Forum Post: Reject all economic systems which require the force of a powerful entity to perpetuate.
Posted 12 years ago on Nov. 5, 2011, 12:07 p.m. EST by classicliberal
(312)
This content is user submitted and not an official statement
In any other kind of system, there is not freedom or fairness.
Our current system requires force and is unjust and unfair.
Agreed. The governments role in economics is to prevent force, fraud, and exploitation, not favor the corporations that are already wealthy.
libertarian alert
Oh no! Someone who believes in peace in all aspects of human interaction!
Someone call the thought police!
Freedom alert. You think there can be a powerful oversight authority and not have it corrupted?
So you mean no usury, fractional reserve banking, fiat currency, speculative gambling/trading, and if abundance can be created (no currency/money)?
In other words "abandon law." All law is enforced by violence.
I follow many laws day in and day out not because I fear their enforcement if I don't, but because I believe they are fair and just laws.
And how about civil law? It's not enforced by violence, it is enforced by monetary means mostly.
Yes, YOU and in fact MOST do the right thing, but most laws aren't really written for US; we have laws against murder because some people DO commit murder.
Even in civil trials, what happens if you fail to pay according to the judgment ?
Nope. Most laws are social, such as preventing murder. I said economic systems, like stealing from Henry and giving to Paul by force.
All laws are enforced under the threat of violence.
This thread is not about civil or social laws, only economic ones.
So Bernie Madoff shouldn't be in prison ?
No he should, for breach of contract. Though he is not guilty of anything nearly every member of Congress has done.
See the item on "force" in the Non-libertarian FAQ: http://world.std.com/~mhuben/faq.html#initiation
And see also by conservatives, though it ignores the value of community and health to happiness: http://www.theamericanconservative.com/article/2005/mar/14/00017/ "The most fundamental problem with libertarianism is very simple: freedom, though a good thing, is simply not the only good thing in life. Simple physical security, which even a prisoner can possess, is not freedom, but one cannot live without it. Prosperity is connected to freedom, in that it makes us free to consume, but it is not the same thing, in that one can be rich but as unfree as a Victorian tycoon’s wife. A family is in fact one of the least free things imaginable, as the emotional satisfactions of it derive from relations that we are either born into without choice or, once they are chosen, entail obligations that we cannot walk away from with ease or justice. But security, prosperity, and family are in fact the bulk of happiness for most real people and the principal issues that concern governments."
and replace it with what?
An economic system which allows people to freely trade goods and services as long as they are not hurting a third party.
ok ! excellent - a Libertarian !!!
Excellent indeed.