Comment Re:Technology shows Libertarianism can work. (Score 1) 1565
(reformatted)
The reason a lot of Nerds are Libertarians is because they see the computer industry as an example of economic Libertarianism working in the real world.
PC technology suppliers are truly engaged in a free market battle for you heart and wallet. Companies that release a string of poor products, or even one, can be quickly destroyed in the marketplace. Features and technology advance at a huge pace to satisfy consumers.
It's the same with Cell Phones, every year new features, the rate plans get lower and lower bringing more benefits to everyone.
PC technology and Cell Phones are two examples of an unregulated free market system that works but in our modern society this is few and far between. What most people think of as capitalism today is not that at all but actually socialist State Corporatism.
Consider the Medical industry. Costs have spiralled out of control so badly that people are deluded in thinking the way to make health care afforable is to spend more money on it. Health care is unaffordable simply because the Medical industry is totally insulated from free market forces and competition. They achived this by regulation 'for the public good' licensing, insurance e.t.c
If you need a presciption for a cold why can't you see a Nurse for $10? Instead you have to see a Doctor for $100's
For 5 thousand years of Human Civilization could get medical treatment for a nominal cost but this has all changed in the last 100 years.
Whenever something comes along that may reduce the profits of the medical industry they scream blue murder and regulate it away. The regulatory boards always claim to be for the 'public good' but only serve to stifle competition and keep high profits for the entrenched corporations.
This is not Libertarian Capitalism, but State Corporatism and you will find most of our modern society is this way. John Stossel has written about the damage government does for the 'public good' in his 2 books called 'Give me a Break' and 'Myths, Lies and Downright Stupidty'
The reason a lot of Nerds are Libertarians is because they see the computer industry as an example of economic Libertarianism working in the real world.
PC technology suppliers are truly engaged in a free market battle for you heart and wallet. Companies that release a string of poor products, or even one, can be quickly destroyed in the marketplace. Features and technology advance at a huge pace to satisfy consumers.
It's the same with Cell Phones, every year new features, the rate plans get lower and lower bringing more benefits to everyone.
PC technology and Cell Phones are two examples of an unregulated free market system that works but in our modern society this is few and far between. What most people think of as capitalism today is not that at all but actually socialist State Corporatism.
Consider the Medical industry. Costs have spiralled out of control so badly that people are deluded in thinking the way to make health care afforable is to spend more money on it. Health care is unaffordable simply because the Medical industry is totally insulated from free market forces and competition. They achived this by regulation 'for the public good' licensing, insurance e.t.c
If you need a presciption for a cold why can't you see a Nurse for $10? Instead you have to see a Doctor for $100's
For 5 thousand years of Human Civilization could get medical treatment for a nominal cost but this has all changed in the last 100 years.
Whenever something comes along that may reduce the profits of the medical industry they scream blue murder and regulate it away. The regulatory boards always claim to be for the 'public good' but only serve to stifle competition and keep high profits for the entrenched corporations.
This is not Libertarian Capitalism, but State Corporatism and you will find most of our modern society is this way. John Stossel has written about the damage government does for the 'public good' in his 2 books called 'Give me a Break' and 'Myths, Lies and Downright Stupidty'
