Finance and Stuff

Thoughts on finance and other stuff by Johan Lindén

Tag: liberal

Libertarians vs. Occupy Wall Street

I wonderful diagram that shows the common traits among libertarians and the occupy wall street group. But also what differs the two groups of people.

One can really see what side has the best argument and solution. But both sides see that the current system is totally flawed to put it mildly. However, it will not work to replace a currently flawed system with another system that may even be worse.

I let you be the judge whose side has the best logics and solution the current political system.

occupy wall street libertarians socialistsPicture from:

The Common Denominator why both Left and Right-wing Activists Occupy Wall Street

The Common Denominator which brings both Left and Right-wing Activists to Occupy Wall Street.

left right politics libertarian socialism occupy wall street

… too much government. Which ironically boils down to be only a socialistic problem. So come on socialists, think again.

As an added bonus also check out this next cartoon:

government bailout banks

Free Markets are the Usual Suspects in Economic Turmoil

In dire times people are looking for scape goats. One of the most common scape goats is the free market. So is the free market really the problem? Let us look at what countries do in these troubled times.

  • First, they blame other countries for unrighteously compete with their domestic industries, setting up tariffs for foreign trade, thus engaging in trade wars, instead of letting competition rule.
  • Second, they increase regulations on businesses, blaming trading robots, short-sellers and other participants, and trying to interfere with these tools of the free market.
  • Thirdly, the state out-crowds sound private companies by engaging in their own businesses with the unlimited resources of the public. This is just one of many things the state do to ruin private businesses. Out-crowding is also done by manipulating the interest rate so it either becomes too high or too low, and thus ruining the private businesses’ ways of doing business at market rates.

So there you have some of the reasons why bad gets worse. With all these things happening at once in already fragile economies, there is no wonder that the economy usually hits a depression or crash before things get better.

Also note that all these signs are signs of socialism, taking us further away from the principles of free markets. A free market is a market without rules governed by the state, but instead by rules made by the market’s own participants.

Our Economies Last Safety Barrier is Reached

Our Economies Last Safety Barrier is Reached and Things look Pretty Gloomy from here.last barrier of the economy

The economical crises we see and read about these days started with consumers that got broke and could not repay their banks. Which in turn lead to banks going bankrupt. Many banks got saved by the state, but now lately even states are going or are getting close to bankrupt.

Consumers ? Companies ? Countries ? What is next?

Who is left to save the last barrier of the economy?

When companies got bad the states invested in them making them go from publicly owned companies to owned by the state.

So what will happen when states get bankrupt? I guess one reasonable way to go is to sell companies owned by the state to the public. The management or managerial system have obviously not done a good job so it is time to let a new management in.

Another way we could go, that have also happened in the pass, is for the states to use force to confiscate people’s assets such as land and natural resources. That is a socialistic or totalitarian approach that I do not think will work in this new age of information technology.

In the long-run, I believe, pure Darwinism* will show that capitalism, an efficient system based on mans free will, are going to prevail over socialism, an inefficient system based on force and musts.

* The survival of the fittest. In this case the survival of the fittest economic system.

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