Preserving Capital Near the State

One has to take note of the presence of the state and its addiction to taking by force. Then, one has to decide how to protect and preserve ones capital, and how to increase it through investment if investment is possible. Let us consider preservation first. Preservation has been made all the more difficult by …

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 …

On not spending

Not spending presupposes homesteading, production or trade. These are the only ways in which one can have property to not spend. You are the homesteader of your body (energy, attention, muscle, blood, brain, feeling, choice). How else do you do anything with it without asking permission from anyone else? Once homesteaded, work toward production or …

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 …