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Notes on Public Goods and Free Market Anarchism: Public Good - Any good that is non-rivalrous and non-excludable. Such goods, when produced by private entities suffer the "free rider problem." Free Rider Problem - When people consume a product but do not pay for it. Example of a Public Good...
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I'm getting one of these: http://www.amazon.com/Genius-Beast-Radical-Re-Vision-Capitalism/dp/1591027543
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Hi everyone, first OP. :) So today in my introduction to American History class, my professor (who I suspect to be either Marxist or severely social-democratic) talked about the American revolution. He described it and the underlying Republican ideology as anti-capitalistic and anti-individualistic....
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[quote user="David Z"] [quote user="inquisitiveteenager"]You see a lot of left wing writers think that but I think capitals creates a situation where you can only benefit by producing first.[/quote] It depends whose definition of "capitalism" is being used. Marx has some...
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It's hard to discuss economics with a Marxist. It's even harder when you are an Austrian, the school of thought which is essentially the polar opposite of Marxism. Below is an email from my Marxist friend, we each attend the same Marxist "study group". I sent him a link to what I thought...
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http://www.ted.com/talks/dan_pink_on_motivation.html
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I'm new to this forum, but I don't plan on staying for very long. I've just come to introduce my blogel (blogged novel, if you didn't know). I'm calling it " Everywhere in Chains ", after the infamous Rousseau quote, "Man is born free, but he is everywhere in chains...
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There are 300 million Americans and 365 days in a year, so if each American traveled on a federal road once a day and was charged $1 for doing so, the federal government would garner $109,500,000,000 ($109.5 billion) in revenues. Of course, there are various operating expenses which would take away from...
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[quote user="I. Ryan"] [quote user="Knight_of_BAAWA"] You confuse humor with petulant childishness. Don't do that again. [/quote] Are you always that serious? [/quote] Yes, he is. Humor has no place in life.
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I have just read Lenin's Imperialism and given a small lecture on it for a bunch of socialists I know. I thoroughly enjoyed the book. The research is very well compiled and gives a great historical account of how we progressed. My one criticism however is very potent. And it's one no doubt many...