Pedro de San Patricio
Gold Member
- Thread starter
- #21
Buying labor as cheaply as possible is a major reason why a libertarian society wouldn't have a middle class. There would be the capitalists who won the race to control the market and the poor they use as a labor pool. The poor would remain poor because they couldn't afford to enter the market and couldn't compete with the few established survivors of that initial race if they could. Their income would be earned through their labor alone. See the Industrial Revolution for an example of that. It would be reasonably to say that the average family of husband, wife, son, and daughter would each work 16 hour days in return for enough resources to avoid death and continue to labor and eventually produce new laborers.I think it's funny when I hear children complaining that "Capitalists" are greedy and are trying to accumulate as much wealth as possible by buying what they need (let's say, labor,mainly) as cheaply as possible and selling it for as much as possible.
Everyone would like to. The law currently forbids a lot of what companies would like to do, such as drop the minimum wage and privatize all publicly owned resources. Those laws are pretty much constantly under siege.Doesn't everyone do that?
I'm legally not allowed to be rich, or even earn a substantial outside income, right now for understandable reasons. I would be fired if I, say, hit it big enough at a casino. My problem with libertarianism mostly comes from an understanding of the society that it creates and memories of living exactly like the majority of the population would under that system.The bottom line is that the child who's speaking is envious because HE wants to be rich too, but IS UNSUCCESSFUL. So rather than praise the one who is doing it successfully, he complains that there is something wrong with the rich guy.
I've never seen a politician on welfare...By most definitions, most people who are rich today started out either middle class or poor. Regardless, the biggest impediment to accumulating a fortune is GOVERNMENT, and there's not really much debate on that point.