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Capitalism for Dummies (and Socialists)

The whole notion of capitalism is that those with capital are incentivized to invest it in order to obtain a profit. If profits are outlawed or significantly reduced through confiscatory taxation, the incentive to invest is reduced or eliminated. If profit is forbidden, I have no incentive to invest rather than consume. Why would I delay gratification and take on risk to plant a field or build a factory if I don't stand to make a profit by doing so? Read the full thing

Freedom of Movement is a Libertarian Virtue

"Freedom of movement" is a libertarian virtue in any location which is not privately owned or where the owner does not opt to restrict movement. Moreover, just because libertarians advocate a fully privatized society, it does not necessarily follow that every square inch of ground will be privately owned nor that every property owner will choose to deny access to visitors and travelers. Read the full thing

Freedom is More Important Than Fear

A pit bull biting a child does not mean that pit bulls should be banned. A Tesla automobile getting into an accident does not mean that Teslas should be banned. A person falling off a ski lift does not mean that ski lifts should be banned. An immigrant committing a crime does not mean that immigrants should be banned. A Muslim committing an act of terror does not mean that Muslims should be banned. The list of examples is as long as there are things and people which some authoritarians would like to ban. Read the full thing