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OpEdNews Op Eds    H3'ed 2/13/14

Debating the Anarcho-Capitalists

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Scott Baker
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"I have argued elsewhere that having a Public Option for Money would provide some balance to having nearly all money produced in the private sector, as would LETS."

Of course you are in favor of LETS as it demands that people keep a full ledger of every transaction, which conveniently can provide the same full record to government for taxing and audit purposes. Never enough of a paper trail, is there?

 

"DB's solution: "The solution is a simple one, however. People need to educate themselves, take responsibility for their actions and also take "human action" to support themselves, their families and their communities in ways that provide self-sufficiency.' would be laughably naive if it wasn't so dangerous. The fact is only a strong government with regulation that works (see Bill Black) can counter the oligopoly that is the current Big Banking system."

Yes, Bill Black " a man who is a big fan of FBI investigations who has made a career out of calling for Wall Street incarcerations and wants to create, from what we can tell, a new Pecora commission -- similar to the one that has proven such an abysmal failure. The idea that you want to pile agency on government agency and regulation on top of regulation when REALITY shows that these solutions are failures only reveals, again, your partiality to authoritarian solutions. Heaven forbid you would consider competition as a market regulator. Instead you want to FORCE people to act in certain ways, ones you approve of.

"Government is [not] too big and powerful, but " too small and weak, compared to the Banking-industrial complex."

Really? The banking-industrial complex USES government to fulfill its goals last we looked. You want to make government EVEN BIGGER under the guise of giving control to "the people" which is nonsensical. You are in other words advocating a solution that will make the problem worse. Why you argue this is between God and your conscience.

"It's good to see that DB doesn't equate Ellen Brown with Hitler."

But indeed these are NAZI solutions as we have argued elsewhere.

http://www.thedailybell.com/news-analysis/29292/Con-of-Public-Banking/

They are Dirigist, authoritarian and never work as advertised. Giving more power to governments to facilitate government force in order somehow to support prosperity and increased happiness among the populace is facile indeed. Easy to suggest but impossible to implement.

"DB's solution seems to be "Hands off! Let the (mythical) Free Market decide!"

Yes, there are no easy solutions. People will have to take human action on their own terms and enlighten themselves as they can. Markets work; communitarian and agrarian republican solutions have proven themselves over and over, mostly recently in Switzerland and in the pre-Civil War US; they will work again when the current Leviathan collapses. You and Ms. Brown and others will do everything you can to prop up the current Leviathan and retard its collapse, but eventually freedom will have its day, as in so many epochs before.

 

 

Scott Baker The Daily Bell

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Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a former blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/

Scott is a former and current President of Common Ground-NY (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of (more...)
 

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