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by cousin_it
4333 days ago
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Powerful entities can extract more value from a piece of land than weak entities. That means powerful entities will outbid weak entities, and in the long run all land will belong to powerful entities. There will be no land for you to farm or forage. Labor isn't the only thing needed for survival. You also need things like living space, air and water. If these resources can be more profitably used by someone else, they will outbid you. |
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"If these resources can be more profitably used by someone else, they will outbid you." You use the word profit as a motive for "entities" consuming all resources. But you fail to elaborate on where this profit comes from? Well, other entities, and there you go, trade. But that's not really what you're getting at. You want to draw a false dichotomy between the two extremes of "powerful entities" and "weak entities".
Either way, all you need is the non-aggression principle and respect for property rights. And these "powerful entities" will never be able to coerce their way into the full market dominance that you describe. It's a self-correcting system, and it can only perpetuate itself if you don't respect property rights and the non-aggression principle.