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Replying to Avatar Mî¢h&|3 Dëgli Ü3ę®tį

Sad, but true.

I almost completely agree with your (austrian economics based) unforgiving analysis and I understand your point.

BUT As with marxism, for all its elegant logic and philosophical arguments, austrian economics cannot offer one real world successful solution.

It's a beautiful theory, but if you put it in practise to its extreme consequences like modern austrian economists tried to do you'll end up with a feudal model of society, not with a free market one.

Coercion and violence are in our DNA.

Therefore the State is a necessary evil in complex societies to solve disputes and monopolize/control violence.

Therefore taxation and regulation.

And some kind of welfare.

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Ghost of Truth 10mo ago

Good points. I prefer the private based aristocracy over state coercion any day... let's hope freedom will be a meta narrative one day

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Mî¢h&|3 Dëgli Ü3ę®tį 10mo ago

Yes, freedom. And peace.

This continent doesn't seem to have learnt much from XXth century bloody history.

Fiat money is the main cause of state promoted industrial scale warfare for sure.

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Mî¢h&|3 Dëgli Ü3ę®tį 10mo ago

You cannot tax/forcefully recruit your citizen/subjects as much as you can do with inflation and propaganda

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Ghost of Truth 10mo ago

Very true

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