Sunday 5 August 2012

Incomplete summary of rhetorical positions

Apart from geolibertarianism (a lack of coercion and special attention paid to land ownership) there are other issues which appear in politics. Here is a summary of my position on those issues:

First past the post: Whilst annoying there is nothing strictly wrong with this system. The government have no obligation to make things fair.
Fractional reserve banking: Provided this happens in a free market then nothing is wrong.
Deposit insurance: This is bad and should not happen.
Drug prohibition: This should not happen... people are free to do whatever they like with their own body. The same applies to prostitution.
Debt: This is an invalid concept. No court should enforce debt contracts. If someone wants to promise something to someone else they are free to do so but no crime is committed if they fail to carry out that obligation. Crimes are only aggressive. Failure to pay back a debt is not aggressive. Neither is the enforcement of debts beneficial for the society as a whole.

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