amadeus
Bishop of Bio-Dome
I thought you meant there was no articulate libertarian arguments in general, not in these forum posts.Where is this argument? Please repost. Your only replies in this thread are 1 and 2-sentence statements. That is not an argument.
What system? I don't see the accumulation of wealth as being dangerous. From a moral perspective, I don't believe I have the right to confiscate anything that belongs to them. From a utilitarian standpoint, what are they going to do with that wealth? It will either be invested or spent. If they "hoard" their money and don't spend or invest it, all the better, because it makes every dollar I earn more valuable.Answer a simple question or 2. In a libertarian society how do you prevent the accumulation of wealth from corrupting the system?
I can't answer because I disagree entirely with the idea that they must be implemented through the power of the state.You agree there must be some laws regarding contracts. These must be made by people and implemented through the power of the state.
That's an argument used by some libertarian anarchists against having a state, and I can't say I disagree entirely with the premise. The Galts can go ahead and change whatever laws they would like, but as long as the people on the other end don't recognize them as legitimate, the Galts can't do anything.How do you prevent the first group of John Galts who are successful from using the acquired resources to change these laws and prevent anyone else from competing with them?
No, it was better in some ways and worse in others. Off the top of my head, the bad stuff includes state segregation, the railroad cartels and the ICC, the Sherman Antitrust Act, and high tariffs.Was the US circa 1900 a sufficiently libertarian society? If not, what were its flaws?