Theme: Property

  • ABSOLUTE NUCLEAR AND NUCLEAR FAMILIES (worth repeating) It may have required the

    ABSOLUTE NUCLEAR AND NUCLEAR FAMILIES

    (worth repeating)

    It may have required the ANF and NF to EVOLVE liberty outside of the aristocracy, but once we understand that all rights are expressible as property rights, because all criminal, ethical, moral and conspiratorial prohibitions are reducible to property rights, we can use the single law of property whether we would have evolved(invented) it or not.

    Once you have invented something you are not bound by the path of invention.


    Source date (UTC): 2015-05-18 04:23:00 UTC

  • TERRITORIAL, and TECHNOLOGICAL COMPETITIVE VALUE (profound) I’ve been arguing fo

    http://www.nytimes.com/2015/05/17/upshot/dont-be-so-sure-the-economy-will-return-to-normal.html?smid=tw-upshotnyt&_r=0&abt=0002&abg=0NORMATIVE, TERRITORIAL, and TECHNOLOGICAL COMPETITIVE VALUE

    (profound)

    I’ve been arguing for two decades that we have had 500 years of ‘unusual’ as we spread the voluntary organization of production around the world (often by force), and conquered and exploited two new continents. And that what we see is the new normal. There aren’t enough asymmetries to exploit any longer to maintain the prior asymmetry of wealth.

    Or rather, normative asymmetries (institutions) are terribly productive and last for generations if maintained, territorial asymmetries are almost as productive, and can last for generations if trade routes are maintained, while technological asymmetries are decreasingly durable.

    Or as technologists tend to say: “technology is not a competitive advantage” because it is so easily neutralized.

    Conversely, territorial, trade route, and normative asymmetries produce for the long run.

    Hence my (and Taleb’s) concern about fragility. And my concern that the progressive fantasy of technology as savior, and norm as inhibitor is backwards.


    Source date (UTC): 2015-05-17 06:36:00 UTC

  • NO MARKET FAILURES? Market Failure is a Propertarian Trigger Word I am working o

    NO MARKET FAILURES?

    Market Failure is a Propertarian Trigger Word

    I am working on the Market Failure topic today. And I honestly can’t think of any that are not caused by positive actions of government.

    Or the failure of the common law, because of it’s lack of independence from government.

    Or a failure to prohibit free riding on commons, by requiring some form of contribution to the commons in order to benefit from it.

    Or the interference of government in the suppression of dysgenic reproduction.

    Or a failure to accept/acknowledge that dysgenia is the WORST POSSIBLE form of externality production.

    I don’t make the argument government is unnecessary or undesirable. I make the argument that the law is the law and independent, and the production of commons is a competitive advantage, as long as it produces no dysgenic externalities.



    Types of market failure:

    1) Positive externalities – Goods / services which give benefit to a third party, e.g. less congestion from cycling

    2) Negative externalities – Goods / services which impose cost on a third party, e.g. cancer from passive smoking

    3) Merit goods – People underestimate the benefit of good, e.g. education

    4) Demerit goods – People underestimate the costs of good, e.g. smoking

    5) Public Goods – Goods which are non-rival and non-excludable – e.g. police, national defence.

    6) Monopoly Power – when a firm controls the market and can set higher prices.

    Inequality – unfair distribution of resources in free market

    7) Factor Immobility – E.g. geographical / occupational immobility

    Agriculture – Agriculture is often subject to market failure – due to volatile prices and externalities.

    #propertarianism


    Source date (UTC): 2015-05-17 04:53:00 UTC

  • Capitalism and the Capitalist System?

    [A]ll Social, economic and political orders require: 

    (1) The suppression of predation and parasitism,
    (2) the establishment of an allocation of property,
    (3) a construction of a means of resolving disputes, and;
    (4) a means by of organization of production.

    Totalitarian: It can be organized involuntarily: the elimination of private property, planning and slavery in many of its forms.

    Capitalist: It can be organized voluntarily by the use of private property, money, and prices.

    Mixed: It can be organized by a mix of private property, money, and prices, and the totalitarian construction of commons. (Which is what we do today). 


