Thursday, March 17, 2011

Pure Unregulated Capitalism in an Imperfect World

Well, when I read the Last of Soapster's Comments that I've Gotten Behind in Commenting on, I was Debating about just Submitting it as a Comment, or Making a Whole Separate Post from it and I decided that it was an Interesting Enough Topic that I Could do a Whole Separate Post on it.


Here is Soapster's Comment that was Submitted on March 16, at 1:33 PM...

"'On the comment from Soapster about libertarian view, he denies this requires a perfect world.'

"That is a rather bold statement to make and an especially bold statement that should include some foundation on your part as to why you believe it requires 'a perfect world.'"

"It does not."



Me Talking Now
Soap's First Sentence is a Quote from P.J.Grath.  Grath's Comment was Submitted on March 16, at 6:29 AM.  You Will Find the Entire Comment Under my Post, More Liberal Facts and Figures.

I Guess Grath was Responding to Something that I Said in Even an Earlier Post.  In the Last Paragraph of my Another Look at Libertarianism Post, I Wrote the Following...

"Perhaps if we Lived in a More Perfect World, the Perfection of Pure Unregulated Capitalism could Work, but we do not Live in a Perfect World and in Our Imperfect State, the Strong are Continually Oppressing the Weak.  Without Regulation, such Oppression will do Nothing but Get Worse and Worse.  That's just the Way Man is."

I'm Hoping that his will Answer Soap's Question, yet this is Also Open to Further Discussion.

11 comments:

cwhiatt said...

Ever heard of David vs. Goliath?

The strong and powerful always fall. That is the law of nature.

Silverfiddle said...

"The strong are continually oppressing the weak. Without Regulation, such Oppression will do Nothing but Get Worse and Worse."

You just described government. The founding fathers set up a balancing act, with different interest groups and power centers keeping one another in check. The federal government now has all the power. America is unbalanced

Lista said...

Interesting Comment, Soap. I'm Actually Impressed because it has to do with a Christian Principle of Faith. David Prevailed over Goliath because of Faith, not because of any Automatic "Law of Nature". If there is such a Law in Nature, it has to do with Faith, or the Lack thereof, not just with Power and Weakness, yet this is the One Argument Made by Christian Libertarians that does have some Merit.

The Problem that I have is that too Often too Many of those who are Hungry, such as those in Third World Countries, just Remain Hungry. Faith and Charity just doesn't Seem to Go Far Enough. I don't Know why that is True, Only that it is.

I might Even Come Back to this Later and Evaluate this from a Biblical Perspective, or more Specifically the Time in which the Israelites Asked for a King and it wasn't God's Perfect Will, but since they Insisted, He Allowed it. Thanks for Triggering that. I'll be Back with more Later.

Lista said...

Hi Silverfiddle,
I was just Thinking about you as I was Writing my Previous Comment and had not yet Noticed the One that you had just Written.

In an Imperfect World, Both Extremes are Bad. When there is too Much Power in the Hands of the Government, it is just as Bad as when there is too Much Power in the Hands of the Individuals who have all the Money. Either Way, it is a Negative, for Power Corrupts no Matter who has it.

Lista said...

Here is the Passage Relating to the Children of Israel Asking for a King. Samuel Didn't Want to Honor the Request and it Obviously was not God's Perfect Will, but God Told Samuel to let them have their Wish, or "Hearken unto their voice, and make them a king." (I Samuel 8:22) Here is the Entire Chapter. Keep in Mind, though, that this was a Monarchy that they were Talking About, not a Democracy.

Lista said...

One Way to Look at this is that Perhaps Big Government is not Preferable, yet if the People in Our Country Insist on it, then well, We just Need to Allow it. There is no Point to Agonizing Over it, or even of Becoming all Emotional and full of Anger and Hatred towards those who are on the Wrong Path.

dmarks said...

Lista said: "When there is too Much Power in the Hands of the Government, it is just as Bad as when there is too Much Power in the Hands of the Individuals who have all the Money."

I tend to disagree, really. While both extremes are bad, the track record on the first (too much power in the hands of government) is far far worse.

The damage wrought by Stalin, Lenin, Mao, Hitler, Pol Pot and the like is worse than the damage wrought by robber-barons.

Lista said...

You are Speaking of Monarchies, though, Dmarks, not Democracies. When I Think of the Power of the Individuals, I Think of the Poor Treatment and Conditions of Early Factory Workers. Right now, though, it is the Unions that have the Power, not the Businesses and they are Corrupt as well.

dmarks said...

Well, I was trying to think of the worst possible extremes of unfettered capitalism vs unfettered government.

The worst single incident involving unfettered capitalism I can think of now was the Bhopal chemical disaster.

The initial deaths were 3,000. Which was how many that the socialist government of Serbia killed in its massacre at Srbenica.

Lista said...

Right, so Both are Destructive.

BB-Idaho said...

True, we are regulated by government and if we work for a company, regulated by business. In addition to Dmarks observations about workplace health above, we note in passing,
20,000 US deaths from Black Lung Disease among
coal miners, and 10,000 deaths due to mesothelioma
(asbestos) in some industries. On the good
regulation side, we note
the thalidamide problems of the 50s where over 10,000 deformed live births occurred from the drug, but the action of the
FDA banned it here, where the 17 cases were from
imported drugs.