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Author Topic: The market and the state  (Read 566 times)
xxjs
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January 19, 2013, 12:07:51 AM
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The market consist of free individuals and other legal entities engaging in voluntary exchange.

A corporation can live forever as opposed to any individual, and can also be dissolved. In case of a limited corporation, it does not have to pay its debt.

A state is obviously also immortal, has monopoly on violence, and can impose taxes. The violence part seems contrary to free as in free market. Can a state be regarded as a form of corporation, or is it some other kind of animal entirely?
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January 19, 2013, 12:16:17 AM
 #2

The market consist of free individuals and other legal entities engaging in voluntary exchange.

A corporation can live forever as opposed to any individual, and can also be dissolved. In case of a limited corporation, it does not have to pay its debt.

A state is obviously also immortal, has monopoly on violence, and can impose taxes. The violence part seems contrary to free as in free market. Can a state be regarded as a form of corporation, or is it some other kind of animal entirely?


yes modern states are registered corporations. you can look them up on http://www.dnb.com/

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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January 19, 2013, 12:42:32 AM
 #3

The market consist of free individuals and other legal entities engaging in voluntary exchange.

A corporation can live forever as opposed to any individual, and can also be dissolved. In case of a limited corporation, it does not have to pay its debt.

A state is obviously also immortal, has monopoly on violence, and can impose taxes. The violence part seems contrary to free as in free market. Can a state be regarded as a form of corporation, or is it some other kind of animal entirely?

yes modern states are registered corporations. you can look them up on http://www.dnb.com/

Indeed, a corporation that claims a regional monopoly on the industries of security and justice. And proceeds to provide the same "great" service one would expect from a monopoly.

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January 19, 2013, 12:46:53 AM
 #4

The market consist of free individuals and other legal entities engaging in voluntary exchange.

A corporation can live forever as opposed to any individual, and can also be dissolved. In case of a limited corporation, it does not have to pay its debt.

A state is obviously also immortal, has monopoly on violence, and can impose taxes. The violence part seems contrary to free as in free market. Can a state be regarded as a form of corporation, or is it some other kind of animal entirely?

yes modern states are registered corporations. you can look them up on http://www.dnb.com/

Indeed, a corporation that claims a regional monopoly on the industries of security and justice. And proceeds to provide the same "great" service one would expect from a monopoly.

and if you don't like it than you can... contact hr

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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