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"maximum entrepreneurship would probably be some kind of libertarian socialism" Yes, but your libertarian socialism is neither libertarian nor socialist. Soci
by WildUtah 12y ago
"maximum entrepreneurship would probably be some kind of libertarian socialism"
Yes, but your libertarian socialism is neither libertarian nor socialist.
Socialism is the central control and planning of the means of production while libertarianism is the limitation of central power to maintenance of peace and property. Your proposal involves essentially no central planning and plenty of state activity beyond the night watchman libertarian limits.
In fact, you propose the welfare state. The government provides or funds basic social insurance for everyone by taxing mildly progressively everyone with income and property. Health care, education, basic income in case of misfortune, and pensions are arranged for everyone, but the economy is not tightly regulated, monopolized, planned, or centrally administrated.
Welfare statism works very well in practice if socialism can be kept out of it. Note that socialism actually does not require any redistribution of income and the implicit redistribution from social insurance actually accomplishes more redistribution than mid-twentieth century socialism did in practice.
- api 12y agoYeah my terminology is probably off, but I think the ideas are fairly sound.