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[quote]Suppose for a moment, in 8 years, the country has taken a major libertarian course, due to the horrible job both parties have done. Congress, Senate, and the Presidency is all under the control of libertarians. We libertarians rejoice, victory is ours, and as a result the country starts to recover. 25 years pass and libertarian influence declines
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Some examples: The market didn't touch Standard Oil. It just kept getting stronger and stronger until the government broke it up. The auto market in the US was an oligopoly from the 1930s until the 1980s, before Japanese competition finally weakened it. So half a century. The US steel market was dominated by a couple of countries from the start
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You seem quite convinced that competition would eliminate anti-competitive behaviors, but are not exactly clear on how this mechanism works. If the anti-competitive behavior drives competing firms out of the market or establishes significant barriers to entry to get in the market, how does competition solve the problem of the anti-competitive behavior
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So, I just move to Singapore when I grow up! (I don't have a problem with the toilet rule).
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I know; I'd just like to know which countries regulate the least.
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Which ones are they?
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[quote]The term "ownership" refers to a special relationship between an individual and a rivalrous object : namely, that the individual (the "owner"), and not his rivals, has ultimate decision-making jurisdiction (or "rights") over the object (the "property"). All political philosophies advocate some set of rules
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Why is there only one post on this? Bump.
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[quote]Why is the the word "epistemically" in that sentence? o.O[/quote] Should have been "philosophically."
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[quote]Nothing objectively gives anyone the right to control anything. Rights exist only within the mind.[/quote] So theft isn't wrong.