Politics
- Started
- Last post
- 33,773 Responses
- TheBlueOne0
@yurimon re: your love of repeating like a parrot the "only the state has a monopoly on violence" propaganda meme:
"One of the canards libertarians like to sell is that the state has a monopoly on violence. They need to get a handle on some basic economic concepts, for starters:
Economies of scale
Network effects
Barriers to entry
Those three alone, which operate in many fields of commerce, means that the natural of that industry will be towards fewer and more powerful players, unless something intercedes (such as disruptive technology that changes industry boundaries or regulation). Fewer and more powerful players means oligopoly or monopoly pricing, which even neoclassical economists will admit happens and depict as a Very Bad Thing. This reason alone is why the overwhelming majority of economists that say they are in favor of “free markets” favor regulation to make them work properly. This is one of the many reasons we describe “free markets” as an oxymoron.
Concentrated power allows companies to behave thuggishly, sometimes in a literal rather than figurative manner. It is remarkable how, in the US, the story of the physical risks that early labor organizers and protestors took has been virtually airbrushed out of the record."
- yurimon0
Its true private power can corrupt a system where government serves the interests of the corporations over people, legislate, and enforce on behalf. is it closer to fascism in that regard?There is a mutual benefit that is interwoven into the monetary ecosystem between the owners of vast wealth and the power structure of government. Dont forget the federal reserve. Creates huge incentives for spending in empire building > which benefits same people that lend the money > that government spends ( mostly to same people that lend) > that builds the complexes that wage war > that plunders resources for the same people that lend, That reenforces government power > that acts on behalf of the interests that lend the money> that, etc.
what do economist call this mutually corrupt benefit and hegemonic pursuit of power?
what kind of economic system do we really live in?
In essence the government becomes a vehicle of oligarchs and corporations. example the resource war in the middle east. Who benefits from occupation of resources such as oil, lithium and popies (drugs).
Over all free market principles with libertarians is about choice
and argues about compulsory purchases for service. Thats what gov claims it provides. A service that you are forced to pay money for that you may not want, and maybe not as beneficial to over all health of the market of people in general.Another aspect of libertarian arguments are along the lines of central planning and what does a bureaucrat in an office know about what me or my community's needs are? and at what cost?
regulatory schemes and forced compliance contradict a free system especially if you are not hurting anyone. Yes there are alot of contradictions in the current system and speculative politics, economics. etc. what is your solution?
Disruptive tech,
Mostly what is beneficial doesn't make it to the market or repressed. Sometimes at expense of a life of the inventor. This is an example of something that exists for years. also a good example is the pharmaceutical industry in repression of natural cures and in bed with the FDA. but not to digress.this guy didnt make it.
anyway I find this interesting. obumbaclot making a point along the lines of what you are saying.
What do you think it best for a system?
- Ramanisky20
MURICA
- ukit20
The Story Behind the 47 Percent Video
- BusterBoy0
I'd never seen this video before...makes me ill.
- yurimon0
- BUT HOW WILL GET AND/OR STAY FAT?!?!?locustsloth
- http://cdn.memegener…utopian
- ukit20
Wow
- teh0
- IRNlun60
In more depressing political news as usual, looking at what's currently happening in so many countries across Europe, then reading an article like this... I can really only try to stay positive and accept my willfully blissful ignorance for my friends and family's future.
Everything Is Rigged: The Biggest Price-Fixing Scandal Ever
- utopian0
Congress' new level of awfulness
Asked about a list of institutions in American society, only 10% of those questioned in a Gallup survey released Thursday say they have confidence in Congress. That's down three percentage points from last year, and according to their release, "this is the lowest level of confidence Gallup has found, not only for Congress, but for any institution on record."
- Yet when it comes to election time, people still vote to keep these dummies in power. The idiots have won.IRNlun6
