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Does Capitalism require government to exist and function?
Please ignore my grammar in the thread title. :3oops:
Does Capitalism require government to exist and function?
Please ignore my grammar in the thread title. :3oops:
Does Capitalism require government to exist and function?
Please ignore my grammar in the thread title. :3oops:
Yes it does, capitalism is not total freedom of the markets, nor total freedom from regulation and other gov't activities. Without a government there's no printed currency, no quality control(ie people don't trust each other's products), no one to keep total anarchy out, without a gov't its total lawlessness.
"Given this dismal monetary and banking situation, given a 39:1 pyramiding of checkable deposits and currency on top of gold, given a Fed unchecked and out of control, given a world of fiat moneys, how can we possibly return to a sound noninflationary market money? The objectives, after the discussion in this work, should be clear: (a) to return to a gold standard, a commodity standard unhampered by government intervention; (b) to abolish the Federal Reserve System and return to a system of free and competitive banking; (c) to separate the government from money; and (d) either to enforce 100 percent reserve banking on the commercial banks, or at least to arrive at a system where any bank, at the slightest hint of nonpayment of its demand liabilities, is forced quickly into bankruptcy and liquidation. While the outlawing of fractional reserve as fraud would be preferable if it could be enforced, the problems of enforcement, especially where banks can continually innovate in forms of credit, make free banking an attractive alternative." -- Rothbard
http://en.wikipedia.org/wiki/Murray_Rothbard#Free_market_money
Not at all, it has existed prior to formalized governments.
how do you figure?
How many capitalist anarchist societies have ever existed? Strangely, Somalia's complete lack of government hasn't done much for local economy. Capitalism requires the state to provide the foundation about which commerce relies to operate. At the bare minimum you need the state to protect against bandits, prevent fraud, and enforce contracts. If you want actual wealth and a successful economy, you need a lot more than that.
Chickens for "health care" :roll::mrgreen:Trading for perceived higher value goods has existed since man learned to craft/cultivate things.
Some people built a kind of wealth with this trading.
You'll notice that in areas where government is scarce or non existent, that people still function like this but instead of using money as a means of trade. They use cows, pigs and other things as a measure of wealth.
It still happens to this day.
Chickens for "health care" :roll::mrgreen:
Capitalism needs the state in order to function. It needs the state to enforce contracts protect property, enact and enforce intellectual property rights etc. The very core of capitalism is private property rights and these only exists as long as there is a legal system to protect them.
Capitalism is a government programme.
Does Capitalism require government to exist and function?
Technically no, but I believe that minimal government protection is needed for a more prosperous society.
How many capitalist anarchist societies have ever existed? Strangely, Somalia's complete lack of government hasn't done much for local economy.
Capitalism requires the state to provide the foundation about which commerce relies to operate. At the bare minimum you need the state to protect against bandits, prevent fraud, and enforce contracts. If you want actual wealth and a successful economy, you need a lot more than that.
Failed State =/= Anarcho Capitalism.
No actually you don't, you can still have voluntary private police forces and courts. The rights of collective and individualistic self defense would not be abridged. You don't need a state to determine that someone has violated the non-aggression principle by perpetrating fraud, violating contract, raiding villages etc.
A voluntary police and court would be so open to corruption and power abuse, it would probably be more like a mafia.
And how would these courts have any power if they had no basis for enforcement, if there's no gov't no one can make me listen to whatever the court says.
A court exists to judge people's actions against laws and force its will on others, thats called a government.
While collective and individual self-defense would still be allowed, since there's no gov't obviously, but you'd have a hard time convincing me its more efficient to constantly be defending yourself from other people, not to mention other states, rather than have a police or military.
Actually you do need a state to decide who has violated non-aggression principles, or has committed fraud, contract violation, etc.
If you have a system which punishes people for these actions, then you have laws against them, then you have a government, that is the exact definition of one.
The definition of sovereignty is a monopoly on violence in a particular area and via this monopoly of violence the gov't can make and enforce laws, this is exactly what you are talking about here.
You are arguing that a gov't doesn't need to exist to monitor people because people can just form a gov't to monitor themselves.
Capitalism requires increasing state intervention and the continual expansion of the bureaucracy of the executive to survive. These are features inherent to it.
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