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I want a lot of the same outcomes as progressives I just believe that only the free markets, private money and individual liberty can deliver it.

Most importantly probably income inequality, crony capitalism/monopolies and endless wars.

inpc 1y ago

Same, I'm still not sure how free markets fix crony capitalism? I try learning as much as I can, I'm not exactly pro government, I've seen some of the corruption up close. I don't understand how folks don't become corrupt once the amass vast amounts of wealth, no one, to my mind, has solved the psychopath problem.

1% of humans are of that type and they appear all over the place, in government and in business. I try to keep an open mind but I've yet to find someone frame it in these terms.

Perhaps I need to read Hayek or something? He always comes across like a massive kill joy though.

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utxo the webmaster 🧑‍💻 1y ago

If the government is so small it can't afford to pick favored companies, that vast wealth eventually gives way to more innovative companies through creative destruction

There were times when ford, GE, at&t were the wealthiest companies

But now the government just prints money and bails them out

MSTR383 1y ago

If we had very minimal government, how would we police things like patents? Would we turn into China and just rip things off all the time?

utxo the webmaster 🧑‍💻 1y ago

We would still have court systems for this, or even private courts

But it's also possible patents are a communist construct and prevent lots of innovation from happening

🦊🔫🥩🏴‍☠️⚡ 1y ago

Information wants to be free

inpc 1y ago

I still wonder… for example, in the UK there was a tower block fire where approx 70 died. Lots of compromises were made to save money, the materials used were substandard, causing the building to burn way faster.

There was indeed government corruption, or at least some in government had links to the companies responsible. However, that’s all after the event. It was greed that caused the initial problem, the corruption was an also ran.

It’s likely the truth won’t come out fully for many years, there’s other disasters followed the same path.

In a minarchist state (I guess) what could prevent that kind of greed and psychotic behaviour taking so many lives?

I don’t trust the psychos!

arnaudom 1y ago

Crony capitalism exists because state has too much power over people's life. I think that a state with little power reduces crony capitalism development.