    A market forms under any condition in which goods are constructed for the purpose of exchange. 

  • Capitalism and the Capitalist System?

    [A]ll Social, economic and political orders require: 

    (1) The suppression of predation and parasitism,
    (2) the establishment of an allocation of property,
    (3) a construction of a means of resolving disputes, and;
    (4) a means by of organization of production.

    Totalitarian: It can be organized involuntarily: the elimination of private property, planning and slavery in many of its forms.

    Capitalist: It can be organized voluntarily by the use of private property, money, and prices.

    Mixed: It can be organized by a mix of private property, money, and prices, and the totalitarian construction of commons. (Which is what we do today). 


    A market forms under any condition in which goods are constructed for the purpose of exchange. 

  • suppression of predation and parasitism, the establishment of an allocation of p

    http://www.quora.com/What-is-capitalism-and-capitalist-system-market/answer/Curt-Doolittle?share=1The suppression of predation and parasitism, the establishment of an allocation of property, a means of resolving disputes, and the organization of production must be constructed.

    Totalitarian: It can be organized involuntarily: the elimination of private property, planning and slavery in many of its forms.

    Capitalist: It can be organized voluntarily by the use of private property, money, and prices.

    Mixed: It can be organized by a mix of private property, money, and prices, and the totalitarian construction of commons. (Which is what we do today).

    A market forms under any condition in which goods are constructed for the purpose of exchange.


    Source date (UTC): 2015-05-10 11:01:00 UTC

  • What Is Capitalism?

    The suppression of predation and parasitism, the establishment of an allocation of property,  a means of resolving disputes, and the organization of production must be constructed.
    1. Totalitarian: It can be organized involuntarily: the elimination of private property, planning and slavery in many of its forms.
    2. Capitalist: It can be organized voluntarily by the use of private property, money, and prices.
    3. Mixed: It can be organized by a mix of private property, money, and prices, and the totalitarian construction of commons.  (Which is what we do today). 
    A market forms under any condition in which goods are constructed for the purpose of exchange.

    https://www.quora.com/What-is-capitalism

  • How Do You Enterprise Capitalism?

    This is an illogical question.  How do you “Fast” the color “Green”.  It makes no sense.  Capitalism is the voluntary organization of production through the use of private property, contract, law, money, prices, accounting, and interest.  And the use of  and reward for use of resources is allocated to those who most satisfy the demand for those resources by the information provided by prices.

    An enterprise is voluntary organization of capital (time, people, money, assets) among individuals in order to construct an hypothesis that might produce a profit on the use of that capital – if their hypothesis is correct.

    An enterprise requires capital. 

    Aside from that the question is nonsensical.

    Cheers

    https://www.quora.com/How-do-you-enterprise-capitalism

  • What Is Capitalism?

    The suppression of predation and parasitism, the establishment of an allocation of property,  a means of resolving disputes, and the organization of production must be constructed.
    1. Totalitarian: It can be organized involuntarily: the elimination of private property, planning and slavery in many of its forms.
    2. Capitalist: It can be organized voluntarily by the use of private property, money, and prices.
    3. Mixed: It can be organized by a mix of private property, money, and prices, and the totalitarian construction of commons.  (Which is what we do today). 
    A market forms under any condition in which goods are constructed for the purpose of exchange.

    https://www.quora.com/What-is-capitalism

  • How Do You Enterprise Capitalism?

    This is an illogical question.  How do you “Fast” the color “Green”.  It makes no sense.  Capitalism is the voluntary organization of production through the use of private property, contract, law, money, prices, accounting, and interest.  And the use of  and reward for use of resources is allocated to those who most satisfy the demand for those resources by the information provided by prices.

    An enterprise is voluntary organization of capital (time, people, money, assets) among individuals in order to construct an hypothesis that might produce a profit on the use of that capital – if their hypothesis is correct.

    An enterprise requires capital. 

    Aside from that the question is nonsensical.

    Cheers

    https://www.quora.com/How-do-you-enterprise-capitalism