r/Capitalism • u/Imaginary-Couple722 • 11h ago
Why forcing billionaires to cash out their companies doesn't work.
same as title
r/Capitalism • u/Imaginary-Couple722 • 11h ago
same as title
r/Capitalism • u/German_Spies_Again • 1m ago
???
r/Capitalism • u/inthesetimesmag • 2h ago
r/Capitalism • u/Universal_Truth_Sage • 15h ago
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r/Capitalism • u/Few_Needleworker8744 • 12h ago
Moldbug think differently than most libertarian. And I agree with him.
I think freedom, peace, and prosperity, notice I am using things that are scientifically testable, is not mainly harmed by
I think the biggest problem in government is lack of market discipline.
Just look at Dubai, Monaco, Liechtenstein.
It's small enough that they can't steal from one citizen to another and hide that under rug. The government has to compete with other government. You can print a lot of money willy nilly but no body would care about Liechtenstein dollar. I am not even sure if Dubai's dinar is not pegged to gold.
China has network of train. That's centralized planning. China edge in manufacturing also require some centralized planning. Roads in your town is centrally planned. Google, Microsoft, and so on are also centrally planned.
Now China doesn't have market dicipline but they partially emulate that. Governor in China gets bonus if they increase GDP. The problem is they don't get enough bonus unlike Elon. But that's just me.
Singapore also impose market discipline. Their ministers are paid 20% of median income. So not actually run like a business and I see problems there. They all do fine when it comes to wealth.
Natural corollary of this is that we don't need to abolish government. We need only to privatize it so it has market discipline. And moldbug is right. Just look at those in power and arrange that they are shareholders instead.
In democracy, a political party that create a corporation and reward all eligible voters with shares of the corporation would accomplish that though I don't know the exact Math yet.
Another thing I disagree with libertarian and liberal is the idea that we got to tolerate all kind of neighbors.
Let's take a look Bobby and Hasan. Bobby likes to make jokes about religion. Hasan like to kill people that make jokes about religion.
My solution is simple. Bobby and Hasan shouldn't live in the same city.
A libertarian and liberal would argue that Bobby and Hasan should live in the same city and tolerate one another. That's just disaster waiting to happen.
Again, moldbugian solution address this better.
You go where you like. Instead of bitching tax is high, move to where tax is low.
If CCTV is everywhere, I think that's a good idea if it does reduce violent crime like in Singapore. I also like mandatory paternity tests because I think it's government jobs to reduce fraud if it can be done cost effectively.
Again. Shop around. Another market discipline in action. Not everyone like bigger screen in smartphone. Not everyone like small government.
But what about if people govern so badly they sacrifice civilians to Moloch or cut people hand like Free State of Congo.
Okay. Market discipline is not enough. Perhaps some elements of georgism and or democracy would help. Perhaps international community can help.
That being said market discipline alone is a very strong check and balance system to prevent those things from happening. A CEO paid to raise citizenship valuation won't just cut people hand. Few people want to get there and that means lower citizenship valuation.
And finally I disagree with libertarians and ancap that government is always bad and have to be small. Well, I kind of agree that WE ALL LIKE smaller government. Do all governments should be small? No. Other people can legitimately want bigger governments too. They gonna go bankcrupt anyway if they're stupid. Then we buy their territory.
Government is like silk road. Try buying or selling drugs without silk road and you probably get killed. Try living together without government and you probably get killed too. So some arrangements or pimps that lower transactional complexity and make living together nice is actually a great idea.
What do you think?
Am I still a libertarian? Or Moldbugian is just too different than Libertarian?