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by clienthunter 4540 days ago
Thanks! I have answered your question in my own mind many times.

I want to live in a world where there is true freedom. I want a purer form of capitalism with heavy reductions in current government control that inhibits the ability of us all to do things today. I want them to live in a world where the very concept that one person or group of people enforces control over others is both alien and absurd, and certainly not their reality as it is ours.

My solution involves only the absolution of control from those who should never have had in the first place, and enforces nothing on anyone.

2 comments

How will you have "true freedom" in a world where your access to resources is restricted by government enforcement of private property?

What you describe as a whole is tautological. A world where "one person or group of people enforces control over others is both alien and absurd" is pretty much by definition not capitalist in any shape or form. Not only that, but most people who want such a "capitalism" and then invoke reductions in government control tend to want to remove lots of the regulation that reigns in capitalism somewhat to protect the freedoms of the rest of society.

"Purer" capitalism has been rejected time and time again because of what it implies.

Numerous lives were lost of the many decades US unions fought to get recognition of the 8 hour working day, for example (and May 1st is still celebrated as the international day for workers demonstration partly in recognition of the AFL-CIO's restart of the battle for the 8 hour day after the Haymarket Massacre), because of how uneven the power is and was between employer and employee in most fields: You may have any number of de jure freedoms, but they are irrelevant to someone who will starve to death if they exercise them.

> I want them to live in a world where the very concept that one person or group of people enforces control over others is both alien and absurd,

I'll bite. How exactly is your "freer version" of capitalism going to achieve this, where, by default, a group of stockholders, managers and producers will have tremendous influence on availability, pricing, selection and stock, whereas no safeguards exist against abuse of these powers?

I know I've cited it here before, but this is essentially what the concept of the culture industry describes, were all your freedom is only possible within the pre-chosen, pre-selected limits of production, i.e. you get to choose "freely" between all of the things others allow you to choose between.

Freer capitalism will maximise choice relative to alternatives. You are correct in saying it will not provide complete choice, for example I don't expect there will ever be a day - even if I had all the money in the world - where I could pay every last person on the planet to chant my name at once. Some things despite being physically possible will always be unattainable. Capitalism maximises the set of choices.

You are not beholden to company executives - you simply stop giving them your attention and money. Only in the case of monopoly and oligopoly can you be at the mercy of executives. Such problems are very real and the solutions much more difficult than those imposed by governments and moral crusaders, but they are necessarily worsened by the same. The reason we - at least in Europe - have a horrible banking industry is because the regulation around starting and running a bank is so complex it has the effect of restricting bank ownership to a very small subset of the population. The same is true for the insurance industries and many others. In the case of banking bail-outs mean that no matter how badly a bank is run, it will never go out of business (in Europe anyway). This is truly absurd, extremely damaging, and 100% the fault of people with moral agendas trying to force it upon the rest of us. You could own a bank, I'd love to consider you for my next account, but the incumbents won't allow that. I am beholden to shitty bankers because of the government.