[ExI] Belief in Market Efficiency

painlord2k at libero.it painlord2k at libero.it
Mon Feb 2 01:01:59 UTC 2009


Il 31/01/2009 7.52, Stathis Papaioannou ha scritto:
> 2009/1/31 Fred C. Moulton<moulton at moulton.com>  wrote:

>> The slavers were not free market traders, for there was the threat of force
>> of government to discourage the chattel from rising up and slaying their
>> "owners."  True free markets assume every person equal and free.

> So if the workers are prevented from rising up and taking over the
> results of their labours, is that government interference with the
> free market?

Only if the workers are/were forced to work.
They would be slave, so they have the right to free themselves of their 
masters.
If they are free to stay or go, to work or not for an agreed pay, they 
have no right to rise against anyone.
If they don't like the jobs, they can always start a new job.

A capitalist is who that own the capital goods. So any artisan that own 
his tools is a capitalist. Or if he own his shop. And if he produce 
goods to sell them later he is also a speculator.

Mirco



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