Chomsky on market anarchism, Keynesianism & reformism

it's about people recognizing the limits of institutions

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Education

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• chomsky

[danterrell14]

This is retarded... 

[hippydog123]

@MillionthUsername Kahn's multiplier effect.

[hippydog123]

@wtfjaftw You missed the entire point of List's infant industry argument.

[hippydog123]

@wtfjaftw "slowed development"-all indexes show otherwise. It is not what I said, it simply is what happened. What time frame do you mean by "ancient Ireland"? "More effective in free market?" First off (depending on the thing) its unlikely it would have developed. What things and how would they be more "effective" in a free market economy? This simply is not the case in host of industries that have been privatized-has your utility bill cost ever went down? (its called a natural monopoly)

[wtfjaftw]

@hippydog123 Even if what you said is true, and it is it slowed development not help speed it up. Ancient Ireland survived had large independent, without taxation, completely on voluntary individual interactions. Anything under the control of government right now, would be far more effective in a free market.

[hippydog123]

Hey wtfjaftw,

I am not sure what you asked. "How is the need (to) produce more, and save more profit, has(have) anything to (do) from the left and monopoly of government?" - Is this in reference to something I said earlier? If it has to do with economic development check Friedrich List's infant industry argument. You will begin to see the role the state played in fostering industrialization-in every country-that developed.

[wtfjaftw]

@hippydog123 How is the need produce more, and save more profit, has anything to from the left and monopoly of government?

[wtfjaftw]

@32peartree Hello? Logic, instead of using force to pay for something, use voluntary action instead. Let me here you say a bunch of complex bullshit to try to make what I said true. Taxation will always end up being squandered because there is no incentive to save money because there is no choice or competition.

[32peartree]

@hippydog123 Of course everybody hates paying tax - and I suppose it might be considered a form of theft at a stretch - but unfortunately we haven't yet devised a better system of organizing a society - but I feel the average tax payer doesn't mind tipping up has long as the money is being spent on stuff like highways, healthcare and prisons etc. However, people are right to complain when they see their taxes pissed away by the banks or squandered on pointless wars that only serve the rich. 

[hippydog123]

@32peartree Really, this "redistribution from the rich to the poor is not stealing" has nothing to do with the discussion we were having. The State is the reason for industrialization, funded by tax revenue, and de-industrialization. None of the policy decision are decided by the masses who money is used, yet your labor-time in the form of tax revenue is used without your consent. This is a obvious form of theft regardless if it is a "form of social control". That has nothing to do with it.