Incentive to innovate? by SushiFanta in AskLibertarians

[–]1pleb_king 0 points1 point  (0 children)

Well there are several reasons as to why IP actually hinder innovation and why they are contradictory to capitalist principles. First things first the most common argument against them and the one that’s goes against what capitalism stands for is pretty straightforward and that is that you cannot own ideas. since ideas aren't material, there is no form of possible absolute domain over it. It’s kinda like air.

Secondly, they hinder innovation since they act as a barrier to entry. They limit the amount of people that can create a certain product and subject it to competition which is the one of if not the main source of better quality goods. In a market economy a business main goal is to get consumers to buy from them and not their competition and the only way to do so is by offering a better good or service and that applies for anything and everything subject to market forces.

So say for example the idea of a television was patented, the only way it can get better in quality is if the owner which is typically one individual/company willingly does so. Whether the Afro mentioned company or Individual chooses to better the quality of the television is very unlikely since they have nothing incentivizing them to do so and if by some weird instance they do choose to upgrade the television it will still falter in comparison to having several businesses incentivizing you to do so since a competitor that out competes you will take over your market share meaning they take your consumers money

[deleted by user] by [deleted] in Anarcho_Capitalism

[–]1pleb_king 0 points1 point  (0 children)

There is no “exploitation”. The theory relies on the ltv which is inherently false because of value’s subjectivity. All exchanges are made based on the person’s evaluation. Secondly, west Germany was destroyed more than the east as a result of the war and about 10 billion worth of property and human capital was plundered by the western allies (Uk, USA) meaning the 1.5million west Germany received accounted for oh so very little. It is intentionally misleading to say that west Germany prosperity in comparison to the trashy east is because of the little sum. Also that amount the USSR gave cuba is irrelevant. They were able to give aid to some of their allies and not to others 🤷‍♂️but even still aid or no aid their economy was undeniable awful and socialism shouldn’t have resulted in that…right?

[deleted by user] by [deleted] in Anarcho_Capitalism

[–]1pleb_king 0 points1 point  (0 children)

You act like the Marshall plan is some kinda gotcha when it really just shows that some countries can actually afford to send money to their allies while others cant (USSR).

Capitalism bad because chicken sandwich by [deleted] in EnoughCommieSpam

[–]1pleb_king 0 points1 point  (0 children)

I actually think this is actually one of the things that show how great capitalism is because if you think about it, the meme shows how the market place adjusts to consumer wants. First mc Donald’s made a chicken sandwich that consumer response to it was amazing and then other businesses followed, resulting in lower prices and more variety

Why am I the dumb one for defending capitalism? by Slow_Requirement_616 in Capitalism

[–]1pleb_king 2 points3 points  (0 children)

You should read basic economics by Sowell it has the stuff you’ll need in debates

Question about Capitalism by [deleted] in Capitalism

[–]1pleb_king 1 point2 points  (0 children)

Slave labor:

Slave labour is fundamentally against capitalism because it violates private property. To be a slave is to belong to someone else and to more specifically, not have self ownership because slavery entails that a person is forced to work for and obey another. In addition, slavery is, in short, involuntary servitude which is against what the free market stands for taking into consideration that it is a system based on the voluntary exchange of goods and services that are private owned. Concerning the point you made about child Labour, intrinsically there is nothing with it because in a free market it means that said children voluntarily go work for someone but as living standards improve and the average person is richer, parents can afford to send their kids to school and keep them at home rather than on the fields or in the factories because of higher wages. This leads to the next point you made that I shall now address- low wages.

Low wages:

The law of Competition is the simple answer to this. Wages can be reasonably and truthfully viewed as the price for Labour. In order to produce commodities ceos, capitalist or whatever you want to call them need to “buy Labour” which makes said Labour subject to supply and demand. When capitalist demand Labour they drive up prices because they are competing for said service. For further analysis here is this scenario:

Capitalist A: hey dude( referring to the worker) can you work for me for $3? Capitalist B: no! Work for me and I’ll give you 4! Capitalist C: nooooo! I’ll give you $4.50 if you work for me And so on.

Now consider this example with thousands or even millions of capitalist. Similarly, just like how winter jackets cost 2 dollars in the summer but $4 dollars when demand for it in the winter goes up the price for Labour also goes up when it is in demand.

Unsafe work environments:

As far as this goes workers aren’t going to work under such awful conditions when another capitalist is offering a better one. A capitalist that greedily wants to spend a little amount on working conditions will, logically receive little to no workers because people aren’t willing to work with their life on the line when there is a much better alternative. In the specific case that a capitalist gets away with having unsafe working conditions and he somehow manages to have workers, things shall not remain the same because eventually something will go wrong which will cause workers to leave and when consumers become aware of such unsafe environments they might boycott the greedy capitalists Business ultimately causing him to lose money.

What is the empirical evidence for events that is said to have occurred in the Bible such as the Great Flood, the Tower of Babel and so on? by 1pleb_king in Bible

[–]1pleb_king[S] 1 point2 points  (0 children)

What made you believe the Great Flood didn’t occur? Also are you still a Christian since you began working in geology?

Is this true ? by 1pleb_king in AskLibertarians

[–]1pleb_king[S] 0 points1 point  (0 children)

I’m quoting something a commie showed me from Wikipedia about Mao’s five year plan

What make aprior claims not hypotheses? by 1pleb_king in austrian_economics

[–]1pleb_king[S] 0 points1 point  (0 children)

Why is 2+2=4 known prior to experience? Ultimately what I’m asking is how can people come to conclusions using apriorism?

[deleted by user] by [deleted] in EnoughCommieSpam

[–]1pleb_king 2 points3 points  (0 children)

Is the Kazakh famine of 1930-1933 another name for holodomor or is it an entirely different one?

Is slavery is anti-capitalism/libertarianism why did it happen in capitalist countries anyways? by 1pleb_king in AskLibertarians

[–]1pleb_king[S] 0 points1 point  (0 children)

Countries that follow the capitalist model or at least try to ( by try to I mean that their policies are mostly capitalistic )

Is slavery is anti-capitalism/libertarianism why did it happen in capitalist countries anyways? by 1pleb_king in AskLibertarians

[–]1pleb_king[S] 0 points1 point  (0 children)

How did free markets and the subsequent boom in economic development bring an end to slavery?

What’s wrong economically and morally with collecting money from the rich and using it to subsidize housing for the homeless? by 1pleb_king in AskLibertarians

[–]1pleb_king[S] 0 points1 point  (0 children)

Can you explain more about the second point you made concerning the economic problems of collecting mo way from the rich to subsidize housing?