Is Capitalism God-Ordained?

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I think it is an unfair to assume that those who support free markets, free enterprise, and private ownership of the means of production want government to be reduced indefinitely and simply be guard dogs for the “industrialists”. There is proper role for government in when it comes to society and the economy.
The goal of free enterprise is to make money, not satisfy the needs of the populace. In that respect, it is surprising that the needs of society have been largely met in the free enterprise environment. To try to improve the degree to which the needs of society are being met, we have the government. We have a mixed economy with the operation of free enterprise being partially controlled by government.
 
False. Certainly there is nothing from the Popes supporting “distributism”.

I refer you to Mondragon. An entity founded by a Catholic priest, in keeping with Catholic social and economic teaching, in Basque Spain. Now an international distributist entity.
 
A Free Market economy is where no one or group can use physical coercion against anyone, economic power can be achieved only by voluntary means: by the voluntary choice and agreement of all those who participate in the process of production and trade.

In a Free Market, all prices, wages, and profits are determined—not by the arbitrary whim of the rich or of the poor, not by anyone’s “greed” or by anyone’s need—but by the** law of supply and demand.**

The mechanism of a Free Market reflects and sums up all the economic choices and decisions made by all the participants. We trade our goods or services by mutual consent to mutual advantage, according to our own independent, uncoerced judgment. A person can grow rich only if they are able to offer better values—better products or services, at a lower price—than others are able to offer.
I agree. Free will and free markets go hand in hand. A truly free market has no government regulation. A truly free market should have a high level of transparency to the market participants. No government regulation means lower taxes.
 
Simple.

The same way the Catholic Church deals with free riders.

The Catholic Church has been doing fine for over 2000 years without FORCING Catholics to pay tribute.

But

In Zoltan’s voluntary tax program…only tax payers have a vote. Free Riders don’t .
A Catholic can pay tribute to the Church via prayer; money and goods are not the only means of providing a contribution.
 
That is not a free market. In a free market, I can use physical coercion. A free market cannot prevent physical coercion, only laws can do that.
This leads to corruption and a situation where the other market participant is no longer acting on free will which negates a free market because both parties must act out of free will.
 
The goal of free enterprise is to make money, not satisfy the needs of the populace. In that respect, it is surprising that the needs of society have been largely met in the free enterprise environment. To try to improve the degree to which the needs of society are being met, we have the government. We have a mixed economy with the operation of free enterprise being partially controlled by government.
I don’t find it surprising.
 
Regarding Tarriffs and Quotas:

Tarriffs and Quotas do distort free cross border trade and do act as a hidden tax on the consumer (price level tax). However, I don’t see them disappearing anytime soon. And, I am neither for nor against them.
 
I think it is an unfair to assume that those who support free markets, free enterprise, and private ownership of the means of production want government to be reduced indefinitely and simply be guard dogs for the “industrialists”. There is proper role for government in when it comes to society and the economy.
Actually I was thinking of a person using initials ZC and his ally quoting Matthew 25 in error… I should have been more specific… 🙂
 
You can’t be against Tarriffs and Quotas and for Federal regulation of interstate trade. Neither concept is in line with a truly free market.

By the way, I don’t believe there will ever be a truly free market for most if not all products and services. Heck, if the regulators find out you are performing certain services without a license they will investigate you (in many cases); nothing is free about having to obtain a liscense to engage in economic activity.
 
I agree. Free will and free markets go hand in hand. A truly free market has no government regulation. A truly free market should have a high level of transparency to the market participants. No government regulation means lower taxes.
What happens when market failures occur and the market is either unable or unwilling to correct itself?

Free market does not equal no government regulation. Maybe you should read Adam Smith’s though on the subject.
 
There is established economic literature on why taxation is not voluntary, it’s called the free riding problem. Maybe you should read up on game theory.
I have read most economic literature. I do not agree with what I have read about the so called free rider problem.

If you can suggest any new writings on the subject, I will be glad to go over them and offer a critique.
No, there is nothing inherently wrong with government regulation.

A free market can still be free even with government regulation. It seems you don’t understand what a free market truly is. You do know that Adam Smith was in favor of some government regulation right?
No. When government REGULATES anything…it is not free. A Free Market becomes a “Mixed Market” when regulated.

It seems that you do not know the difference between government regulations and objective laws.
 
This leads to corruption and a situation where the other market participant is no longer acting on free will which negates a free market because both parties must act out of free will.
But a free market does not prevent someone from using physical coercion. The only think that can keep a market “free” are laws and and an entity to enforce those laws.
 
I have read most economic literature. I do not agree with what I have read about the so called free rider problem.
Just because you disagree with it doesn’t mean it isn’t true.
No. When government REGULATES anything…it is not free. A Free Market becomes a “Mixed Market” when regulated.
This is simply not true.
It seems that you do not know the difference between government regulations and objective laws.
There really is no difference.
 
I never said that I would personally use physical coercion, I merely said that a free market cannot prevent physical coercion. Even though you claim that it can.

And please, don’t talk to me like a child.
Yes you did. You know you did…
That is not a free market. In a free market, I can use physical coercion. A free market cannot prevent physical coercion, only laws can do that.
Perhaps you didn’t MEAN it that way, but you said it.

You are right, however, when you say “A free market cannot prevent physical coercion”.

Sure, even in the freest of Free Markets, some low-life may try to force someone to do or not do something. That is why a Free Market needs objective laws enforced by a limited government.

No individual or private group or private organization has the legal power to initiate the use of physical force against other individuals or groups and to compel them to act against their own voluntary choice. Only a government holds that power.

The nature of governmental action is: ***coercive ***action.
The nature of political power is: the power to force obedience under threat of physical injury—the threat of property expropriation, imprisonment, or death.

Government holds a monopoly on the legal use of physical force. For that reason, its actions have to be rigidly defined, delimited and circumscribed; it should be like an impersonal robot, with the laws as its only motive power. If a society is to be free, its government has to be controlled.
 
You can’t be against Tarriffs and Quotas and for Federal regulation of interstate trade. Neither concept is in line with a truly free market.

By the way, I don’t believe there will ever be a truly free market for most if not all products and services. Heck, if the regulators find out you are performing certain services without a license they will investigate you (in many cases); nothing is free about having to obtain a liscense to engage in economic activity.
👍
 
Yes you did. You know you did…
No, I didn’t. Please don’t make assumptions about me, you don’t know me. And please don’t twist my words, it really irritates me. If you continue to do this, I will simply stop talking to you, plain and simple.
 
Oh, so in your society, political power will be concentrated in the hands of the wealthy. No thanks.
Not necessarily.

A wealthy person would be free to pay no taxes.

Since the uninformed believe all wealthy people are greedy and spend all their time avoiding taxes…obviously…under my plan the wealthy would pay no taxes. Therefore the political power would rightly be concentrated in the hard working middle class.

The real beauty of my plan is that the unproductive lose political influence. Democracy crumbles when the unproductive realize that they can vote themselves $$$ from the treasury.
 
Since the uninformed believe all wealthy people are greedy and spend all their time avoiding taxes…obviously…under my plan the wealthy would pay no taxes. Therefore the political power would rightly be concentrated in the hard working middle class.
You really believe that? What makes you think the wealthy wouldn’t simply “buy” political power? They have the means to do so. They have more money then the middle class.

What makes you think the middle class will pay taxes and the wealthy won’t? Especially if taxes are linked to political power? Do you know how much the wealthy currently spends to lobby Congress? What makes you think they won’t do that in your society?
 
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