capitalism and 'the markets' are not one and the same. Capitalism can exists without much of a market. Capitalism means private ownership(or any minority) of the means of production and that the owning class accumulates capital from the surplus collected from wage labor. That is, surplus value through labor from a lower class who operates the means the of production. Markets are important in a sense, but mostly incidental to capitalism, strictly speaking.
@MrsUncontroversial Libertarians are against the initiation of force, not legitimate uses of retaliatory force. Coercion in this context means aggression, not using force against criminals or against the loser in a court case.
At 4:36, the problem with this reasoning is that if someone is holding a gun to my head and demands money, we can say the interaction is voluntary because i
@allanps1979 It actually would not be considered voluntary because someone putting a gun to your head is the initiation of force. Forward the video to about 7:14 he explains this more.
@xTAxGUNZ i'm familiar with this response. it's a tautology. Decisions under the threat of force are considered involuntary only because market anarchists say it is. For something to be involuntary the person would have to be given zero options. I'm not saying the threat of coercive force is ethical but it's erroneous to say, at least in this context, that the decisions made under it are completely involuntary. As long as choices can be made there is volition.
@xTAxGUNZ Holding a gun to someones head is exploitation because it's putting someone in a position where they have limited options and must choose something that they wouldn't otherwise and which is to the advantage of someone else. The same thing often happens in the free market, it's IMBALANCE OF POWER that causes it. People should argue that exploitation is practical and necessary but don't try to ignore it like this guy in this video does, it's crazy imo.
@allanps1979 "Holding a gun to someones head" by definition doesn't occur in a free market, free meaning voluntary, free from coercion. I don't understand why socialist can't see the huge difference between persuasion and ought right control.
@mushroommike1 their are more ways to exploit people than "putting a gun to their head" or threatening to, enough with the reductionism. the 'free market' is just a euphemism for wage slavery. people are wage slaves because they do not and cannot own the means of production to provide for themselves. The ancestors of proletarians where mostly driven from small-land holdings through illegitimate or unjust means. Only, after this dispossession was complete did people enter "voluntary contracts"
capitalism and 'the markets' are not one and the same. Capitalism can exists without much of a market. Capitalism means private ownership(or any minority) of the means of production and that the owning class accumulates capital from the surplus collected from wage labor. That is, surplus value through labor from a lower class who operates the means the of production. Markets are important in a sense, but mostly incidental to capitalism, strictly speaking.
durruti612 1 month ago
@MrsUncontroversial Libertarians are against the initiation of force, not legitimate uses of retaliatory force. Coercion in this context means aggression, not using force against criminals or against the loser in a court case.
MillionthUsername 3 months ago
At 4:36, the problem with this reasoning is that if someone is holding a gun to my head and demands money, we can say the interaction is voluntary because i
allanps1979 1 year ago
@allanps1979 It actually would not be considered voluntary because someone putting a gun to your head is the initiation of force. Forward the video to about 7:14 he explains this more.
xTAxGUNZ 10 months ago
@xTAxGUNZ i'm familiar with this response. it's a tautology. Decisions under the threat of force are considered involuntary only because market anarchists say it is. For something to be involuntary the person would have to be given zero options. I'm not saying the threat of coercive force is ethical but it's erroneous to say, at least in this context, that the decisions made under it are completely involuntary. As long as choices can be made there is volition.
allanps1979 10 months ago
@xTAxGUNZ Holding a gun to someones head is exploitation because it's putting someone in a position where they have limited options and must choose something that they wouldn't otherwise and which is to the advantage of someone else. The same thing often happens in the free market, it's IMBALANCE OF POWER that causes it. People should argue that exploitation is practical and necessary but don't try to ignore it like this guy in this video does, it's crazy imo.
allanps1979 10 months ago
@allanps1979 "Holding a gun to someones head" by definition doesn't occur in a free market, free meaning voluntary, free from coercion. I don't understand why socialist can't see the huge difference between persuasion and ought right control.
mushroommike1 7 months ago
@mushroommike1 their are more ways to exploit people than "putting a gun to their head" or threatening to, enough with the reductionism. the 'free market' is just a euphemism for wage slavery. people are wage slaves because they do not and cannot own the means of production to provide for themselves. The ancestors of proletarians where mostly driven from small-land holdings through illegitimate or unjust means. Only, after this dispossession was complete did people enter "voluntary contracts"
durruti612 1 month ago