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Debating the Anarcho-Capitalists

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Q: Governments has naturally arisen from within the smallest tribes, to the largest nation-states, and " the trend will only continue.

DB: History shows us these trends are NOT inevitable and that Leviathan collapses under its weight sooner or later.

Q: There are certainly too many people in prison, but it is closer to 2 million not 6 million as you said (http://en.wikipedia.org/wiki/United_States_incarceration_rate) an interesting fact you chose to exaggerate.

DB: Here is the excerpt from Wikipedia to which you refer: "In total, 6,977,700 adults were under correctional supervision (probation, parole, jail, or prison) in 2011 -- about 2.9% of adults in the U.S. resident population. You want to maintain these people are NOT "incarcerated" go ahead. Try to tell that to someone under parole or probation (including home arrest).

Q: DB has no patience for [treating addiction as a disease] so the imprisonment will continue.

DB: Please cite the article wherein we wrote that we have no patience with treating addiction as a disease.

P.S. I am a blogger and Senior Editor for Opednews and I intend to gather up all these comments and publish them there at some point.

Q: To facilitate your labor we have gathered up your statements and our responses. By all means publish them without emendation and let people decide for themselves. You write from an incredibly narrow, pro-government knowledge base and are also difficult to communicate with because when your points are effectively rebutted you simply insist on repeating the same formulaic misinformation over again. No wonder Zarlenga finds you difficult.

Additional pro-Leviathan statements and our responses "

(At this point I have decided not to republish what is basically a rehash of the previous points, only reformatted into a Q&A style)

Leaving the Daily Bell Now

This exchange went on a bit longer, with other commenters jumping in.   My point is not to reprint all the comments but to show the kinds of arguments, often incoherent and contradictory, that anarcho-capitalists make.   I actually think it is a deficiency of that type of thinking that makes it difficult for them to commit to any kind of specific solution.   I never did get a good answer as to why they would not support Local Exchange Traded Systems (LETS).   The reactionary retreat to LETS being supported by "Leviathans" like the United Nations is both spurious and not completely true (there are several major member nations that have lately and specifically rejected virtual currencies like Bitcoin, for example, including Russia, India and China, though the U.S. has very tentatively permitted them).

The problem with "comment-based" articles is that they often never end, except by the eventual disinterest of one or both of the commenters -- in this case, mine.

One of the few links that Daily Bell provided which I thought worthy of a response was the Milken Paper, which argues that various and shifting government rules and regulations were responsible for the S&L crisis of the early 1990s.   I don't profess to be an expert in this, but I trust Bill Black's thinking more seriously than someone who was convicted of fraud and spent 10 years in jail for it (this seems to be an impossibility in the current too-big-to-fail-or-even-prosecute era).

Bill Black's sort-of response re: the Milken Paper:

I have often written and spoken of my frustration that economists refuse to read George Akerlof and Paul Romer's classic 1993 article ("Looting: The Economic Underworld of Bankruptcy for Profit") and apply it to an analysis of the current financial crisis.   Note that their title expresses the paradox they were reporting -- the best way to loot the bank is for its controlling officer to cause it to make extraordinary amounts of terrible loans that will typically cause the bank to fail".

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http://newthinking.blogspot.com/

Scott Baker is a Senior Editor/Economics Editor and Writer at Opednews, and a blogger for Huffington Post.
Scott Baker is President of Common Ground-NYC (http://commongroundnyc.org/), a Geoist/Georgist group. He has written dozens of (more...)
 

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You made a wise decision to publish this debate h... by Charles Roll on Thursday, Feb 13, 2014 at 11:25:58 PM
The original Chicago Plan (Henry Simons et al.) m... by Charles Roll on Thursday, Feb 13, 2014 at 11:31:06 PM