This thread is for Discussion of Libertarianism, Capitalism, AnarchoCapitalism, and the physical removal of communist fags from our board of peace. What's your thoughts on trump? He seems like the type of guy to nuke you if you violate his personal NAP. Could he be /ourguy/?
I'm a libertardarian, but anarchocapatlism is cancer.
Nathan Martinez
Question fellow kids, is threatening to break NAP violating the NAP?
Ayden Jackson
I'd say. If you point a gun at my face I don't think ther'd be any question whether i could defend myself without you pulling the trigger.
Lincoln Howard
...
Sebastian Anderson
...
Chase Evans
that's why helicopters are for
Luis Rodriguez
I don't know how much longer I can tolerate the bootlickers. Illegals can't be deported fast enough
Landon Cook
>mfw I'm a few hours away from having access to the nuclear codes.
Obongo has officially left the Whitehouse!
John Phillips
>muh state >muh authority
Landon Fisher
>What's your thoughts on trump? He seems like the type of guy to nuke you if you violate his personal NAP. Is refusing to pay for something you've agreed to pay for a violation of the NAP?
Brody Brown
If you obtain the product or service you agreed to pay for it is indeed theft.
Adam Wilson
It's breach of contract. So yeah.
Isaac Kelly
Bump
Aaron Cooper
What's Libertarianism's answer to monopolies?
Michael Edwards
Create competition.
Monopolies cannot exist without legal prevention of competition via government.
Justin Ortiz
When a company buys up other companies, remaining company become more expensive to buy up, up to the point where it isnt profitable to buy every competition.
John Moore
If you dont see how dumb that idea is just take a 5 minute time out and come back.
Anthony Cruz
If you dont see how that is not an argument just take 5 minute time out and come back
Julian Wright
how do you respond against pic related?
do you have a more detailed explanation or a model for this?
Austin Long
I'm curious. Did Pinochet really applied libertarian economic principles in the country or is it a myth? What were the results?
I thought PInochet's Chile was a hell, but maybe I'm blue pilled.
Christian Bell
Morally justifying taxation is the most irrelevant thing when it comes down to a working system. It's impossible to run a country as large as ours without taxation. Now is the taxation excessive? Yeah, maybe a bit. Is it necessary? Yes, if you want to be the worlds #1 superpower.
Response: Monopolies are probably not bad in every case and can be quite efficient.
Owen Stewart
pastebin.com/3G8FtiFW pastebin for my libertarian bros when you dont see a /lrg/ thread in the catalog make one
Xavier Phillips
It was much better than what came before but it wasn't even close to libertarianism or free market.
If you want to see a modern day working free market. Look at Switzerland.
They have the highest local purchasing power on earth. Everyone there is fucking rich. Deflationary currency fuck yeah.
Jacob Reyes
Sup Forums will turn super libertarian and nationalist now that trump is elected
Brayden Rivera
>nothing by Bastiat
The original poster is attracted to people of their same sex
Connor Nguyen
He merely restated what you said. That's not more detailed.
John Barnes
Let me introduce you to the Swiss bank secrecy.
Liam Wright
so you do admit natural monopolies are a thing?
Chase Anderson
Well it was a model of some sorts. And I am not an economist. I dont have all the answers of to how a free society would work in every detail and I dont have to. I only know something about the morality of authority and taxation.
Samuel Miller
So how does /lrg/ feel about the idea of /some/ natural monopolies such as water?
How do you feel about treating money as a natural monopoly the way most (((evil dictators))) did in order to increase national independence from the transnational money flow?
Pinochet's Chile was essentially a more awful version of Singapore.
>Libertarian economic principles
What he did was monetarist minarchism. Which is IMHO one of the least painful ways to bleed toxic money (i.e money originally created /introduced through Keynsian policies) out of a system.
It's not libertarian but incredibly close.
Bentley Robinson
Don't know but I assume yes in some cases. But this is extremely rare and will probably be beneficial for consumers.
Michael Jackson
>How do your respond against a mathematic formula?
The same you respond to the Pareto optimality in a free-market: It's more complicated than that.
Jaxon Gray
>Let me introduce you to the Swiss bank secrecy. What does this have to do at all with Swiss people's high living standards.
You'd be just like them if you didn't get cucked into the EU and socialism. Loser.
