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So what you're getting at is that there will be conflict between the builder and the owners downstream, and that the private courts, etc. are a better means of resolving the conflicts than compulsory statist courts? Now that I think about it, I suppose I fell into the Nirvana Fallacy with that question. Still, the other part of the question remains
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Also, if factories if China and Burma are like prisons, why are people voluntarily going and working in them?? It must, by necessity, be their best available option, or they would seek employment elsewhere. These are people who would almost certainly be thrown out of work if a minimum wage were enacted.
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1. You cannot isolate one factor in the real world. You can't, therefore, this study proves nothing. 2. Exploitation? Where it this exploitation? It's all voluntary interaction. 3. What's a "fair wage"? $10.00? If that, then why not $9.99? Why not $9.98, etc. ? 4. When you throw around the word "corporation", I really
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I've encountered this problem, and I wonder what the libertarian solution would be. Let's say that a large river is divided into eight sections, each of which has a separate owner. Each (of course) has the right to do what they want, and build what they want, on their section, as long as they don't damage the other's property. My question
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I was indeed referring to a book. Thanks everyone!
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Just a question for all of you: in your opinion, what is the most comprehensive, ironclad defense of Anarcho-Capitalism that you know of?
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Hmmm... might jsut be better to post the URL. http://24.media.tumblr.com/tumblr_m3etwvQp8L1qkgdk9o1_1280.jpg
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Hello All, Having watched Walter Block critique Coase's version of property rights put forth in The Problem of Social Cost , (which, for those who haven't encountered it, is that property should be determined by who can make best use of it in the future) I have come to a conclusion: Ronald Coase did not invent this theory. If I have a right