tag:blogger.com,1999:blog-7608702.post2152669359186437085..comments2023-10-25T08:46:20.242-05:00Comments on The Distributist Review: Free Market Anti-CapitalismJohn Médaillehttp://www.blogger.com/profile/16463267750952578888noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-7608702.post-29491225320496266512010-06-28T23:47:41.787-05:002010-06-28T23:47:41.787-05:00The main substantive difference between the free d...The main substantive difference between the free distributive and the left wing of marketing, it seems to me, involves not so much our sympathies or goals that our understanding of causality.teething symptomshttp://www.teethingsymptoms.net/noreply@blogger.comtag:blogger.com,1999:blog-7608702.post-51306464139661711222010-06-28T21:31:00.890-05:002010-06-28T21:31:00.890-05:00Capitalism, as distinguished from a free market, i...Capitalism, as distinguished from a free market, is a system in which the state represents the owners of capital and land and intervenes in the market on their behalf.teeter hang upshttp://www.teeterhangupsonline.com/noreply@blogger.comtag:blogger.com,1999:blog-7608702.post-53361945514090734062010-06-28T20:43:24.620-05:002010-06-28T20:43:24.620-05:00I believe there is a great deal of potential agree...I believe there is a great deal of potential agreement, as well as room for fruitful collaboration, between distributism and the left wing of free market libertarianism.taebo traininghttp://www.taebotraining.com/noreply@blogger.comtag:blogger.com,1999:blog-7608702.post-43481187173386719662008-11-10T09:20:00.000-06:002008-11-10T09:20:00.000-06:00Good for people to know.Good for people to know.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7608702.post-42398114619180953012007-09-09T01:33:00.000-05:002007-09-09T01:33:00.000-05:00It is disingenuous to suggest Tort Law as a non-go...It is disingenuous to suggest Tort Law as a non-government fix, because as soon as you try to apply it in areas where there is no decentralised consensus and no decentralised set of sanctions, you need an artificial policing institution to apply that fix and you have high policing costs because breaching is not a rare exception but a widespread norm - and these costs create a secondary funding need with its own tendency to create externalities (compare land tenure in England with tribal land customs in colonies, and also with broadcast bandwidth rights). Coase himself allowed for this in his formulation, but Vulgar Coasians often skip it. The "true" fix relies on a mixed strategy that also includes non-government policing (e.g., Trinity House polices pilots in English waters in a mediaeval way) and engineering out the need, i.e. not gratuitously and unnecessarily entering into areas where this sort of conflict can come up (e.g. do not unbundle water rights from more easily owned land rights).<BR/><BR/>P.M.Lawrence (temporarily anonymous while between ISPs).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7608702.post-4774231871411957452007-09-03T00:53:00.000-05:002007-09-03T00:53:00.000-05:00Thanks for inviting me to post, John, and for the ...Thanks for inviting me to post, John, and for the thoughtful comments in your follow-up post as well.<BR/><BR/>A couple of points.<BR/><BR/>1) Re externalities, most market anarchists (including the anarcho-capitalist followers of Rothbard) see tort law as a powerful weapon against externalities. So the absence of a "public authority" (in the sense of a body that claims the sole right to initiate force on behalf of the public welfare) obviously does not, as market anarchists understand it, rule out the assignment of civil damages to polluters. <BR/><BR/>2) I fully agree that a great deal of marginal productivity, under state capitalism, represents simply the power of privileged factor owners. In fact, I made a similar argument for the circular nature of theories of marginal productivity in the value theory section of Mutualist Political Economy. But the power you refer to came from somewhere, and that somewhere is not a free market. I would argue that in a genuine free market, absent the monopoly rents on land and capital resulting from privilege, those concentrations of power wouldn't exist in the first place. The monopoly power that defines the "marginal productivity" of land and capital is the direct result of state intervention in the market to enforce special privileges for land and capital.Kevin Carsonhttps://www.blogger.com/profile/07525803609000364993noreply@blogger.comtag:blogger.com,1999:blog-7608702.post-1299490382266728292007-09-01T14:54:00.000-05:002007-09-01T14:54:00.000-05:00Wow, that was pretty good. As a distributist with...Wow, that was pretty good. As a distributist with libertarian sympathies, now I can have my cake and eat it too!John Adrian Martinhttps://www.blogger.com/profile/07316538564341593367noreply@blogger.com