Post
Topic
Board Economics
Re: A Resource Based Economy
by
deisik
on 25/07/2016, 07:06:16 UTC
3 VS 1 , I love my odds





Whatever you do, you will inevitably run into a situation where the majority will be forcing the minority to do something... Is it okay in your variety of capitalism? So, who is to balance conflicting demands and interests, given there is no state with its laws...

That is, in the case of total laissez-faire capitalism?

Except that the majority also cares for the minority in most cases, humans are more more friendly these days.

I doubt slavery and things like that would happen, even if they would legalize it. Humans are much more civilized than 200 years ago

Just like Stone Age didn't come to an end because of the lack of stones, slavery ended long before the world ran out of slaves. It's gone (primarily) because of economic reasons due to technological improvements that made slave labor inefficient and incompetitive with wage labor. If, for some reason, we are back to Medieval times technology wise, slavery will undoubtedly raise its ugly head again...

Strictly speaking, it is still here (human trafficking and things like that)