Re: the future long term financial apocalypse of the USA

In article <5sN2O.32877$SNzd.8147@fx40.iad>,
Scott Lurndal <slp53@pacbell.net> wrote:

D <nospam@example.net> writes:

>
>
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.

>
How does a "contract" (a simple piece of paper) enforce anything on
its own?

Through compelling moral gravitas. Suppose for example, you sign
 a contract with Ea-Nasir for some copper. Further suppose the
copper delivered was subpar or even wood painted copper. Wave the
contract at him and surely he will instantly be shamed into providing
the copper he promised. Probably there would a clay tablet commissioned
to commemorate the event.

Alternatively, suppose Doug the developer would like to purchase D's
land. He sends Leg Breaker Leon and Excessively Homicidal Phil around
to make a fair offer. D accepts the fair offer. While he is recovering
in hospital, he discovers that his beloved family home has been torn
down (with his family inside) and construction has begun, but no funds
were transfered to his account. All he need do is admonish Doug and
present the contract, at which point he will mysteriously fall down a
flight of stairs seventeen times before being hurled off the top of
a sky scapper, because this is magical fairy libertopia, there are
no cops,  and Leg Breaker Leon and Excessively Homicidal Phil got
their names for a reason. Everyone wins, and there's no need for a
nanny state. 
--
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