3.4.5, Means as Supply, and Capital Formation

We equated, in a prior post, ends with demand. Means we equate with supply. This post is going to be practical in nature. In that sense I depart from the apriori nature of the inquiry. But, there is something approaching necessity in the following considerations. There was a time when communities were limited to what […]

3.4.4, On Anarcho-Capitalism and rules for the use of material means.

We are moving toward the end of our analysis of the means. There is a sense in which the means are everything. But, they are only means relative to ends. And ends are only ends relative to values. Enough. We looked to Kant (3.4.3) for prescription for the use of means. He fundamentally prescribes not […]

Hoppe on the relative value of monarchy and democracy

The monarchical state is such that the ruler is a property owner. So, he is motivated by the preservation of the property such that it will be valuable as inheritance to his progeny. Not so the democratic state. The democratic state is such that the rule is but a renter who will be evicted in […]

On forced production and forced sale.

Imagine a firm that demanded from you a percentage of your income with threat that both that same percentage plus extra would be extracted in the form of fines or jail time if you failed to go along with the first. Imagine you asked what the reason was for this act of aggression and you […]

Homesteading and ownership

There is only one way to understand the initiation of ownership and private property. Their are conditions That which is homesteaded must be, just prior, unowned. Nothing which is already owned may be homesteaded. That which is homesteaded must be put to use. This is meant to prevent ownership be declaration. “I hereby own all […]

What is presupposed by argument

I take what I am saying (as best as I can) from Hans Herman Hoppe’s The Economics and Ethics of Private Property. The ethical point he wishes to make is that private property is presupposed by argumentation. Otherwise said, argument presupposes the private property ethic, and without it, argumentation is done. That two are arguing […]

On progress

It is an interesting question as to what those who want progress think its possibility lies in, what its conditions are. Stated briefly, the economic crisis of 1920-21 was overcome with much greater speed than the economic crisis of 1929. What was the difference? The role of government. The speediest way through economic crisis is […]

On Envy, Equality and Noticeability

From Helmut Schoeck, Envy: “Man’s envy is at its most intense where all are almost equal; his calls for redistribution are loudest when there is virtually nothing to redistribute.” From de Tocqueville, The Old Regime and the French Revolution: “It is a singular fact that this steadily increasing prosperity, far from tranquilizing the population, everywhere […]

Investment and savings

Only saved capital can be invested. That government cannot save without aggression is obviously true. Otherwise it would be just another firm competing. That government can invest is thereby made false. Government can employ force and initiate aggression against those it retains non-competitive domination over. Thereby it is able to take from some and give […]