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Can you provide a single example of such a country? Regardless, free-market capitalism is not predicated on freedom from government intervention; in fact, a go

Can you provide a single example of such a country? Regardless, free-market capitalism is not predicated on freedom from government intervention; in fact, a government is necessary in order to protect the freedoms of the individual. That should be the purpose of the government: protecting the freedom of its citizens. Creating an environment that allows voluntary trade of goods and services to exist. Not picking winners or losers. Not imposing regulations that create monopolies. Not encouraging bad behavior by banks. Not rewarding bad decisions by auto manufacturers. Not being in bed with unions and corporations alike. Here's how I think about it: What can one corporation do to a person? Not much. What can one government do to a person? Take away his freedom, imprison him, and / or kill him. Would I rather have flawed, power abusing individuals the power to impose their will over an entire country, or just their company? Would I rather centralize power in a way that is not accountable to anyone, or would I rather have power be decentralized and much more accountable to me? No one is arguing for no government. But we are looking at the present state of affairs and the reasons we got here, and then looking at the past and seeing what happened then and why... and we're realizing that, for the most part, more government is bad.

nessus42 14y ago
Get back to me when you can point out a single successful country in the entire history of the world that actually operated on "Libertarian" or "Objectivist" principles.
- jlarocco 14y ago
  Can you name one that's tried either of them and stuck with it?
  - nessus42 14y ago
    If we are going to experiment with completely unproven political and economic systems on our own society, I vote for a socialist anarchy. First order of business: eliminate corporations. Immortal amoral virtual people cause nothing but trouble!
    - ktizo 14y ago
      I really don't think anarchy is something you vote for. Is more like the base state that exists already, as long as you can reliably avoid the people in silly hats. And how are you going to eliminate corporations if you have anarchy? You would have to enact legislation backed by force, because a lot of people are not going to agree. Is a bit like some of the arguments I have with mates where they say they want to institute anarchy and ban money. To which I usually point out that firstly, banning money sounds a lot like an imposed law and that secondly, irrespective of my views on monetary systems and that they can probably be improved upon, if anyone tried to ban money, the first thing I would do is start a currency just to annoy them. [edit] My view on money is that eventually it will be obsolete for acquiring many everyday goods, but remain for luxuries for a very long time, but the point at which I expect this to start to occur is still a reasonably long way off. The key technology that could start bringing this about is a fully automated farming and delivery chain driven off solar. I am mostly keeping a close eye on Brazil as the most likely candidate for schemes like this to be tried first, given the rapid economic development, political climate, and existing food security schemes like that in the city of Belo Horizonte. http://www.unesco.org/most/southa10.htm http://www.unesco.org/most/southa10.htm Note, I am not against money per-se as I think that it was a vast improvement on what it replaced, I just think that it doesn't have the lowest economic friction for acquiring any abundant items that have negligible ongoing costs.
      - bornhuetter 14y ago
        Here is one way: http://en.wikipedia.org/wiki/Anarcho-syndicalism http://en.wikipedia.org/wiki/Anarcho-syndicalism Anarchy does not necessarily imply a society with a lack of structure or law.
