An Easy Austrian (Free Market) Economics Primer

[JakeStratham]

I just loaded What Has the Government Done to Our Money and Economics in One Lesson on to my Kindle.

Economics in One Lesson is fantastic, partly because of its organization and partly because Hazlitt writes well. If this is your first time, you're in for a treat.

At guerilla: great job here. I'll point WF members to your post when they display confusion about these matters in future threads.

 

[BlokBlok]

To be fair I probably agree with most libertarian ideas, I just think its retarded (and irrelevant) to be posting highly technical, long videos on austrian economic theory when the average attention span on this board is probably 10 seconds.

There are better places for that. You'd be better off posting tits or something.

You should of been aborted

 

[JakeStratham]

You should of been aborted

Best to ignore the kid. Anything else rewards his sociopathy.

 

[Shaqsquash]

You should of been aborted

Guess what? I was'nt. Haha. And I'm here to annoy you and only you.

 

[Shaqsquash]

Best to ignore the kid. Anything else rewards his sociopathy.

By referring to me (and posting it publicly) your doing the opposite of ignoring my posts lol.

But anyways I will say that though I agree with the crux of libertarianism (non-agression). I have serious misgivings about not only the applicability and practicality of the capitalist variant, but its moral status (private property, exploitation, interest etc). So I probably lean heavily towards a socialistic variant of libertarianism.

Note: By saying I agree with "most" libertarian ideas I meant mostly the non-aggression part which is essentially the core of of the theory.

 

[d_diggler]

But anyways I will say that though I agree with the crux of libertarianism (non-agression).

Note: By saying I agree with "most" libertarian ideas I meant mostly the non-aggression part which is essentially the core of of the theory.

HAHAHAHA







HAHAHAHAHA


HAHAHAHAHA

I didn't think that this thread could get more awesome but you just made it so.

And for the record nothing creates exploitation like socialism. Check out the vids before you post again.

 

[Shaqsquash]

HAHAHAHA







HAHAHAHAHA


HAHAHAHAHA

I didn't think that this thread could get more awesome but you just made it so.

And for the record nothing creates exploitation like socialism. Check out the vids before you post again.

Ahh the "lesser of two evils" argument.

"But, but (state) socialism is even more exploitative! Look at history!"

So implicitly, your not denying that Capitalism is exploitative too? And moreover, you are reffering to the coercive, authoritarian variant of socialism (basically state capitalism).

What if there was a system that was not exploitative at all and allowed for true liberty? That's my friends, is called libertarian socialism.

On Capitalism:

Thus the daily theft/exploitation associated with capitalism is dependent on the distribution of wealth and private property (i.e. the initial theft of the means of life, the land, workplaces and housing by the owning class). Due to the dispossession of the vast majority of the population from the means of life, capitalists are in an ideal position to charge a "use-fee" for the capital they own, but neither produced nor use. Having little option, workers agree to contracts within which they forfeit their autonomy during work and the product of that work. This results in capitalists having access to a "commodity" (labour) that can potentially produce more value than it gets paid for in wages.

An Anarchist FAQ - B.3 Why are anarchists against private property? | Infoshop.org

 

[Hammi]

Ahh the "lesser of two evils" argument.

"But, but (state) socialism is even more exploitative! Look at history!"

So implicitly, your not denying that Capitalism is exploitative too? And moreover, you are reffering to the coercive, authoritarian variant of socialism (basically state capitalism).

What if there was a system that was not exploitative at all and allowed for true liberty? That's my friends, is called libertarian socialism.

On Capitalism:



An Anarchist FAQ - B.3 Why are anarchists against private property? | Infoshop.org

From a quick read over that page I don't think you would see a division of labor maintained in a society that looked like that. I think everyone would demand use rights for ipods and nobody would demand use rights for coal mines or ipod factories.

 

[SirKonstantine]

damn I wish that lydia chick talks longer. Fucking cutie.