ancap

29 ms·

271.
by ancap 12y ago
>one of the exit paths is consolidation of enough power/wealth/influence in a handful of individuals or corporations to begin effectively purchasing government actions as desired. The prerequisite to purchasing government actio
272.
by ancap 12y ago
It sounds like you don't know what capitalism is. Here's the definition Google spit out: "an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than
273.
by ancap 12y ago
>Everyone loves to drum their chest about capitalism but in this case it isn't working Your comment assumes that capitalism is in place in the US. It is not. Cronyism, better known as fascism, is.
274.
by ancap 12y ago
>you're not distinguishing between observed effects of changes to the minimum wage vs. what people believe about changes to the minimum wage The observations are plainly evident. Those who a minimum wage affect are largely the unski
275.
by ancap 12y ago
The fact that minimum wage increases unemployment is clearly demonstrated at a micro economic level. Reading the link I previously posted an actual case study of small business owners who, in their own microeconomic sphere, will have to fir
276.
by ancap 12y ago
>or does lower demand raise prices? No. Draw a supply and demand curve. Shift the demand curve to the left (representing lower demand). Clearly the lower demand causes lower prices. >But when other things change, they move the supply
277.
by ancap 12y ago
I have not seen the movie but it is laughable that almost without fail the voices for "equality" are those who are quite rich themselves. Just look at the cast for that movie.
278.
by ancap 12y ago
The line of reasoning of this article can be applied to all things and by extrapolating out the logic it becomes evident how absurd the logic really is. Examples: 1) Mr. Gates did not create Microsoft... someone else built the garage he sta
279.
by ancap 12y ago
>To anyone reared on the political orthodoxy of the moment... "higher wages cause higher unemployment," This is not political orthodoxy at all this is economic law. Anyone who understands the basic principle of supply and deman
280.
by ancap 12y ago
> otherwise the government is effectively subsidizing one company in the marketplace Following that logic, if I rob 4 of my 5 neighbors, I have subsidized the 1.