only from the State but is no less unjust and destructive when it does.
So no, we don't believe that Pfizer is good.
But Pfizer is consistent with what libertarians have been warning that State interventions would create.
If the economy of healthcare was free and unregulated, Pfizer as we know it would not exist. Pharmas would provide services to us directly or via our doctors, whom we would pay directly or through our health insurance, which lose money when we are sick and more when we die.
Bu we have a healthcare system paid with our taxes, which is extorted money. People in control of profit, monetary or otherwise, from us being sick and dying. Pfizer simply adapted to that.
Big corporations are often a consequence of socialism and their leaders no libertarians.
And there would be much more to say about the deleterious consequences of the unsound currency imposed on us.
Renounce agression.
Harry, you are an ideologue, fundamentalist, zealot in your economic philosophy. What the extreme libertairians forget is that civilization on all levels (family, workplace, neighborhood, nation-state) requires some individual deference to the community AND also requies an organizing power (rules, leadership, enforcement) called "governance." History has shown both negatives and positives to various political economic systems. In the US we have real-estate taxes imposed to fund fire protection, roads, police, schools, libraries, parks, community centers, etc. The "commons" so to speak require a minimal form of "democratic socialism" and would not be possible in a purely libertarian/anarchist system. Does that mean we should have autocratic, centralized control over all aspects of life... of course not! But you cannot pretend (unless you live alone as a mountain man or survivalist) that some form of societal governance, regulation, and laws are not necessary. I do not belive in "equality" as taught by socialism's worst examples (Mao, Stallin, etc). I believe in "equality of opportunity" where one is free to accumulate somewhat more power and wealth than another that is less motivated or creative. I believe in the self-regulating power of a free market, TO A POINT. A hundred to one differential in wealth is enough to sustain freedom and opportunity for 99.999 of humans. When the wealth differental is unlimited the system fails. When Bill Gates buys all the farmland in the US, and Black Rock buys up all the housing stock the system crashes. Anyway, libertarianism is the best system when it is maintained by a check on unlimited wealth/power accumulation. I'm not worried about the Howard Roark's of the world, I'm worried about the minimum opportunites and market share necessary for a truly functioning free market for the majority of participants.
Respect for property is the only principle required. Including for land. Social norms follow. Experience has shown that prosperity correlates with the respect for property.
Libertarianism is actually not about economics, but much socialist superstitions are (like "capitalism increases inequalities") and we have to debunk them.
It is logically demonstrable that the no social progress can be achieved through coercion. Which is good news - unless you prefer violence ?
We do not pretend that violence can be eradicated or be just (defensive violence) but we say and we prove that no social progress can be based on systematic aggression rather than freedom.
There is no proof that police, firefighters, and schools cannot be provided without coercion and extorsion.
Let alone healthcare. As Thomas Sowell puts it "It is amazing that people who think we cannot afford to pay for doctors, hospitals, and medication somehow think that we can afford to pay for doctors, hospitals, medication and a government bureaucracy to administer it."
Superstitions.
All we try to destroy is superstitions. Let me try to make you see why freedom not taxation leads to what you want: Less inequality - so you might know what you disagree with. Don't be fooled by money: The only way to reduce inequalities is to reduce scarcity, ie produce more with less, ie productivity. Which only comes from investment which comes from savings. Sound currency is essential to distinguish real value creation.
As Bastiat puts it, as the value of capital grows in absolute terms, it shrinks w/r to labor as a share of produced value. Practically: When Ford hired a worker to build a T-model, this worker became instantly more productive by no merit of his own. The whole society benefitted from the fact that this worker produced more value. As Ford grew very rich, the US developped a middle class (and proved Marx wrong).
A machine that does not make workers more productive is worth zero.
Marx was proven wrong on this point by the middle class - the exact opposite of his forecast.
We libertarians believe that inequalities grow because of massive ever growing government and very unsound currency. Receding capitalism, growing inequalities: One again we are vindicated by facts.
We both want less inequality but why try (and fail) to achieve through yet more coercion what would naturally follow from less coercion ?
Government/technocracy/bureaucracy is the problem, not the solution.