      - dalke 14y ago
        "how are you going to eliminate corporations if you have anarchy?" I think that's a different issue. Corporations exist because of the law. Corporations shield the owners from personal liabilities, including debt. It is the law which prevents me from going after the owner of a failed company which owes me money. So if there were no law, or no enforcement of the law, there would be no companies.
- mgarfias 14y ago
  Icelandic Free State
  - nessus42 14y ago
    Hmm, that's actually very interesting, but it sounds like it was much closer to a socialist anarchy, rather than libertarian capitalism.
- hollerith 14y ago
  The US between 1800 and 1824.
  - kbolino 14y ago
    The forcible enslavement of human beings was permissible and enforced by law in multiple states until 1865. Although you could quibble about whether the seceding states counted as part of the US from 1860-1865, slavery remained legal in Maryland until the passage of its 1864 Constitution, and it remained legal in Kentucky until the passage of the 13th Amendment. There were also some states, like New Jersey, in which the acts of enslaving a person and importing an enslaved person were illegal but the manumission of existing slaves was not required.
    - eli_gottlieb 14y ago
      And it wasn't just chattel slavery. A whole lot of the non-chattel laboring class consisted of indentured workers and debt peons, as well. But, as David Graeber put it, that's the point. The people who invented the anarcho-capitalist philosophy of self-ownership, or natural ownership of one's "liberty", mainly did so because they wanted to explain how one could trade away that very liberty for money.
  - eli_gottlieb 14y ago
    I wouldn't call a pseudo-feudal slave economy "successful".
- MordinSolus 14y ago
  Did I mention Objectivism? No. If you would like me to put words in your mouth let me know. http://en.wikipedia.org/wiki/Estonia http://en.wikipedia.org/wiki/Estonia Estonia (relatively) recently adopted policies supported by Milton Friedman. Along with that and being freed from the USSR, Estonia's economy is growing rapidly. Estonia adopted a flat tax rate that has been decreasing steadily over time. Estonia has extremely low public debt, free trade, a budget surplus, and had, in 2011, 5x the GDP growth of other EU countries (although they recently adopted the euro :( ). Estonia is doing quite well compared to the rest of the EU, despite all their damn economic freedom. Regardless, how is "not many have tried it, therefore it doesn't work" an argument? On the other hand, one doesn't have to look very far back in history to see where too much government involvement into the economy (and therefore every day life) leads.
  - nessus42 14y ago
    > Regardless, how is "not many have tried it, therefore it doesn't work" an argument? [...] If you would like me to put words in your mouth let me know. You just did! Demanding even a shred of evidence for a dubious claim is not the same as claiming that it doesn't work. It's a request for evidence, rather than just hot air. As to Estonia, it's GDP per capita, is only 67% of the EU average and 17% of that of Norway, a socialist country. It does have high internet speeds, though, so you gotta get 'em props.
    - nessus42 14y ago
      Sorry, that should read "39% of that of Norway".
    - MordinSolus 14y ago
      > As to Estonia, it's GDP per capita, is only 67% of the EU average and 17% of that of Norway, a socialist country. Estonia was annexed by the USSR. It's only been a free economy since 1990. Norway didn't have to deal with that. More importantly, oil. Norway has oil. Being one of the largest exporters of oil in the world gives it a huge boost. So I don't really get your point. Estonia still has one of the fastest growing economies in the EU, which is what really matters.

