Michele Degli Uberti on Nostr: Sad, but true. I almost completely agree with your (austrian economics based) ...
Sad, but true.
I almost completely agree with your (austrian economics based) unforgiving analysis and I understand your point.
BUT As with marxism, for all its elegant logic and philosophical arguments, austrian economics cannot offer one real world successful solution.
It's a beautiful theory, but if you put it in practise to its extreme consequences like modern austrian economists tried to do you'll end up with a feudal model of society, not with a free market one.
Coercion and violence are in our DNA.
Therefore the State is a necessary evil in complex societies to solve disputes and monopolize/control violence.
Therefore taxation and regulation.
And some kind of welfare.
I almost completely agree with your (austrian economics based) unforgiving analysis and I understand your point.
BUT As with marxism, for all its elegant logic and philosophical arguments, austrian economics cannot offer one real world successful solution.
It's a beautiful theory, but if you put it in practise to its extreme consequences like modern austrian economists tried to do you'll end up with a feudal model of society, not with a free market one.
Coercion and violence are in our DNA.
Therefore the State is a necessary evil in complex societies to solve disputes and monopolize/control violence.
Therefore taxation and regulation.
And some kind of welfare.