Isaiah King
>So how does /lrg/ feel about the idea of /some/ natural monopolies such as water? I think there can be some arrangement on public property, such as park benches or lampposts and the like
Jason Lewis
>How do you feel about treating money as a natural monopoly the way most (((evil dictators))) did in order to increase national independence from the transnational money flow? Money should be privatized.
You can't be a libertarian if you don't support free banking.
It's literally the MOST important thing about libertarianism. It's what creates high living standards for people.
Bentley Wood
The whole concept of money can be completely revamped. So I think its hard to tell what it will be. Obviously some form of exchange medium will exist, and free market of currency is indeed a must.
>open link >based pinochet hat >my dick is so hard >$485 >soft as fuck
Charles Jenkins
What does large accumulation of capital have to do with being rich? Hmmm...
Julian Butler
>So I think its hard to tell what it will be It's pretty easy. Sweden had free banking for a long time and it was extremely successful. So did america during the gilded age(somewhat).
The Libertarian Party might get Mike Pompeo's seat in Congress if they play it right and don't pull off another fucking Gary Johnson
Oh who am I kidding, the Lolbertarian Party is a piece of shit, only capable of producing Gary Johnsons
Samuel Thompson
been a long fucking time
Sup Forums needs to be libertarian again
sorry natsoc cunts, you're the second best option, but muh freedom is too important
Dominic Morgan
It doesn't need to be you the one explaining.
I actually think what you said in your first comment was better because you didn't make up random numbers like he did.
Cameron Martin
It raises the value of the currency the working class gets paid in and buys things with.
It means your living standards go up dramatically.
See Switzerland.
Joshua Mitchell
>>Post sneks
Justin Diaz
>What's your thoughts on trump? I like him because he shits on lefties. He has some pretty based views, as well as some bad ones.
Also, LIBERTY OR DEATH
Jaxson Smith
my nig
David Stewart
>2 FUCKING YEARS FOR SEASON 2
Adam Wood
based
Hudson Gonzalez
Fellow libertarians,
THIS is where you should all be.
A bit of nationalism is a good thing.
Benjamin James
I can agree to a degree. A natural monopoly would at least control all market share in a particular industry in a particular region. But even then there may be a flaw. The main fear of monopolies is that of higher prices without a competitor to offer lower prices. Even with utilities, as an example of a natural monopoly, we do see people turning to substitutes. Some customers, not all, are turning to solar power for their homes in order to cut out their electric bill. Water could be imported in if the current water company became oppressive to the customers. There are always ways in which to eat at the market share of the current monopoly unless of course regulations are in place to prevent that.
Daniel Diaz
...
Angel Mitchell
I am pretty nationalistic (I would die for my cunt), but I don't think nationalism has to be taught or promoted, I think it is something you need to learn on your own.
Gavin Taylor
>le 2can
Benjamin Sullivan
Also doge
Oliver Nelson
Is that what bothers you? The formula is so simple you don't even need to write it.
And what do you mean by "more complicated"? There are no assumptions being made up there besides firms produce stuff, have costs, these can be measured in some way. My question is whether you think it is always true that, imagine 10 units of a good, two firms producing those 10 units (e.g. one produce 5 and another 5) is always cheaper than a single firm produce 10.
Cooper Bennett
This would inherently keep the cost down, because it can only increase in price so far as q remains lower than when produced by multiple firms.
Price exceeds threshold where it would be economical for competing firms? Competing firms arise. Prices go back down.
Elijah Garcia
But there are a lot more factors than just quantity of products and firms. Thats what makes it more complicated does it not?
Joshua Rivera
Yeah, but the fact there is some degree of substitution or threat of entry imply that prices converge to costs or is there still some market power left?
Also, things that are traditionally considered natural monopolies are things like electricity or water distribution networks, not the water or electricity themselves. The price of electricity becomes regulated as a way to pay for the networks: the price of wholesale electricity is freely determined in the market.
Brandon Stewart
I'm merely talking about costs, though. That's what defines a natural monopoly. What extra stuff would you add?
Christopher Sullivan
I didn't understand this, sorry.
Zachary Gutierrez
ABORT THREAD AND JOIN THIS ONE → ABORT THREAD AND JOIN THIS ONE → ABORT THREAD AND JOIN THIS ONE → IT NEEDS TO BE EXPLAINED
THEY ARE PLANNING SOMETHING
Robert Scott
That's the point I made :D Basically they get rich because tax evaders all around the world.
