Capitalists Do Not Exploit Workers (in a free market)

How an Economy Grows and Why It Crashes: http://www.jacobspinney.com/schiffcomic
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[cbl2988]

@Drformidability "rational" is used quite loosely in Econ and the term is much more nuanced depending on which economic perspective, but you are right, it's simply nature. I find anarchy to be a rebellion against nature and reality.

[cbl2988]

@durruti612 cont...but it's as good as human nature will allow.

[cbl2988]

@durruti612 The problem is, neither theory is particularly realistic. They have over-romanticized views of humanity and Marxism (anarcho-communism, libertarian-socialism/syndical­ism, or whatever) are economically unrealistic to boot. As much as I think it would be cool for people to live however the hell they wanted, I just don't think it is realistic at all, so I tend to keep reality close to the chest on this one. Minarchy is our most realistic bet. I admit it doesn't always work so well...con

[cbl2988]

@durruti612 The same would be true of any system. For example, if you don't agree to the whims of the collective, you don't get a net. You are on your own. This goes to the whole problem of scarcity that you tend to avoid. Which system maximizes economic outcomes? It sure as hell wouldn't be the system you advocate. In a Voluntaryist society, people can choose which kind of societies they would like to form and live in. Problem solved.

[durruti612]

A more proper analogy would be if the islander needed a net to fish, and would starve without it and thus had to enter into a contract with the owner of the net.

[durruti612]

Capitalism is not mutually beneficial to worker and owner and has inner contradictions. Things are not produced for immediate need, as one your fantasy island, Jacob. Commodities are produced for exchange and profit. Workers do not sign up for unequal contracts because they prefer not to save up. Save up what? they need to enter into contracts to have access to money in the first place in order to buy goods on a market. Fantasy island does not reflect that.

[highperactive1]

Our system is more like this: Five siblings inherit an island, rifles and fishing nets from their family. A ship crashes on a nearby reef and 100 people swim to shore. The island-owners points their rifles at them and say, "Take these nets and go fishing. Bring all the fish to me and I will give you one fish a day and let you live on the island. If you don't like it, start swimming. If you oppose me, I will shoot you."