Post
Topic
Board Bitcoin Discussion
Re: bitcoin changing my ideology from socialism to libertarianism! What about you?
by
jonald_fyookball
on 22/08/2014, 04:06:20 UTC
I think survival (and education) is a birthright, and we should work only to gain access to our various luxuries.

Unh hunh. And where, pray tell, is all the free food and shelter going to come from?
Once capitalism is abolished, we'll have access to twice as much food as we won't be wasting 55% of all food produced globally for the sake of maximizing profits.
I would disagree that we are wasting food to maximize profits, but rather are socializing the food industries in the name of price stability of food supplies. If governments did not purchase so much food just to be thrown away then overall food prices would be higher and less stable.

How would food prices be higher in that case?  less demand means lower prices.