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Re: Bernie Sanders: Carrier just showed corporations how to beat Donald Trump

By: xcslewis in ALEA | Recommend this post (0)
Fri, 02 Dec 16 3:33 AM | 61 view(s)
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Msg. 20317 of 54959
(This msg. is a reply to 20315 by Cactus Flower)

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I don't think we disagree. I am a government minimalist, if such a concept exists. Some rules are necessary. Many are an over reach. The objective for me is to allow market forces to function unfettered as much as possible and the result will be greater wealth and innovation.

I accept some people will accrue greater wealth in their lifetimes but death brings about a natural redistribution of wealth. Some people never have enough, others choose to share their wealth while the live. The can do what the please as long as they don't harm others. I am opposed to government imposed coercion and confiscation of wealth.

The rising tide lifts all the boats. Some boats will just be bigger.


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The above is a reply to the following message:
Re: Bernie Sanders: Carrier just showed corporations how to beat Donald Trump
By: Cactus Flower
in ALEA
Fri, 02 Dec 16 2:59 AM
Msg. 20315 of 54959

I am one democrat-sided person who doesn't see corporations and financial institutions as intrinsically evil. Bernie is not my go-to guy on corporate behaviour.

But this doesn't mean that corporations never behave badly or that government has no role in regulation. Without governments regulating property by giving it its existence in law, there wouldn't be any businesses in the first place. Regulation is the essence of property value. It provides key elements of its scarcity by giving legal support to a property owner's deeds. Deeds which remove another person's rights to share the use of a piece of property.

Ruleless capitalism is a unicorn. Property's value is dependent on the heap of rules which surround property rights. Too many rules also make a system which is inefficient. Red tape is a nightmare for everyone. At the same time, the tragedy of the commons is that sharing doesn't work either.

So basically, no single principle works. You are trying to manage a complex series of rights and obligations so that you end up with something which functions as well as possible. But hacking away at property rights to produce libertarianism or communism is doomed to failure.


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