It’s likely that SOMEONE has SOMETHING or can produce SOMETHING that you as an individual need or desire. The beauty of sound money operating in a free market is that you can rightly pursue that with your own efforts and talents, you don’t need to take it from anyone.
When I say “free market” I’m referring to a free market economy; rational human behavior under the influence of scarcity and trade-offs (not influenced by policy or threats) by way of exchanging goods and services with one another. Not anarchism, just to clarify.
Human beings are very good at properly orienting themselves when they live in societies/communities with a sound moral incentive structure, a sense of justice, and the expectation that the fruits of their labor won’t be unjustly seized or confiscated.
They’re very bad at orienting themselves when they have no way to save or plan for the future, have no expectation of justice or property rights, and when the moral incentives are skewed to favor the greedy and corrupt.
Some of the greatest human prosperity, achievements, and innovations have occurred during eras of human history when sound/hard money was being widely utilized. I believe it would solve the issues we are discussing. There is precedent for it.
Oh absolutely, there are many things I would rather trade or pay someone else to do. But I can pursue those types of things in any market, doesn’t have to be free.
Do you have an example in history of a “free market” that you are referring to? How can you have a free market, with property rights, without enforcement?
Societies and communities function very well when they know that their labor is fairly compensated and all their needs are met. Humans are social animals and love working together to achieve the same goal. However, history has taught us that when one group of people hoard resources, this always ends badly for both parties…humans don’t like injustice.
Fortunately for us, history and present times has shown us that for certain capitalism is NOT the best system.
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