The Passing of the Libertarian Moment

[DEAD7]

Libertarianism has always been about the few maintaining control over the majority. In order to perform this its necessary to undermine the federal goverment since that, in this country, has been the vehicle of the majority.

From there you can easily condense everything else down .

 

[DonFrancisco]

He's describing game theory and that all free markets become oligopolies

 

[DEAD7]

He's describing game theory and that all free markets become oligopolies

like true socialism, a free market has never been implemented.

That said, libertarianism isn’t monolithic and not all libertarians(myself included) advocate for zero regulation.

 

[Pressure]

He's describing game theory and that all free markets become oligopolies

+

Prisoner's dilemma - Wikipedia

 

[Camile.Bidan]

Could you expound on this?

What is there to expound on? if you are older than 25 , then it's easy to understand. Look at China/Singapore 25 years ago, and then look at those countries now. Western academics have been prescribing the White European models as the only way to prosperity.

If that is the case then why has China reduced poverty at the fastest rate in human history? How has Singapore and China achieve economic miracles that were more impressive than Japan's Meiji era? I don't think people realize that China has achieved an economic transformation unrivaled by any country in history. Yet, they did this by throwing the White man's Western political play-book into the garbage.

They have proven that a mixed economy run by Technocrats (engineers and scientists) and not philosophers, academics and lawyers, is a much better system. China has the ability to try policy in a scientific manner-- they can implement a policy see what the results are, and change policy based on the results, facts and circumstances. They are not necessarily bound to ideology (the last 40 years is prime example of this). They can implement long-term policy, which is nearly impossible in the western system, and they have the ability to course correct on the path to their long-term objectives. Further, they can implement policy and quickly remove policy if it doesn't seem meet their intended objectives.

The best part about their system is that local governments are given autonomy to try anything to meet nation-wide objectives. Additionally, the local administrators are given promotions based on merit. This will, by design, ensure that only the most competent leaders rise to the top. China has a competition-based government system, and this means the local governments can experiment can find new beneficial at a rate that will outpace the west.


In regards to libertarianism, China has provices that operate like De facto libertarian areas because the rules are not enforced. What results are vendors and restaurateurs that scam or deceive the citizenry, and dangerous food quality. There is such a thing as over regulation, but there is also such a thing as too little regulation. Reputation will not save the first wave of buyers and sellers. It will only help subsequent buyers and sellers when they see how the first buyers are sick or dead from the unsafe food and products-- products sold by deceitful vendors and restaurateurs.


Libertarians claim that reputation mechanisms are the best way to self-regulate. Well, China has also implemented the ultimate reputation system.

 

[DEAD7]

What is there to expound on? if you are older than 25 , then it's easy to understand. Look at China/Singapore 25 years ago, and then look at those countries now. Western academics have been prescribing the White European models as the only way to prosperity.

If that is the case then why has China reduced poverty at the fastest rate in human history? How has Singapore and China achieve economic miracles that were more impressive than Japan's Meiji era? I don't think people realize that China has achieved an economic transformation unrivaled by any country in history. Yet, they did this by throwing the White man's Western political play-book into the garbage.

They have proven that a mixed economy run by Technocrats (engineers and scientists) and not philosophers, academics and lawyers, is a much better system. China has the ability to try policy in a scientific manner-- they can implement a policy see what the results are, and change policy based on the results, facts and circumstances. They are not necessarily bound to ideology (the last 40 years is prime example of this). They can implement long-term policy, which is nearly impossible in the western system, and they have the ability to course correct on the path to their long-term objectives. Further, they can implement policy and quickly remove policy if it doesn't seem meet their intended objectives.

The best part about their system is that local governments are given autonomy to try anything to meet nation-wide objectives. Additionally, the local administrators are given promotions based on merit. This will, by design, ensure that only the most competent leaders rise to the top. China has a competition-based government system, and this means the local governments can experiment can find new beneficial at a rate that will outpace the west.


In regards to libertarianism, China has provices that operate like De facto libertarian areas because the rules are not enforced. What results are vendors and restaurateurs that scam or deceive the citizenry, and dangerous food quality. There is such a thing as over regulation, but there is also such a thing as too little regulation. Reputation will not save the first wave of buyers and sellers. It will only help subsequent buyers and sellers when they see how the first buyers are sick or dead from the unsafe food and products-- products sold by deceitful vendors and restaurateurs.


Libertarians claim that reputation mechanisms are the best way to self-regulate. Well, China has also implemented the ultimate reputation system.

They embraced markets and began flourishing, no argument from me there

Economic reforms introducing market principles began in 1978 and were carried out in two stages. The first stage, in the late 1970s and early 1980s, involved the decollectivization of agriculture, the opening up of the country to foreign investment, and permission for entrepreneurs to start businesses. However, most industry remained state-owned. The second stage of reform, in the late 1980s and 1990s, involved the privatization and contracting out of much state-owned industry and the lifting of price controls, protectionist policies, and regulations, although state monopolies in sectors such as banking and petroleum remained. The private sector grew remarkably, accounting for as much as 70 percent of China's gross domestic product by 2005.[5] From 1978 until 2013, unprecedented growth occurred, with the economy increasing by 9.5% a year.

But to compare America to a nation that strictly controls immigration, issuing 100-1000 green cards a year(America issues over a million) and limits the number of children its citizens can have to one(maybe two if the parents were only children) and believe they are governing in a superior way is
Is there a naturalization process? and if so how many people are naturalized annually? i'd be surprised if they broke 100.
China also has the benefit of being able to push for better results at any cost. The government can literally shyt on its people with little to no blow-back... its a silly comparison in my opinion.


I see why you thinks its better though