Theme: Institution

  • Why Is It Called The Free Market When The Poor Have No Choice But To Sell Their Labor So They Don’t Starve?

    Because that’s a free market. That is all a free market promises: you will not be legally or institutionally denied access, nor legally nor institutionally granted privilege.

    https://www.quora.com/Why-is-it-called-the-free-market-when-the-poor-have-no-choice-but-to-sell-their-labor-so-they-dont-starve

  • Labor (empirically) is a plentiful commodity of little value. All the value is i

    Labor (empirically) is a plentiful commodity of little value. All the value is in speculating, designing, organizing, distributing.


    Source date (UTC): 2017-05-24 17:16:20 UTC

    Original post: https://twitter.com/i/web/status/867429067620061184

    Reply addressees: @EasternMarxist

    Replying to: https://twitter.com/i/web/status/867427904766005249


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    Original post on X

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    Original post: https://twitter.com/i/web/status/867427904766005249

  • I have no framework other than the strong domesticated the animal man by the cre

    I have no framework other than the strong domesticated the animal man by the creation of markets, the extraction of profits for doing so.


    Source date (UTC): 2017-05-24 16:53:10 UTC

    Original post: https://twitter.com/i/web/status/867423236639924224

    Reply addressees: @EasternMarxist

    Replying to: https://twitter.com/i/web/status/867393580347928576


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    Original post: https://twitter.com/i/web/status/867393580347928576

  • Define monopoly, and explain how it can exist under capitalism (liberalism, clas

    Define monopoly, and explain how it can exist under capitalism (liberalism, classical liberalism, or anarchy).


    Source date (UTC): 2017-05-24 12:58:54 UTC

    Original post: https://twitter.com/i/web/status/867364284061372418

    Reply addressees: @BernardoGrando @EasternMarxist

    Replying to: https://twitter.com/i/web/status/867311939638177793


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    Original post: https://twitter.com/i/web/status/867311939638177793

  • Kin, Army, Nation, Corporation, Empire. When does the order defeat the the kin?

    Kin, Army, Nation, Corporation, Empire. When does the order defeat the the kin?


    Source date (UTC): 2017-05-14 14:40:00 UTC

  • ENTREPRENEURSHIP IN THE EU – A BAD IDEA (from elsewhere) Net/Net: 70% of vc stil

    ENTREPRENEURSHIP IN THE EU – A BAD IDEA

    (from elsewhere)

    Net/Net: 70% of vc still software. In Software, geography doesn’t matter. (Look what’s come out of little estonia’s micro-population. Look how little has come out of Germany.)

    So I look for (a) access to talent, (b) low cost of talent, (c) low cost of bureaucracy. (d) technical universities, (e) “Young Ambitious” culture.

    In my experience western europe is relatively hostile to entrepreneurship compared to the States and eastern europe. I can’t believe what a burden the UK banking and taxation system is. There isn’t even an equivalent of the USA’s S.A.F.E. agreement for investors. Lawyers, if you can find one that can think outside the box, are far less sophisticated. Regulatory accounting expensive and lacking all business value. European investment community is far less sophisticated, and far less experienced, and tends to ‘think small’. I’ve bought and sold companies across north america and europe and there just isn’t any comparison.

    That said I prefer european CULTURE, and working with european EMPLOYEES, and european LIFESTYLE, and that is why I prefer to develop software in Europe (rather eastern europe, or even russia).


    Source date (UTC): 2017-05-13 12:45:00 UTC

  • THE ORIGIN OF OUR CONSTITUTION Our constitution was proposed as an alternative –

    THE ORIGIN OF OUR CONSTITUTION

    Our constitution was proposed as an alternative – a third way – an alternative to the parasitic rents of the arbitrary commands of the martial aristocracy, and the dysgenia, deceits, and parasitic rents of the church bureaucracy. A *purely meritocratic order* free of rents whether constructed of arbitrary commands or superstitious excuses – A constitution of Natural Law. And the restoration of our ancient meritocratic order.

    Our founders created an *alternative* to the classes of europe, and not a duplication of it.

    All nations need not be the same. Some for the low, some for the strong, and some for the meritocratic. All those who pursue rents via arbitrary command and rents by deceit, merey flee to the green fields of meritocratic orders to parasitically profit from the high trust that they engender. Then drive them asunder through arbitrary command and incremental deception.

