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keda
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Posted 04/30/08 - 08:32 AM:
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#51
Forget my previous post. I was a bit confused. Free market is possible with government enforcement of private property, given a specific condition, namely consensus government. This is not some utopia, but can easily be implemented, and since everyone agrees on the rules, there is no interference with the market.

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The man who trades freedom for security does not deserve nor will he ever receive either. -Benjamin Franklin
If my sons did not want wars, there would be none - Gutle Rothschild
It's not the people who vote that count, it's the people who count the votes - Josef Stalin
Sometimes Satan comes as a man of peace - Bob Dylan
A prolonged peace favours the predominance of a mere commercial spirit, and with it a debasing self-interest, cowardice, and effeminacy, and tends to degrade the character of the nation. - Immanuel Kant
Fried Egg
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Posted 04/30/08 - 08:33 AM:
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#52
Glypt wrote:
Thanks for these links Fried Egg,if I get time I'll take a look, but I was really trying to clarify what 'YOU' mean within the context of your previous messages.

Inverventions and interferences can stem from both external or internal to the market, depending on how YOU define the scope of the market and depending on how YOU define internal and external in relation to YOUR definition of a market.

For example my previous points assume the governing controls of the market to be variously/multipli-situated as formal, informal, internal, external, and autopoeitic. Given that various types of institutions obtain, some of which feel the impact of markets but do not trade directly in them and there are others who are directly active players in the markets. There are other juridical institutions that monitor the behaviour of the market players...

There is little space to go on but you must get my drift. In the light of the above I think this discussion would benefit from being clear on what YOU mean regarding what you recognise as intervening/governing forces and interfering forces.

Well, in reference to the recent credit crisis, one would have to look to the particular category of interference by inflation and credit expansion.

More generally, I don't think you can count actions of market players themselves as interference in the market because, while the actions of individuals (and individual organisations) can possibly cause noticable changes to the structure of prices, they are actions that are freely chosen and transactions that are not coercively determined. Obviously, I mean coercion in the hard sense by the use or threat of violence. Not in the weak sense by cultural or psycological pressures.
Benkei
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Posted 05/04/08 - 11:11 AM:
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#53
keda wrote:
Forget my previous post. I was a bit confused. Free market is possible with government enforcement of private property, given a specific condition, namely consensus government. This is not some utopia, but can easily be implemented, and since everyone agrees on the rules, there is no interference with the market.


But not everyone agrees to begin with. (I don't) And in any case, just because people agree on the limitations to be set up for the functioning of any system doesn't mean the authorities created to uphold that functioning is not in fact interfering. I assume that if everyone would agree to subsidise food for the poorest through taxation that you would still consider it interference.

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keda
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Posted 05/04/08 - 12:00 PM:
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Benkei wrote:

But not everyone agrees to begin with. (I don't)

It doesn't matter. Everyone who agrees can set up a govenment, while the rest remains in the state of nature, until they want to join.


And in any case, just because people agree on the limitations to be set up for the functioning of any system doesn't mean the authorities created to uphold that functioning is not in fact interfering.

If the people are informed of the dangers and would not tolerate the slightest interference , the authorities would not dare to interfer.

I assume that if everyone would agree to subsidise food for the poorest through taxation that you would still consider it interference.

Not at all. It would then not be any different from charity.

_____________________
Free Europe Now
The man who trades freedom for security does not deserve nor will he ever receive either. -Benjamin Franklin
If my sons did not want wars, there would be none - Gutle Rothschild
It's not the people who vote that count, it's the people who count the votes - Josef Stalin
Sometimes Satan comes as a man of peace - Bob Dylan
A prolonged peace favours the predominance of a mere commercial spirit, and with it a debasing self-interest, cowardice, and effeminacy, and tends to degrade the character of the nation. - Immanuel Kant
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