SpiderMonkey wrote:Unemployment - What on earth makes you think a free market would have no unemployment? The burden of proof is on you with that outragous statement.
The perfect example for this is the United States' economy as it is today. There are millions of people in the U.S. who are willing and able to work, yet they are unemployed. Both of the main parties try to fix this problem, but they fail to realize that their policies are simply making things worse. They fail to see that when they try to have a planned economy, when they inflate how much money there really is, when they give special privilages to banks, or when they subsidize businesses, they cause a dangerous cycle. That cycle is one which consists purely of economic high points and economic low points. This cycle destroys healthy companies, misleads investors, and causes massive unemployment. Here are some of the main causes for unemployment:
- taking money that consumers would use to pruchase more goods and services
- taking money that companies and consumers would use to make investments
- subsidizing foreign industry, foreign governments, and the people of those foreign countries
- trying to fix their bugdet deficits with loan money, that could be used to expand businesses and create new jobs
- hampering free commerce and free trade
The reason there is such heavy unemployment in the United States is due to these very factors. For one, the government takes taxpayer money and squanders it to subsidize FOREIGN governments, companies, and the people of those countries. This does nothing more than put our own companies at a competative disadvantage. Now foreign goods will be imported at lower prices because our government helped the companies produce those goods. This has to stop immediately. All foreign aid should be 100% voluntary and privatized.
Overburdening taxes is the number one reason for poverty. All taxes do is discourage the flow of capital into the country. It hampers the expansion of new companies, industry, and business, which in turn hampers the creation of new job markets. When a company pays lower tax rates, they are able to use that extra money to create more capital, which in turn allows them to produce more goods and services at a lower cost to the consumer. However, when a company is over-taxed, their extra burden they have does not end there, it gets passed on to the consumer. This creates two problems: firstly, your countries goods can no longer compete in the foreign markets because your financial burden is so high, that you have to overprice your goods and services; secondly, it unneccessarily raises prices to the domestic consumer.
The biggest cause of unemployment is all of the superfluous regulations and government mandates. When programs like these are in place, companies are now forced to devote a large portion of their company resources to obey the new mandates instead of using that money to expand and create more jobs. These mandates are the worst for small businesses, who collectively account for the largest employment rate, and who often simply can't afford to obey the mandates. Then they are forced to go out of business, which in turn causes a loss of yet more jobs.
SpiderMonkey wrote:Companies don't have to pay their workers enough to live, and there is no social security, so people lose their homes.
You're right about one thing. Companies don't have to pay their workers enough to live, but if they don't, I guarantee that in a free market economy, that company would have no employees. If you can't earn enough to live, why bother to work? The company could not sustain a healthy employee base, and it would fail immediately.
SpiderMonkey wrote:Some people own capital and some people do not. Many in the middle are given a small amount of the proceeds of some capital but it is not their main source of income so they don't control it. Classes.
If there's one thing history should have taught us about Man, it's that he's always going to form cliques, and separate himself into groups. Those groups often discriminate against other groups, but in a free market economy, if they don't work together, the whole thing falls apart.
SpiderMonkey wrote:What he fails to mention is that the 'common' man in developed countries is an engineered class
Actually when he speaks of the common man, he is referring simply to that class of people which has the biggest population.
SpiderMonkey wrote:The real price that is paid for the standards of living in our nations are deliberately paid beyond our borders, and its called imperialism.
In the United States today, this is absolutely true, I must agree. However, the Libertarians absolutely do not favor foreign intervention unless it is absolutely necessary. In fact, we make it a point to be as non-interventionist as is possible, both economically and socially. We would never enact tariffs on any foreign imported goods, as well as we would never initiate any kind of agression that wasn't directly impeding our life, liberty, or property. For example, the current war in Iraq, although we may disagree on the movites of the government, we do agree that it is wrong is damaging the international community, as well as our own country. Such an act would never take place in a Libertarian government.
SpiderMonkey wrote:Don't even try to argue the lie that capitalism makes us all better off. It is absolutely false and you know it.
I think you have been misled to believe that what you see in the United States today is what capitalism ought to be. I assure you, it is the exact opposite. The United States today is absolutely NOT capitalist. As much as you will disagree with this statement, the U.S. is actually quasi-socialist with a lot of imperialism mixed in. I say quasi-socialist because major redistrubution of the wealth is already taking place in every sector of our social and economic lives.