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Civil, On-topic Discussion of Anarcho-Capitalism and other Libertarian Topics.

MEMBERS ONLY - Civil, on-topic discussion of anarcho-capitalism and other libertarian topics.

Libertarianism is a philosophy that holds that one should not initiate aggression on person or property. Anarcho-capitalism is a political philosophy that advocates for the elimination of the state in favor of individual sovereignty, private property, and free market production of law and justice. Anarcho-capitalists believe that in the absence of a state or ruler, society would improve itself through empowering individual choice and the discipline of the free market, or what its proponents describe as a voluntary society.

Racism and Social Justice are considered off-topic here; libertarianism does not have a racial component. All posts related to racism and social justice must have some obvious link to libertarianism and may be removed at moderator discretion.


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If you're looking for the subreddit related to images and artwork involving the colors Gold and Black, that's over at /r/blackandgold

/r/GoldandBlack

93,965 Subscribers

7

Dave Smith masterfully defends the libertarian position of opposing foreign aid to Israel

0 Comments
2024/06/25
12:17 UTC

7

Youtube's "Right Wing Bias"

When I checked YouTube today without being logged in, I did a non-political video search and had a look at the recommendations after watching a few videos. My results were peppered with anti Trump political videos: https://www.youtube.com/watch?v=gYwqpx6lp_s

While this might be the norm, I also know the election propaganda is ramping up. What's your take on it this year?

Meanwhile, in order to console the echo chambers of the mainstream left, the media is trying to validate this bias by gaslighting an opposite reality: https://www.nbcnews.com/tech/tech-news/youtubes-algorithm-recommends-users-right-wing-religious-content-resea-rcna155478

YouTube's striking, demonetizing, and deplatforming activity tells a different story since they are actively punishing people who cover leftists that they are trying to protect, such as Alyssa Mercante. Business as usual for YouTube.

1 Comment
2024/06/25
11:58 UTC

20

"Criminals Use It"

There are two rumors going about on end-to-end encryption.

One is that criminals use it. This is true. Criminals also use radios, cash, computers, and toilet paper. Is this an excuse to not do or use a thing?

The other is that it has been broken1. This is not true. Rather, some encryption ciphers2 have been broken. There are plenty left that have not been broken.

There is utility in these rumors from an adversary’s perspective. If he-who-controls can’t control a thing, then the best he can do is frighten others from using that thing.

https://kellychaseoffield.substack.com/p/criminals-use-it

4 Comments
2024/06/25
02:03 UTC

10

The Great Debate: Israel v Palestine. Dave Smith vs Ami Kozak

1 Comment
2024/06/24
12:49 UTC

10

What Keeps the Deep State up at Night? + Vivek Ramaswamy, Dave Smith, Clint Russell round-table

0 Comments
2024/06/23
22:04 UTC

87

Roadmap of libertarian literature (updated)

25 Comments
2024/06/23
08:40 UTC

58

How Javier Milei is beating inflation

25 Comments
2024/06/22
23:33 UTC

3

Show Me the Way to Ancapistan! - Dominic Frisby Comedy Videos

1 Comment
2024/06/22
22:53 UTC

14

Angela McArdle on the Future of the LP

1 Comment
2024/06/22
20:02 UTC

4

What is the crypto currency do you think is the most likely to shrink the power of the state?

Just curious to see what crypto most Ancaps are the most bullish on.
Feel free to mention other coins int the comments since I could only list 5.

View Poll

37 Comments
2024/06/22
19:23 UTC

256

Many such cases!

8 Comments
2024/06/22
14:22 UTC

8

If we had a free market in money, what if a natural monopolist arose which could single-handedly print fiat money and favor its preferred clients? Wouldn't that be really bad?

Please tell me below if you have ever encountered someone doing the "natural monopoly" argument on money production and tell me what led up to that being stated.

Recommended primer on money and banking: https://www.youtube.com/watch?v=KHXbs5Bc8cE

I think that this video makes an interesting more modern case for non-fiat money: https://www.youtube.com/watch?v=RZdJdfXL6K4

10 Comments
2024/06/22
09:47 UTC

28

"The term inflation was initially used to describe a change in the proportion of currency in circulation relative to the amount of precious metal that constituted a nation’s money" now it is synonymous with both 'impoverishment' _and_ 'monetary supply increase'... for some odd reason.

Something worth keeping in mind is that inflation used to only refer to monetary inflation, but is now after the Keynesian revolution a term which refers to both monetary inflation and price inflation interchangeably ... almost as if it is intended to bring about as much confusion regarding the term as possible and prevent it from being a term about monitoring irresponsible money production. There already exists a word for 'price inflation' ("an increase in the general price level"): impoverishment.

"In addition to separating the price level from the money stock, the Keynesian revolution in economics appears to have separated the word inflation from a condition of money and redefined it [Upon whose request? Why at this moment specifically and not any time before? Was it really necessary?] as a description of prices. In this way, inflation became synonymous with any price increase. Indeed, Keynes spoke about different “types” of inflation, including income, profit, commodity, and capital inflation. Today, little distinction is made between a price increase and inflation, and we commonly hear reports of energy inflation, medical care inflation, and even wage inflation [and 'funflation' and 'greedflation' of course! Nothing suspicious at all about such demagogic '-flation' terms cropping up!]. Some go so far as to argue that the monetary definition forces the word to take on too specific a meaning [OK, just use another word then?]"

I don't know about you, but as a consequence of this interchangeability, I feel that it is hard to know what someone means when they write "inflation". I often assume that they mean "price inflation", but too often get suprised to see them refer to "monetary inflation" instead. It is for this reason that I have always written "price inflation/deflation".

Making inflation refer to both concepts has in no way helped in clarifying the public discourse. It really begs the question then why this happened when clearly one could just chosen another word for "price inflation", such as 'impoverishment'.

11 Comments
2024/06/21
22:26 UTC

118

Rothbard's definition of the state

9 Comments
2024/06/21
14:58 UTC

3

Is the Dollar the Global Reserve Currency Because There Is No Better Alternative?

1 Comment
2024/06/21
14:46 UTC

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