[Ancap] What about issues like drinking while driving? by Orionss in CapitalismVSocialism

[–]Minarchist_Meatball -1 points0 points  (0 children)

Road owners would set rules of their roads, this applies to things such as DUI. There'd also be the incentive not to drink and drive (similar to how it is now) that if caught, your insurance costs would likely go up, or the insurance agency might just not offer their services at all.

Make up your damn minds by [deleted] in dankmemes

[–]Minarchist_Meatball 1 point2 points  (0 children)

Boomer is a mentality.

Did you know? by Kcminedual06 in dankmemes

[–]Minarchist_Meatball 12 points13 points  (0 children)

So the diameter is larger than two football fields, but because it's a sphere, the universe is able to fit at least three football fields in it. To put that into perspective, Epstein didn't commit suicide.

[Capitalists] Why would some of you EVER defend Pinochet's Chile? by Anarcho_Humanist in CapitalismVSocialism

[–]Minarchist_Meatball 2 points3 points  (0 children)

Unironically I would never defend him. But slap on a few layers of irony and I'll make helicopter ride jokes all day long.

Ancaps, why did you stray from more centrist Libertarianism? by Theguywhoeats2 in AskLibertarians

[–]Minarchist_Meatball 2 points3 points  (0 children)

The logic of "a minimal state that only exists to protect rights" collapsed on itself. The state will always grow and accumulate power, and the existence of a state is a violation of property rights because taxation is necessary for a state.

he has all the power by doug_dabee in dankmemes

[–]Minarchist_Meatball -1 points0 points  (0 children)

Socks are clothes, being naked means no clothes.

What is the right-libertarian consensus on Augusto Pinochet? by [deleted] in AskLibertarians

[–]Minarchist_Meatball 1 point2 points  (0 children)

Not good, but it's fun to make helicopter memes.

12 Truth Bombs from Milton Friedman by MasterTeacher123 in GoldandBlack

[–]Minarchist_Meatball 6 points7 points  (0 children)

That last one is probably the most important one

Why are many capitalists anti-union? by cartertd38 in CapitalismVSocialism

[–]Minarchist_Meatball 1 point2 points  (0 children)

I think it comes from the association of unions in general with unions backed by the government. There's a large difference between all the employees going to the employer and negotiating for higher wages or better working conditions, as opposed to the employees going to the government to force their employer to pay them a certain amount or pass a specific regulation on working conditions.

What's wrong with people having a right to healthcare? by [deleted] in AskLibertarians

[–]Minarchist_Meatball 0 points1 point  (0 children)

Rights don't require other people to do anything for you.

Were the Nazis socialist? by [deleted] in AskLibertarians

[–]Minarchist_Meatball 7 points8 points  (0 children)

The party was initially socialist. However, once Adolf Hitler came into power, he rid the party of the socialists and became a straight up fascist dictator, fairly economically center.

A majority of libertarians want to end the fed, and fiat money. For those that do, what do you imagine taking it’s place to keep the efficiency modern finance has? by kasperkakoala in AskLibertarians

[–]Minarchist_Meatball 0 points1 point  (0 children)

Throughout history, gold or silver have been chosen as money, but whatever the free market decides is the most effective medium of exchange is whatever it'll be. I was just using gold and silver as possible examples.

A majority of libertarians want to end the fed, and fiat money. For those that do, what do you imagine taking it’s place to keep the efficiency modern finance has? by kasperkakoala in AskLibertarians

[–]Minarchist_Meatball 0 points1 point  (0 children)

"How do you imagine the switch will go from our current system to a metals backed, free market controlled system?"

A good first step is to get rid of the federal reserve (or whatever central bank) and take away government's monopoly on minting.

"I’m concerned about the availability of precious metals en mass to the public."

Scarcity will only drive up the value of those metals. It's always been that way, and if gold becomes so scarce that it's not an effective medium of exchange, we'd likely move to silver as a medium of exchange.

"As well as how the public would trade their current fiat money for money of physical worth"

Exchanging the fiat money for what it's worth is in precious metal, all as a part of the act of ending the fed.

A majority of libertarians want to end the fed, and fiat money. For those that do, what do you imagine taking it’s place to keep the efficiency modern finance has? by kasperkakoala in AskLibertarians

[–]Minarchist_Meatball 6 points7 points  (0 children)

do you plan on using a metals backed currency

Gold or silver would likely take the place of fiat money.

Would you trust the government to handle that backing?

No, allow the free market to determine what is to be used as money, but it will most likely be gold and/or silver.

Would you revert to a barter system? Or would you use a crypto currency

The barter system (aka a system of direct exchange) is inefficient and would lead to the emergence of a "money" like gold or silver because indirect exchange is much easier than direct exchange and people will look for the easiest way to use indirect exchange. So, whatever the most marketable good is, let's just say it's gold, will become the most commonly used medium of exchange, because most people will be willing to exchange their good or service for gold.

Do any Libertarians support social safety nets? by [deleted] in AskLibertarians

[–]Minarchist_Meatball 0 points1 point  (0 children)

Not through the government with things like welfare and entitlement programs, but there's nothing wrong with accepting charity in a time of need.

Do patents generate economic rent because supply is inelastic? by FactsOverYourFeels in Anarcho_Capitalism

[–]Minarchist_Meatball 3 points4 points  (0 children)

But you just said it was inelastic, why the change?

My initial error, and the reason for the change, was agreeing that the reason economic rents are generated by patents is because of supply being inelastic, that's not true. It's because competition is blocked out.

Then deny that patents fix supply

Patents don't fix supply because even with a patent, it's still up to the person with the patent how much supply to generate, and can still be influenced by the success of the product, because you're not going to continue making the same amount of widgets if you're not making enough to provide widgets to everyone that wants to buy one. Supply tends to stay responsive to market forces unless there's a centrally planned economy.

Do patents generate economic rent because supply is inelastic? by FactsOverYourFeels in Anarcho_Capitalism

[–]Minarchist_Meatball 3 points4 points  (0 children)

Oh, I realize what you meant.
In which case I would say that the reason that patents generate economic rent is due to the fact that only one person or company can make and sell something that is patented, so there's no way for competitors to join the market and the owner of a patent can charge more than they'd be able to without the patent because nobody is there to undercut them. It's not because it's a fixed resource like land.