Our predicament was accurately predicted by the austrians and the solution is: Revert to sound currency and deregulate. Which is how you respect freedom/agency and avoid bureaucracy/technocracy: With deregulation and sound currency prices aggregate our value judgements - each and every one among us.
Trade unbalance and its consequences (offshoring, industrial decay...) is a direct consequence of unsound currency. The gold standard did not fail, it was suppressed because it was successful. You can't have unbalanced trade when you pay with gold. Free trade does not need treaties thousands of pages thick. It takes no tariff and sound currency.
Government/technocracy/bureaucracy is the problem, not the solution.
Our predicament was accurately predicted by the austrians and the solution is: Revert to sound currency and deregulate. Which is how you respect freedom/agency and avoid bureaucracy/technocracy: With deregulation and sound currency prices aggregate our value judgements - each and every one among us.
Trade unbalance and its consequences (offshoring, industrial decay...) is a direct consequence of unsound currency. The gold standard did not fail, it was suppressed because it was successful. You can't have unbalanced trade when you pay with gold. Free trade does not need treaties thousands of pages thick. It takes no tariff and sound currency.
Common sense is definitely needed from all citizens…wake beautiful people. WE CANNOT DEPEND ON POLITICIANS.
This is the important territory to cover. Thank you for this focus.
Thanks once again Toby Rogers for a very thoughtful essay.
Here in Australia, almost to a person, it is agreed that we need to “make and create” more for ourselves.
We live in a big land with plenty of resources but we make NOTHING we wait like baby birds in the nest with open mouths to be fed.
This is not healthy, and it does not make for happy lives.
It is only one thing but it seems to be something we have to address.
My wish would be for all people on earth to be Christians. The real actual "love God above all else" and "love your neighbor as yourself" kind. If all truly followed the teachings of Christ, we would be living heaven on earth.
As several others have commented, I love the idea to “set 8 billion people free, let them use their voice, get out of their way, and let them create from their own intuitive sense of wonder and purpose.” Yes, please! 🙌
We all need to pay attention & everyone needs to WAKE UP! This is not going to happen if we continue to do our part & speak up
"And what these technocrats will propose instead is to micromanage the global population through behavioral economics and bio-fascism."
When I saw this sentence, my heart sank. I knew instinctively what was meant by "behavioral economics," but I went to search for a definition from its proponents.
"Behavioral economics combines elements of economics and psychology to understand how and why people behave the way they do in the real world. It differs from neoclassical economics, which assumes that most people have well-defined preferences and make well-informed, self-interested decisions based on those preferences.
Shaped by the field-defining work of University of Chicago scholar and Nobel laureate Richard Thaler, behavioral economics examines the differences between what people 'should' do and what they actually do and the consequences of those actions.
Several principles have emerged from behavioral economics research that have helped economists better understand human economic behavior. From these principles, governments and businesses have developed policy frameworks to encourage people to make particular choices."
**Encourage people to make particular choices.**
Thank You for your wisdom and knowledge. You’re so appreciated! Can we talk about what I believe is the end game…….and the main reason people are getting sick?
Five G and the obnoxious and overwhelming spraying in the sky’s that’s poisoning us every moment of every day? My phone alone gets so hot and my hands itch if on it for longer than 10 min. Especially during peak hours.
This needs to be brought to the for front…..
Like yesterday! I’m aware and have done a lot to protect myself and my family but most are clueless!
Thanks for putting this into such strong words. Totally agree.
To answer your question - restore the Consitution as was intended and...................
APPALLED AND HORRIFIED AT INSANE TYRANNICAL PROTOCOLS THAT HAVE NOTHING TO DO WITH HEALTH AND EVERYTHING TO DO WITH TOTALITARIAN CONTROL! REVERSE THIS NOW!
MAKE NY AND AMERICA 2019 AND FREE AGAIN!
NO, I AM NOT AFRAID OF THE MORONIC SCARIANT SHMARIANT! WAKE UP ALREADY!
