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Why is libertarianism so infallible?

Name: Anonymous 2007-06-04 7:05 ID:qJENOkNb

It is due to it being the application of political science. It does not permit failed policies to be continued fruitlessly year after year with idealistic fervour, it is next to impossible for anyone surrounded by fierce libertarian critics to continue clinging on to lies. It is a purely functional machine, lubricated with justice and fueled by free speech.

Name: Anonymous 2007-08-24 0:31 ID:1sxmdDF3

>>432
Yes, there would be a large gap between the rich and the poor. Would the poor be groveling in the street? If they have a job, probably not, but they won't be living in a ritzy townhouse either.

In a Libertarian system, mostly everything is privatized. That means that there is no minimum wage, very few taxes and a system based on the market.

Without minimum wages, the companies can pay their employees whatever they think their employees are worth. If their employees believe they are worth more, they can quit and find a better job. A minimum wage sets a standard of not how low you ~can~ go to pay people an hourly wage, but how low you ~should~ go to keep those who ride the minimum wage where they are. Lets say the minimum wage is $7. That means the majority of basic labor jobs will be $7 straight, let it be from cashier to inventory counters to hole diggers to truck drivers. Why try to get a better job, or better yourself, when it's just going to pay you the same rotton wage?

Now, if there was no minimum wage, you would think that people's hourly "value" would drop into the nickle and penny digits. Wal*Mart wouldn't be able to pay their employees $0.30 an hour, however, due to the fact that some other company would be employing for a higher wage. If you want employees who aren't the lowlifes of the world, you will pay a higher price for them. You will pay that dollar or that two dollars, or that four, six, twelve, 24 dollars an hour for people who come to work on time and don't arrive with hair coming out their ears and thorny, scraggly beards jutting out at customers. In fact, Wal*Mart may not exist in a Libertarian land, for they would only be able to employ the scum of the Earth at those wages and wouldn't be able to sell government bonds to China.

That is ONE example of why our methods don't work. Want to get into Health care next? See >>429

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