Re: Question for Libertarians

A misconception about libertarians.

Category:

People & Blogs

Tags:

• liberty
• libertarian
• libertarianism
• corporations
• companies
• businesses
• force
• government
• federal

[Libertarianist]

The HUGE FUCKING problem with your emotional appeals is that I agree with eliminating poverty. What you don't understand is that the economic policies of the democrats usually result in HIGHER poverty. Things like raising minimum wage result in MORE POVERTY. It's counter intuitive but true. And people like me, who actually understand economics realize this.

[IBMeddling]

This is good and I agree but the problem is that many of our tax dollars also goes to corporations. Corporations and government seem to be merging.

[Libertarianist]

@zsylvana Isn't it easy to fight men made of straw?

[zsylvana]

@franks2732 Of course mate, this would mean they are essentially just the subjects of corporate sponsors, which it seems pretty clear they are.

[franks2732]

@zsylvana I know but you will never get a libertarian outlining these interesting facts for the audience. Rather they simply ignore to mention them

[zsylvana]

@franks2732 With Freedom he means children working in mines, factories,&farms, with dirty-faced orphans running around city streets hustling, shining shoes, no minimum wage,nor any union or other employment protections of any kind; no environmental protection; no limits on monopoly no limit to corporate or other wealthy influence,return of extreme boom and bust cycles,two depressions-per-decade, in most, if not all cases, due to a lack of appropriate government intervention; etc.etc.

[franks2732]

@Libertarianist It in no way adds argument to your cause. The reply is so what. Prices help predict outcomes but they are not the only thing and it is an oversimplification of modern society. You are like all Austrians "filling the blanks" after the events to support your theory. Use your Austrian theory to predict the next fiscal quarter of economic growth in the USA and get back to me buddy with an Answer

[franks2732]

@Libertarianist NO

[franks2732]

@Libertarianist being logically consistent based on your understanding of logic still does not prove that it is correct or true, it is neither and unprovable. A fact confirmed by both Mises and Hayek. Who said the proof is not in the results but the theory. I rather value results. Secondly, prices LMFAO

[Libertarianist]

@franks2732 There are millions of entrepreneurs out there examining every industry they can think of. And the level of analysis of each endeavor is astounding. It has the effect of MILLIONS of people conducting cost benefit analyses, who are actually motivated by profit to make the best decisions and who aren't risking the money of unwilling participants. The information manifests in the form of prices and freely flows throughout the whole economy. Without this, we'd be in the stone aged.

[Libertarianist]

@franks2732 How do you know that this endeavor is the best use of the resources required? But in a free market, price information flows throughout the whole economy. Each entrepreneur conducts a relatively simple assessment. What is the price of the resources consumed, what is the price of the resources produced? Every positive price gap reflects an opportunity to make money, and the action will increase the overall efficiency of the economy.

[Libertarianist]

@franks2732 You have to assess how many man hours it will take to build. You have to assess how many man hours it will take to build all the components used in the plan. And all the tools used to make those components and all the resources and tools to make those tools, and THOSE tools, etc. Is all this labor outweighed by the chemicals produced? Who's going to used the chemicals, how much labor will it save them? Are they going to use the chemicals to build more tools? etc.