The war problem for me lies with the state, or more precisely the government. The Government doesn't play within the rules of the capitalist system. It constantly subverts it. Capitalism defined as a system based on capital, property rights and voluntary action. Government can tax (ie legally steal) and it can legally send men to their deaths.Originally Posted by Van Damme
The huge moral hazard occures when industry exploits the government's special position in the world. Halliburton can't start any wars. It can't violate any property rights. But the government can. Make the government play by the same rules as everyone else and only just wars will be fought.
As a sidenote, corporations don't benefit nearly as much as governments do from war. Corporations can't take up 50% of GDP, debase the currency or remove our civil rights.



LinkBack URL
About LinkBacks
Reply With Quote