Post
Topic
Board Politics & Society
Re: The Space Industry: An example of why governments fail and freedom prevails.
by
rainingbitcoins
on 27/07/2011, 03:38:57 UTC
An untraded corporation is still a corporation. Offering stock can be done without incorporation, and incorporation can be done without offering stock. It's the limited liability that is the issue here,

And for the 5 millionth time, when you have a purposefully powerless government operating against the most powerful people in the world, you have about zero chance of enforcing that liability.

Quote
Here, you're ignoring the source of the funds that pay for those social services. In another thread, it was discussed in some detail how those who actually cared could completely pay for almost all the services with very little trouble. You care so much, however, that you want to make sure that everyone helps, even those you're 'helping'.

I support progressive taxation. Low-income people don't pay. So no, the people being helped would not be paying taxes. They do now in the form of sales tax, etc, but I think they should be exempt from even that if they're poor enough.  And like I said, we can't keep charities funded even with a social safety net, let alone without one. A cite of "some other thread somewhere on the Bitcoin forums" doesn't really allay those concerns. This is yet another instance where people in real life don't act like you hoped they would, but you still refuse to change your awesome plans for them, and instead vainly hope that they'll adapt to you, providing no condition for what will happen if they don't.

Just to interject, minimum wage, high unemployment, and low income issues are currently more of an issue of artificial and distance-based borders suddenly collapsing due to globalization, nothing more.

Except that the almost all of the minimum wage jobs are service industry stuff that's physically impossible to outsource. And all of those things have been repeatedly cropping up as serious issues for many, many years before globalization.