Without economic calculation how do I know I am getting the best bang for my buck?
A friend of mine lost his father over a year ago due to a hit and run. The driver was currently on the job. We know the business involved and the driver, we have names of both the company and the potential driver. The state spent the last year clowning around with the case never allowing the family the opportunity to continue legal recourse against the business or the individual who murderd their father. We weren’t even allowed to touch the case. What kind of justice is this?
If this were a PDA they would have been fired 8 months ago. How is property being protected in these scenarios? How can we compare this performance to that of other domestic legal systems? We can’t. If the state out-competed everyone as you assert, there would be no need for the continued legal monopoly.
Also need we point out the last 3 years of bailouts, intervention, and involvements which have effectively been nothing but the destruction of property and capital in the US? The state is the number one culprit for increased capital consumption. Your equation is ass backards, The state does not foster the accumulation of capital which makes an economy rich, the market will do that alone and by itself. (Capital markets grew long before the US, and long before democracy) The state negate’s the speed by which capital does accumulate and in addition it increases the rate of capital consumption.
At some point Scineram you may feel inclined to actually start learning economics. No offense my friend but you have had the same consistent assertions since day one with us. Why continue with the badgering?