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The topic was As is my want, I do like to daydream about what it is going to be like when those millions and billions start rolling in., so I just focused on that. I assumed that food, shelter, heat, etc. would be implied by the fact of having millions on the bank so I just focused on what extra things those millions would bring for me. A nice apartment is a nice-to-have, but not as important as other things, as long as you still have a roof.It's interesting that you put material and secondary things together. It seems to me material things come first, ie. Food, shelter, heat, etc.
It's an old canard, but one that completely misunderstands the nature of taxation.Apart from film making yes, my point was I won't have to interrupt myself with the tiresome chore of making money
"President Exalted Life!"
"Yes General Mubatto what is it?"
"The army, they are saying they want more money."
"But we pay them well, their wages are six times the average for a soldier in this part of the world."
"Yes, but they say that the rich people they are guarding can afford to pay them more."
"Mmm, Okay, give them a small raise."
"Thank you El Presidente. Now the matter of the eighty seven million people who of course still live here even though you have 'bought' the country."
"What of them?"
"Well years of corruption and underdevelopment have left the infrastructure of the country in tatters. They say that now their country is owned and lived in by billionaires, they should have better roads and schools."
"Okay, well build them."
"The estimated bill for new roads, plumbing, and electrical system is around $228 billion dollars, and that's just to build, it doesn't take into account the ongoing upkeep costs."
"Fine, we'll just ask the billionaires to up their voluntary donations."
"But Mr President."
"The billionaires say that they are not going to increase their voluntary donations, as they do not want to pay tax. Plus not everyone is giving money freely."
"But we need the money to make the country safe and a nice place to live."
"They say that they are happy with their private security, and their dwellings are very nice to live in, thank you very much. They say that if the poor want to better themselves they should work harder."
"Tell them I am imposing a 10% limit on the voluntary donations."
Some months later.
"Yes General Mubatto?"
"The rich are not paying your 10% voluntary donation. We are still short by over $150 billion dollars to fund the country regrowth program and to pay the army extra money. Plus of course we slip further into debt with the World Bank every day. In the time it took me to say that sentence we owe them another $22.5 million in interest payments alone."
"Hmm, well I'm making a law then, the 10% donation must be paid if you want to live here."
"Isn't that just the same as tax?"
"Get out General Mubatto."
Very good points. I admire your ability to think in essentials and conceptualize - you got straight to the point about taxation and the existence of public infrastructure. Considering your PM, @Kak, Lowtek is pointing out something important here.It's an old canard, but one that completely misunderstands the nature of taxation.
1) Taxation is enforced at gun point. Literally. Don't pay your taxes, and you will be put in a cage. Resist and you will be shot.
2) Public infrastructure would exist in the absence of coerced funding. Business has a vested interest in building and maintaining infrastructure (no roads means no sales), and would undertake public works. The cost would be rolled into the pricing of the goods. This is really the only way for everyone to pay their "fair share".
The biggest problem with an anarcho capitalist society is not "who will build the roads", but that the people actively cry out for a boot on their throat. The average person has not risen to the level of personal responsibility required for such a society to function. It's about 1 to 200 years too early.
I don't want to derail this thread, as the point is to debate what we would do if money were no object. We're starting to get pretty far off topic into some abstract stuff. It's also political by its very nature, so if the content is deemed subversive then I don't want to take down this thread with it.Very good points. I admire your ability to think in essentials and conceptualize - you got straight to the point about taxation and the existence of public infrastructure. Considering your PM, @Kak, Lowtek is pointing out something important here.
That being said, I am not sure I would call what I'm referring to as 'anarcho-capitalist'. Just, Capitalism: a social system based on the recognition of individual rights, including property rights, in which all property is privately owned. (This is Ayn Rand's definition, more on the subject here: Capitalism —Ayn Rand Lexicon)
'Anarcho' implies the absence of any kind of government. I think the existence of a government (the consolidation of force, in essence) is crucial for a large society to function, for 3 reasons.
1. To protect the nation against foreign powers (military).
2. To protect the rights of citizens from criminals within the country (police force).
3. To enforce objectively defined laws (court systems).
The third point is the crucial one, because that's where 'anarcho-' systems would fail. Without a central arbiter of justice, I do not see how it would be possible to uphold an objective constitution (not the American constitution exactly, although it's the closest humanity has ever come).
Libertarians, anarchists and 'philosophers' like Stefan Molyneux have suggested that private security firms could replace the need for government. It would not work, and I can explain why, but it will require a lengthy explanation and I don't want to do it unless people express a desire to hear it.
What are your thoughts? @lowtek @Kak
Rhodesia, is that you?Nice!
I'd like buy an African country, the best army money can buy and then invite all the richest people in the world to live in the first country with zero taxes - a government funded by voluntary donation. If they know what's good for them, they'll contribute.
You actually made a great point (even if you think it's derailing this thread, which is not for me...). It's important as we need to know our surroundings (geopolitics), especially when so many people are basing their businesses on trade/sourcing with/from China, which can be more and more difficult (or not)...The biggest problem with an anarcho capitalist society is not "who will build the roads", but that the people actively cry out for a boot on their throat. The average person has not risen to the level of personal responsibility required for such a society to function. It's about 1 to 200 years too early.
You'd better by a refuelling plane to follow you around as well, those things haven't got a great range on them!I want to buy a fighter jet, paint it black and fly it around instead of a lame private jet. I don't like being chauffeured. I like being in control and I like speed.
My god, I put golf holidays twice. I need help!So yeah, there are other things, golf, holidays, golf-holidays, charity, blah, blah, blah,
This is me, too. Freedom is the #1 thing. I'd be more happy to have complete freedom making $60k/yr than to make $1 million/year, but have to work all the time. Ideally I'll have enough to travel the world and not be on a tight budget. I love to spend time out in nature, hiking, biking, fishing & taking photos & videos. I also chase storms!I have no desire to be a billionaire. All I want is more free time.
More free time to travel. More free time to explore the world. More quality time with my family and friends. More free time to make a difference to others.
Expensive material possessions are somewhat nice but in my mind are overrated in the grand scheme of things. I've moved past that point as I've gotten older.
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