IN THE LONG RUN…
Communism doesn’t’ work because people are selfish, and minimize their productivity whenever possible. So it rapidly degenerates into authoritarianism.
Fascism doesn’t work because people are selfish and use power to create authoritarianism by incremental control of every fascism of life.
Social Democracy doesn’t work because people are selfish and use majority rule to maximize rents and redistributions until the polity is unable to adjust to shocks, resulting in the only means of governance fascism of totalitarianism.
Classical Democracy worked reasonably well because the houses formed a market for exchanges between classes in homogenous nations. But people are selfish, and despite the common law, use of majority rule that overrides common law create the opportunity and incentive to seek rents and construct social democracy.
Nomocratic Capitalism will works best because natural law both allows only productive, fully informed, warrantied trade and prohibits externalities, whether in private or common markets because it enforces trades rather than justified-takings, and because it is impossible to obtain power since the only power is consent (rule of law).
Anarcho-capitalism doesn’t work because that much selfishness prohibits the formation of the commons necessary for the competitive survival of a polity.
Curt Doolittle,
The Propertarian Institute
Kiev, Ukraine.
Source date (UTC): 2017-01-23 17:04:00 UTC
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