nessus42 14y ago

Get back to me when you can point out a single successful country in the entire history of the world that actually operated on "Libertarian" or "Objectivist" principles.

jlarocco 14y ago
Can you name one that's tried either of them and stuck with it?
- nessus42 14y ago
  If we are going to experiment with completely unproven political and economic systems on our own society, I vote for a socialist anarchy. First order of business: eliminate corporations. Immortal amoral virtual people cause nothing but trouble!
  - ktizo 14y ago
    I really don't think anarchy is something you vote for. Is more like the base state that exists already, as long as you can reliably avoid the people in silly hats. And how are you going to eliminate corporations if you have anarchy? You would have to enact legislation backed by force, because a lot of people are not going to agree. Is a bit like some of the arguments I have with mates where they say they want to institute anarchy and ban money. To which I usually point out that firstly, banning money sounds a lot like an imposed law and that secondly, irrespective of my views on monetary systems and that they can probably be improved upon, if anyone tried to ban money, the first thing I would do is start a currency just to annoy them. [edit] My view on money is that eventually it will be obsolete for acquiring many everyday goods, but remain for luxuries for a very long time, but the point at which I expect this to start to occur is still a reasonably long way off. The key technology that could start bringing this about is a fully automated farming and delivery chain driven off solar. I am mostly keeping a close eye on Brazil as the most likely candidate for schemes like this to be tried first, given the rapid economic development, political climate, and existing food security schemes like that in the city of Belo Horizonte. http://www.unesco.org/most/southa10.htm http://www.unesco.org/most/southa10.htm Note, I am not against money per-se as I think that it was a vast improvement on what it replaced, I just think that it doesn't have the lowest economic friction for acquiring any abundant items that have negligible ongoing costs.
    - bornhuetter 14y ago
      Here is one way: http://en.wikipedia.org/wiki/Anarcho-syndicalism http://en.wikipedia.org/wiki/Anarcho-syndicalism Anarchy does not necessarily imply a society with a lack of structure or law.
    - dalke 14y ago
      "how are you going to eliminate corporations if you have anarchy?" I think that's a different issue. Corporations exist because of the law. Corporations shield the owners from personal liabilities, including debt. It is the law which prevents me from going after the owner of a failed company which owes me money. So if there were no law, or no enforcement of the law, there would be no companies.
mgarfias 14y ago
Icelandic Free State
- nessus42 14y ago
  Hmm, that's actually very interesting, but it sounds like it was much closer to a socialist anarchy, rather than libertarian capitalism.
hollerith 14y ago
The US between 1800 and 1824.
- kbolino 14y ago
  The forcible enslavement of human beings was permissible and enforced by law in multiple states until 1865. Although you could quibble about whether the seceding states counted as part of the US from 1860-1865, slavery remained legal in Maryland until the passage of its 1864 Constitution, and it remained legal in Kentucky until the passage of the 13th Amendment. There were also some states, like New Jersey, in which the acts of enslaving a person and importing an enslaved person were illegal but the manumission of existing slaves was not required.
  - eli_gottlieb 14y ago
    And it wasn't just chattel slavery. A whole lot of the non-chattel laboring class consisted of indentured workers and debt peons, as well. But, as David Graeber put it, that's the point. The people who invented the anarcho-capitalist philosophy of self-ownership, or natural ownership of one's "liberty", mainly did so because they wanted to explain how one could trade away that very liberty for money.
- eli_gottlieb 14y ago
  I wouldn't call a pseudo-feudal slave economy "successful".
MordinSolus 14y ago
Did I mention Objectivism? No. If you would like me to put words in your mouth let me know. http://en.wikipedia.org/wiki/Estonia http://en.wikipedia.org/wiki/Estonia Estonia (relatively) recently adopted policies supported by Milton Friedman. Along with that and being freed from the USSR, Estonia's economy is growing rapidly. Estonia adopted a flat tax rate that has been decreasing steadily over time. Estonia has extremely low public debt, free trade, a budget surplus, and had, in 2011, 5x the GDP growth of other EU countries (although they recently adopted the euro :( ). Estonia is doing quite well compared to the rest of the EU, despite all their damn economic freedom. Regardless, how is "not many have tried it, therefore it doesn't work" an argument? On the other hand, one doesn't have to look very far back in history to see where too much government involvement into the economy (and therefore every day life) leads.
- nessus42 14y ago
  > Regardless, how is "not many have tried it, therefore it doesn't work" an argument? [...] If you would like me to put words in your mouth let me know. You just did! Demanding even a shred of evidence for a dubious claim is not the same as claiming that it doesn't work. It's a request for evidence, rather than just hot air. As to Estonia, it's GDP per capita, is only 67% of the EU average and 17% of that of Norway, a socialist country. It does have high internet speeds, though, so you gotta get 'em props.
  - nessus42 14y ago
    Sorry, that should read "39% of that of Norway".
  - MordinSolus 14y ago
    > As to Estonia, it's GDP per capita, is only 67% of the EU average and 17% of that of Norway, a socialist country. Estonia was annexed by the USSR. It's only been a free economy since 1990. Norway didn't have to deal with that. More importantly, oil. Norway has oil. Being one of the largest exporters of oil in the world gives it a huge boost. So I don't really get your point. Estonia still has one of the fastest growing economies in the EU, which is what really matters.