Post
Topic
Board Economics
Re: A Resource Based Economy
by
Rassah
on 23/12/2014, 02:59:23 UTC
OK, at whose expense are you sauntering down the street, and how does this sauntering apply to " possibly enrich themselves at the expense of others"?
Still not the right question. At whose expense were resources just sitting on the shelves during the great depression, there being no purchasing power nor incentive to give those goods away?

This doesn't have anything to do with what I was asking.
You said that all capitalism is, is people trying to enrich themselves at the expense of others. I gave you an example of capitalism: I trade my $40 for your video card. Since capitalism is done at the expense of others, you must point out to me at who's expense this trade was done. Sauntering down the street doesn't have anything to do with any of this. If you claim that it does, explain how, don't ask questions.

OK, then who owns the raw materials, and who owns the bitcoins I control?
"Libertarians" being advocates of private property, isn't that a question for them to answer? Can one own a sequence of bytes?

Ok, I'll answer. I own those bitcoins. Those bitcoins are my property. The raw materials I work to create are my property. Yes, I can own a sequence of bits, or more specifically the secret that lets me control those sequence of bits. I own my thoughts and my ideas, the secret securing my private keys being one of them.