Brandon Jenkins
quality, convenience, ethics, brand familiarity
Evan Johnson
Germans made fuel from coal in WW2 because they didn't have access to oil. One reason for pretty cool German inventions in WW2 was the scarcity of resources.
Blake Hill
What counts as aggression in the non-aggression pact? How far can one go when he perceives his NAP being violated? What if I refuse to pay for a shitty service or backcharge a malfunctioning product?
Sebastian Brooks
Most definitely not. If the company works inefficiently yes.
Joseph Lee
With natural monopolies it is sometimes hard to see how it would play out. Surely at the time, a rail company controlled all lines within a particular small rural region. It would have been hard for a start up rail company to build new lines in that area. However, when the automobile was invented and mass produced it offered a substitute that did not need the prevailing infrastructure and therefore the natural monopoly of rail in a particular area was diminished. Innovation will always keep natural monopolies in check, it just takes a bit longer.
Kevin Bailey
Violation of natural rights
Colton Foster
well then you aren't a libertarian in any meaningful sense, cause anarchocapitalism is just the logical conclusion to its principles.
Cooper Jenkins
So you're saying if every capitalist in the world avoided their taxes and instead put it in the bank then everyone on earth will be super rich?
Awesome.
:D
Jackson Young
maybe your country is too big. Ever considered that?
William Smith
In case of shitty service you can still go to court or something, you dont have to outright nuke him or chop his hands off.
Eli Robinson
Burger gets it.
Hudson Adams
That makes it significantly harder to model, despite ethics which is impossible to.
But be careful not to fall for the leftist meme that just because things are complicated does not mean you cannot understand them. For instance, you don't need to explicitly talk about quality because what I said can be rephrased for a given measure of quality; or that convenience is part of the product itself the firm is selling.
Isaiah Cruz
No moron only the guys evading taxes and the bank receiving their moneyz are rich. But because these banks fund companies in the tax evasion country they will have a benefit. This isn't rocket science. Are you dense or just trolling?
Jason Jenkins
>Monopolies create competition I... what?
Noah Sanders
Lolbergtardians are worse than commies tb.h
Individualism is cancer
Jaxson Nelson
But innovation works both ways. It's true innovation can dismantle old natural monopolies but it is also true it can create new ones. You are not necessarily going down a path of less and less subadditivity in production.
But, yes, what you said is true.
Connor Clark
So you're denying there exist economies of scale?
Elijah Gonzalez
That was my whole point, its more complicated than a simple formula because multiple factors make it harder to model. Same with global warming models nowadays. There are so many factors, they are basically trying to model a chaotic system, which leads to the IPCC to release faulty reports.
Jackson Jenkins
>that pic
>natural selection at work >bad
wew pick 1
Cameron Green
what is it with the meme that we are a even remotely libertarian society? The state is a huge presence in economic life.
Jace Russell
Court, insurance, asking them to redo their job all sound rational, but so is the payout for a hand replacement surgery I'm performing in 20 minutes
Lincoln Cook
In a libertarian society you always have the possibility to create a collectivist subsystem while in a nonlibertarian society you won't ever be really free. Also this coming from a Greek who watched his country turn to shit because of bad government saddens me.
Matthew Williams
Read the 2nd part I wrote, not just the first. What matters is whether it is always cheaper for more firms to be producing stuff rather than a single one or not.
Yes, the fact there is a single firm rather than multiple firms in the market can lead to different issues on the demand side but that's not what I'm looking at.
By the line of thought you're following, you're going down the path of the typical leftist thinker who decries all possible models you present him as too simple making knowledge about anything impossible. Then, they proceed to make some explanation in contrived prose which assumes a model as well because, at heart, they don't believe knowledge is impossible.
Nathan Mitchell
Statists almost always blame everything except the concept of government. Mind control at its finest.
Cameron Reed
>only the guys evading taxes and the bank receiving their moneyz are rich Clearly this isn't true because people in Switzerland have the HIGHEST local purchasing power on the planet?
Hmm, it seems that a high level of economic freedom with a stable currency with high value results in people in said country having high living standards.
Lol leftists are retarded.
Henry Cox
No why would I?
Luis Wright
Sorry, I read your previous reply the other way around. I was assuming both firms had access to the exact same technology btw.
Jackson Walker
Turkish Libertarian reporting in.
Sadly this country will never enjoy the fruits of freedom because the people here are obsessed with statistm.