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Wednesday, May 10, 2006 - 7:17pmSanction this postReply
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JA:  The franchise does not have rights to tell me how to run a business without a contract. The government's role is to protect individual rights, this is not at all the same. I am forced to put 7 trees ... 
If it helps, call the entity that ultimately owns (i.e, controls) your real estate, "Govco."  They have a large corporate body ("voters") that elects several kinds of "directors" (Congress, President... governor... mayor...council, board...) and that collects investments ("taxes") and pays dividends ("entitlements" or "benefits").    The fact is that Govco is external to you and you choose to cooperate with it for your own profit.

It is a principle of Objectivist metaphysics and also an axiom of Austrian economics that no entity is beyond the market, any more than there can exist a "supernatural" being.

In Keynesian economics, they teach that there are three kinds of entities: households, businesses and governments.  In real economics, we know that all that exists are individuals.  Some are artificial, such as Enron, Chevron, and Govco, other are corporeal like Joseph, Robert, and Michael.  All are subject to the name physical laws of "human action."


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Wednesday, May 10, 2006 - 8:53pmSanction this postReply
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Michael,

"It is a principle of Objectivist metaphysics and also an axiom of Austrian economics that no entity is beyond the market, any more than there can exist a "supernatural" being."

In your sense of "market" any predator is going to the marketplace when he goes out hunting. Supply must meet demand or else the hunter dies, granted. I'd rather focus on how free markets work, and how to get there, and how to recognize when you are not there. Like when you are forced to plant trees on your "property"....etc.

"Govco". Like a super, colossal, giant Walmart, with really big guns and a bad attitude? Thus "choose to cooperate" becomes a fairly easy choice for most people, is that what you're getting at?

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