3 ms·
Don't forget universal education so you have a literate population who feeds into your startup workforce. The problem with most libertarian arguments is that t
by cromwellian 6y ago
Don't forget universal education so you have a literate population who feeds into your startup workforce.
The problem with most libertarian arguments is that they love to point out all of the negative externalities of taxes, but none of the positive externalities of a well educated, healthy, fed, sheltered, happy society and a clean environment.
People and the environment are treated as cost free infinite sinks and sources.
Markets may be the most efficient mechanism for allocating goods and services using price signals, but that assumes your price signals aren't garbage. Garbage in/Garbage out, and if you have uncounted for costs your externalizing from your inputs or outputs, then you're effectively freeloading off of everyone else who will pay those costs down the line.
Thus when someone makes billions of dollars and starts to whine about paying a chunk of it, what I hear is an ungrateful douchebag who participated in a game whose rules were set up before his birth, won big, and wants to loot the corpse and run off without paying it forward. (I'm looking at you Eduardo Saverin)
- tomrod 6y agoTo be fair, I'm a classical liberal (minarchist), but really that means I want frugality to be a design goal while achieving the services we as a society decide to achieve. Markets can be efficient, when externalities and asymmetric information, among other market failures, don't overwhelm the market value.