Re: the future long term financial apocalypse of the USA

On Mon, 19 May 2024, Scott Dorsey wrote:

Dimensional Traveler  <dtravel@sonic.net> wrote:

The problem with your "definition" of a capitalist economy is that it
doesn't exist.  Never has.  There has ALWAYS been some kind of
regulation and laws about how commerce is transacted.  When you start
stripping away all the propaganda and unfounded beliefs you find that
you can't _HAVE_ capitalism without rules and regulations.  Can't have a
marketplace if there is nothing preventing someone from whacking someone
else over the head and taking their things.

>
What is wrong with rules and regulations?  I am all in favor of them if
they make the playing field fair, and I am against them when they make it
less fair.
>
When I was a kid, people who wanted to get rid of governments were called
"anarchists" and they were considered to be on the extreme left.  Now people
espousing the same views are called "tea partiers" and are considered to be
on the extreme right.  Something is wrong here.
>
Governments are good things, they exist to keep the system fair.
--scott

Just to add to this, the left anarchist I will not say anything about, but the right anarchist is not against rules and regulations per se. They just say that those rules should be agreed upon by people, voluntarily and enforced by contracts. There is no need for a government, you can have rules and regulations without it.
Is that feasible? That's a different discussion, but this is the difference between left anarchists and right anarchists or "anarcho-capitalists".