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If this is neccessary to life, why should it be owned by few? Does that not enslave those who do not have access?
No, its not. Thousands of tribes have existed communally over the course of history. They make no claim to land, and only use it for an ends. They are no doubt eventually exterminated by those who insist on owning the land, and prosecuting by law, or physical violence, those who "trespass".
I see, so this is different from a capital owner stealing the fruits of a workers labor through economic duress, by means of owning the capital. Youre just changing the clothing of the wolf bud.
Agreed, then again, who said the government should own it?
randomdude i like what you're saying i just think that we're several steps away. a vote for the 'true' free market is a step in your/the right direction
Throw in a some weeks/months/ of time others spend "enjoying life".
Add a lot of worry, sleepless nights, self-doubt, and family sacrifice.
Stir in expansion/operating capital from banks/venture capitalists.
Toss in a few employees.
Add some more worry, sleepness nights, and family sacrifices.
Repeat the last two steps above until the unions come knocking and the government taxes you out of existence.
Sell the business and retire on the proceeds.
No, thats how to create an entrepreneur.
Here is the recipe for a majority of rich people
- Throw in family wealth
- Throw in a priveledged life
- Toss in admission to the best colleges
- Use generous leverage amongst your family connections
- Add a cushy job where your salary exceeds your value by many times gained mostly through your connections
- Listen to other people who have good ideas, but do not own capital
- Let them borrow some of your money
- Gain huge return, and continuously demand increasing returns
- Economics is a science based largely on markets, money, and the ownership of capital. Without that, "economics" is reduced to filling basic demand, and that is it. Its no longer a science when its as easy as a cause and effect system with no "middle man" such as a capitalist, taxation, the employer dynamic, governments, etc.
A capitalist is NOT neccessary for a man to get lumber and build a house, or grow or hunt food, get water, make heat. The "capitalist" becomes neccessary, because he owns the water, the trees, and the land, and only because of that fact.
In market terms, luxury want is also a demand that can be met.
In your bottom scenario, there is also a place for a capitalist who is willing to lease land, cut trees and cut them into useful lumber.
"Private Funding" is a concept unique to capitalism. The capitalist is the only unneccessary component in the production of goods.
Simply put, if a person is hungry, he will find food. Very simple, supply equals demand. However, if you inject the fact that the land he can hunt on, is owned by someone, then, and only then, does the "need" for the capitalist to contribute his land to satisfy demand arise.
The "need" for a capitalist is completely perpetuated by the system of capitalism.
randomdude i like what you're saying i just think that we're several steps away. a vote for the 'true' free market is a step in your/the right direction
A vote for the true free market is as far away from a step in my direction as possible. Thats all we need, is to remove the government barrier in the middle of the complete fleecing of the lower classes.
- Throw in family wealth
- Throw in a priveledged life
- Toss in admission to the best colleges
- Use generous leverage amongst your family connections
- Add a cushy job where your salary exceeds your value by many times gained mostly through your connections
- Listen to other people who have good ideas, but do not own capital
- Let them borrow some of your money
- Gain huge return, and continuously demand increasing returns
great post sonyc!
this libertarian view makes for a welcome change from all that 'regulate now' and 'the free market has failed' nonsense which you have posted on a regular basis
My posting this link does not negate my opinion that deregulation is what leads to unbridled greed and corruption. Why would you assume that?
In market terms, luxury want is also a demand that can be met.
In your bottom scenario, there is also a place for a capitalist who is willing to lease land, cut trees and cut them into useful lumber.
A capitalist is not one who leases land, cuts trees, and creates a product, that is a laborer. The capitalist is the one who owns the land in that scenario.
SO ... do you suggest a hunter & gatherer society?
Just because some one is hungry and will find food - this does not create demand, it creates need.
You have taken economics out of your example entirely.
you mean it doesn't create SUPPLY?
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