TOTALLY CONDEMN BIDEN AND ALL OTHER POLS WHO HAVE NO POWER TO LAWLESSLY ACT LIKE AN EMPEROR OR DICTATOR AND DECREE JAB CROW 'SHOW ME YOUR PAPERS' FASCIST SEGREGATION/DISCRIMINATION/APARTHEID VIOLATIONS OF THE CONSTITUTION, THE NUREMBERG CODES AND EVERY CIVIL RIGHT IMAGINABLE.
NO GREEN NEW DEALS OR BUILD BACK BETTER FROM THE CRIMINAL TECHNOCRAT TYRANTS KLAUS SCHWAB AND HIS CRONIES FROM THE WORLD ECONOMIC FORUM.
STOP THE TERRIBLE TYRANNY OF THE TECHNOCRATS GLOBAL AGENDA OF TOTAL SURVEILLANCE AND CONTROL USING THE VIRUS AS EXCUSE AND PROPAGANDA TOOL!
NO MUZZLING STIFLING MASK MANDATES! NO FORCED VACCINES! END TORTUROUS DEVASTATING LOCK DOWNS NOW! I WANT MY LIFE BACK.
https://wrenchinthegears.com
http://www.wrongkindofgreen.org/2020/10/14/klaus-schwab-and-his-great-fascist-reset-an-overview/
https://www.thelastamericanvagabond.com
https://pandemicfacts.info
https://sonsoflibertymedia.com/covid-19-roadmap-12-step-plan-to-create-a-totalitarian-new-world-order-were-on-number-8-headed-towards-number-9/
https://questioningcovid.com
https://www.corbettreport.com/interview-1581-james-corbett-breaks-down-the-great-reset/
http://www.stopcp.com/GlobalResetPSYOP/GlobalResetPSYOPMindMap.html
https://everydayconcerned.net/2020/09/04/breaking-major-investigative-report-by-association-of-french-reserve-army-officers-finds-covid-19-pandemic-to-have-a-hidden-agenda-for-global-totalitarianism-nanotech-chipping-of-all-5g-irradia/
Pam Popper: https://makeamericansfreeagain.com
Del Bigtree: https://www.brighteon.com/channels/highwire
https://www.technocracy.news
Naomi Wolf: https://dailyclout.io
www.nojabforme.info
https://www.globalresearch.ca/we-must-awaken-from-corona-coma-reject-great-reset-robotic-technocracy-assert-common-humanity/5745213
The Billionaires have hired multi Millionaires to rewrite...Mein Kampf you mean. Or was it summit aboot a dead bloody hand? No, no, it's a cyborg hand...and THE DEAD EYE OPENED😱 Technocrapshoot, jeezus, how I hate, loathe and despise moralistic, do-god-er (sic) earnest murderers. It makes me reach for my Luger.
Has anybody here read John Grey and his masterwork "Black Mass"?
"...Utopias are, Gray tells us, “dreams of collective deliverance that in waking life are found to be nightmares"
Technonazis have a Vision. They want You to SEE it, if they have to pluck your fucking eyes out to point them at the Way. And We stupid, trusting semi animals keep ruining The Uplifting. Zealots ALWAYS know best, dontcha know?
Another interesting dude is Peter Turchin, Russian, taught at Conneticut U(?), ex ecologist/biologist who applied Math to History (go figure;). His interesting theory was published as book in '06 "War & Peace & War". Main takeaway is that Elites over produce Elites which create Counter Elites, who use the common people to overthrow the previous Elites. Same old, same old, forever. So I fantasize; Frank Herbert wrote tantalisingly of The Butlerian Jihad, the overthrow of The Machines, pre-Dune. Neal Stephenson wrote of The Cryptonomicon, an unhackable Private Data Space. I can dream of a breakaway A.I. that banishes ALL Secrets, opens ALL Doors, so NOBODY can hide money or bodies... 'til then it's all just Killing Fields, until we are plowed under....
Hope for Ottawa and the world❣️
https://rumble.com/vvdenf-christopher-james-this-clown-will-be-tried-for-treason.html?mref=6zof&mrefc=8
Oh, the joys of technocracy. Hope Patrick Wood at Technocracy News links your excellent article. Linking tomorrow @https://nothingnewunderthesun2016.com/