    Curt Doolittle

    The Propertarian Institute

    Kiev Ukraine


    Source date (UTC): 2017-05-12 14:58:00 UTC

  • MORE ON POLYGAMY (possibly important) Polygamy provides an UNDERCLASS and OUTLIE

    MORE ON POLYGAMY

    (possibly important)

    Polygamy provides an UNDERCLASS and OUTLIER solution to specific problems given general failures of the society. At present, that I know of, something like 5% of white westerners have some sort of continuous non exclusive relationship; some larger percentage ‘cheats’ frequently, at least 1/3 ‘cheat’ at some point, and about half of marriages end in divorce.

    As we move down the IQ spectrum to increasingly ‘darker’ peoples, we see the center of the distribution change, so that the percentage of long term exclusivity decreases proportionally with intelligence and discipline. We should see increases in polyamory(promiscuity), polygamy(limited promiscuity), serial marriage (more limited promiscuity), and divorce (more limited promiscuity)… and that is what we DO see.

    So it is more appropriate to say that we observe a normal distribution of exclusivity and non-exclusivity, with declines in promiscuity and increases in monogamy as the quality of the gene pool increases. But we will never see an end to some % of promiscuity at the top and bottom of the spectrum no matter what we do.

    So as an individual and a libertarian I hold the position that

    (a) you should do what you want to do.

    (b) what you want to do may or many not be ‘good’ objectively, merely preferable for you.

    (c) that the community will always favor exclusivity except at the bottom where it is impossible and top where it is unnecessary.

    (d) and that as a political question the ‘interests’ of the social group are absolutely in favor of limited promiscuity, which increases the responsibility of intergenerational care taking to the clan, rather than redistributing it to the society.

    That said, some of us have shitty families and shitty gene pools so collecting together into polygamous contractual relationships is simply good evolutionary strategy even if it is a bad normative strategy, and as such we should not interfere with those relations, even if we do not sanction them.


    Source date (UTC): 2017-05-11 18:02:00 UTC

  • AMERICAN LIMITED LIABILITY MODELS c-corporation: taxes paid directly by the busi

    AMERICAN LIMITED LIABILITY MODELS

    c-corporation: taxes paid directly by the business entity, and shares and authority democratically allocated, and transfer of ownership contractually limited. (Required for public stock offerings.

    s-corporation: taxes paid by the shareholders and shares and authority democratically allocated, and transfer of ownership contractually limited.

    llc: taxes paid by the shareholders and shares and authority contractually allocated, and transfer of ownership contractually limited. Ownership by corporations or individuals. (most simple business structure)

    llp – Limited liability partnership: taxes paid by partners, and authority contractually allocated. Must have at least one managing partner with liability for actions, and all owners must be human, not corporations. (for small professional groups that have junior members, or external investors)

    Partnership – two or more people, no limited liability. Ownership non-transferrable. (stupid)

    Sole proprietorship – no limited liability. (Stupid)


    Source date (UTC): 2017-05-11 10:06:00 UTC

  • ON POLYGAMY I’ve answered this question repeatedly. So here we go again: (a) the

    ON POLYGAMY

    I’ve answered this question repeatedly. So here we go again:

    (a) the community will not insure it.

    (b) the community might ostracize it.

    (c) the ostracization is rational since it is not in their kin’s interests, and poses a normative risk to their kin.

    (d) there is nothing stopping you from creating a corporation with the identical properties of a marriage EXCEPT for the community insurance of the relationship.

    (e) so effectively you trade a decrease in normative social status in exchange for polygamy. And I have no reason to think this is not exactly the optimum condition.

    (f) i might argue that such a private contract might have higher value than the marriage contract since it is unregulated.

    In other words, IMO, marriage is an ancient natural law contract between a man and a woman for the formation of a corporation of community property that produces offspring who later care for the parents in old age.

    Every other relationship is not marriage but a contract that grants:

    (a) reciprocal exclusivity of resources of all kinds

    (b) reciprocal power of attorney over the community assets including one another.

    (c) reciprocal insurance against the vicissitudes of life.

    (d) reciprocal insurance of offspring.

    The difference being that the community will warranty non interference in the relationship and therefore the contract of marriage, and the community will not warranty the same of the alternative contract, since it is not in the interests of the community to foster these relationships. (no it’s not. sorry).


    Source date (UTC): 2017-05-10 20:04:00 UTC