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?

Free Human Beings Do Not Ask Permission

I am not a political activist. I do not advocate for marches, protests, or the signing of petitions as a means of effecting change. This represents the acknowledgment that political predators have legitimate authority over my life. The host does not concern itself with the opinion of the parasite. Shuffle off and deprive it of nourishment and rest assured, it will perish of it’s own accord.

People: Resource or Burden?

People do not merely consume and pollute. They also create; they produce. They find ways to turn negatives into positives. For example, the methane gas produced by landfills is now turned into energy. Ores which were of no economic value, now produce valuable minerals. People find ways to produce more efficiently. Today’s computers are vastly more powerful than those of a decade or two ago, and are also smaller; they use less material; they consume less energy per amount of work; and they further allow us to reduce the use of materials and energy for other purposes, in a virtuous cycle.

Is the Non-Aggression Principle Self-Negating? You Decide!

A person named Jared emailed me out of the blue about a week ago with the following letter. It contains a request for feedback followed by an argument that the Non-Aggression Principle as made popular by Murray Rothbard was self-negating on the grounds that the creation of private property is an act of aggression. What ensued were several letters back and forth in which we both flesh out the other’s argument and offer our critique. In the end we understood each other better, but alas no consensus was reach.

Adolf Hitler: How Could a Monster Succeed in Blinding a Nation?

Is it still possible in today’s Germany to escape the realization that without the mistreatment of children, without a form of child-rearing based on violence to inculcate blind obedience, there would not have been a Hitler and his followers? And thus not millions of murdered victims either? Probably every thinking person in the post-war period has wondered at some time or other how it could have happened that a human being devised a gigantic machinery of death and found millions of helpers to set it in motion.

Voluntaryists Are Modern Day Abolitionists

Modern day Anarchists/Voluntaryists are equivalent to the Abolitionists of the 19th century. The Abolitionists did not oppose chain slavery because they knew how the future will turn out or how the cotton would be picked. They opposed chain slavery on moral grounds alone. They opposed chain slavery because they knew in their hearts that owning and controlling another human being by force is immoral and wrong.

What Anarchy Means to Me

Whilst most governments remain monopolistic “States”, I would prefer for them to be as small as possible in order to maximise my element of choice. In an anarcho-capitalist society, however, where communities would effectively have complete freedom to choose which regime to live under, and where every regime would have been perfected by fierce market competition to provide the best possible quality of life, the results might surprise even the most brilliant economists.