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submitted 1 year ago* (last edited 1 year ago) by Grayox@lemmy.ml to c/memes@lemmy.ml
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[-] qooqie@lemmy.world 128 points 1 year ago

The only way for libertarianism to work is if every human had only good intentions. Since that’s simply never going to happen libertarianism will never work. Just my opinion feel free to disagree.

[-] becausechemistry@lemm.ee 62 points 1 year ago

Libertarianism is a theory espoused to those with good intentions by people that have bad intentions.

It doesn’t work for almost anyone. But it super works for some. That’s the point.

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[-] ARk@lemm.ee 25 points 1 year ago
[-] Viking_Hippie@lemmy.world 29 points 1 year ago
[-] Grayox@lemmy.ml 22 points 1 year ago

Its like when someone uses human greed as a reason Communism wont work.

[-] Viking_Hippie@lemmy.world 16 points 1 year ago* (last edited 1 year ago)

Funny how that someone is often the same who assumes humanity is flawless when libertarianism! Could it be that those people are just greedy and selfish hypocrites? Nah!

[-] PsychedSy@sh.itjust.works 4 points 1 year ago

They're pretty much similarly utopian but the neat thing is we can work towards both at the same time.

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[-] Monkstrosity@lemm.ee 15 points 1 year ago

It’s just like socialism; great concept, but impossible to perfectly implement. That said, I’d still prefer a system where I maintain independence and freedom than any alternative since humans are inherently are own largest problems.

[-] Micromot@feddit.de 18 points 1 year ago

I'd prefer a system similar to what we have in germany right now as it is a mix of socialism and capitalism in a way that reduces the exploitation that free market capitalism brings. Complete freedom in market almost always leads to exploitation which is terrible

[-] PatFussy@lemm.ee 6 points 1 year ago

How exactly does Germany reduce exploitation from capitalism? Is it labor laws? I would like to remind you that having social programs and laws that benefit the working class is not socialism.

[-] Micromot@feddit.de 3 points 1 year ago

Maybe saying socialist is an overstatement i just think that our current system is a step in the right direction as there are laws in place to reduce exploitation and improve the situation for workers. It is still very flawed and i think it could be better but there are many places where it is bad, the US for example

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[-] SatansMaggotyCumFart@lemmy.world 12 points 1 year ago

Also there's the fact that nearly everybody's idea of freedom is drastically different and some people's freedoms infringe on others.

[-] Kalcifer@lemm.ee 2 points 1 year ago* (last edited 1 year ago)

Also there’s the fact that nearly everybody’s idea of freedom is drastically different

Libertarianism seeks to maximise freedom.

some people’s freedoms infringe on others.

Libertarianism does not, in any way, shape, or form, advocate the idea that one is able infringe on the rights, and freedoms of another without their consent. One should not be allowed to impart a cost on another without their consent, or proper compensation for damages.

What if you think you should be able to enjoy peace and quiet and your neighbour wants to play loud music constantly?

Who’s freedoms do you infringe so the other one can have theirs?

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[-] cyclohexane@lemmy.ml 9 points 1 year ago

I personally don't fully agree. Libertarianism just doesn't work at all. It is not even a complete system from a logical sense. It falls apart when faced with basic scrutiny, or they just theorize a system that's basically the same as a central government but with a private entity name stamped on it.

It is an ideology stemming from a basic principle, but they sadly don't seem to think of the entire system as a whole.

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[-] weastie@lemmy.world 8 points 1 year ago* (last edited 1 year ago)

Respectfully, I think the opposite. I think, for the most part, a free(r) market naturally benefits humans with good intentions and harms those with bad intentions.

For example, let's say in a free market, somebody wanted to start a business with horrible working conditions, horrible salary, horrible everything. Now, if the economy is real bad then people might work there, but for the most part, that business is going to fail because people won't work there, and would choose other jobs instead. So in this case, a free market actually incentivizes "good intentions". The business owner will have to improve work conditions, salary, etc. so that people will work there instead of elsewhere.

And one of the important aspects of a free market is the ability to start a competing business. If there was a company with overall poor working conditions and salary, it would highly incentivize someone to start a new company with better conditions, because they could pull in all the workers from the other company.

And look, I'm not saying this is fool proof and works 100% of the time, and I'm not saying there shouldn't be a healthy amount of regulation. But if you compare this to an economic system where businesses are run by the government, you can simply just be stuck with shitty work conditions and shitty salary, and not be able to do anything about it.

[-] qooqie@lemmy.world 10 points 1 year ago

That’s fine to disagree. I used to believe this back when I took Econ classes in college, every Econ professor is a libertarian lmao. I just don’t think a free market would punish bad actors. Tons of people turn a blind eye to anything as long as costs are cheap

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[-] 257m@lemmy.ml 8 points 1 year ago

That only works when worker are less replaceable and desperate. Their are a lots of open job positions today but most pay less than the cost of living.

[-] weastie@lemmy.world 3 points 1 year ago

Lots of open job positions is very healthy for the economy, it gives the worker the ability to choose, and it makes companies have to compete. A ton of companies are literally being forced to increase their wages in order to get enough employees.

[-] 257m@lemmy.ml 3 points 1 year ago* (last edited 1 year ago)

I'm not saying it's unhealthly I am just saying they don't help if they don't pay above the cost of living. Sure you can get a job paying 15 USD but that isn't even going to cover rent + utilities. So for now your stuck with your job and don't have the option to switch.

[-] Theharpyeagle@lemmy.world 3 points 1 year ago

My concern is that "bad product" to the consumer is mostly a matter of price and quality; environmental impact, legality, and even employee safety rank much lower with the average person as far as choosing where to spend their money. Companies can and do operate for years on the suffering of the lower class in particular, often openly doing so, and still make oodles of money.

[-] weastie@lemmy.world 2 points 1 year ago

Firstly, I think it completely aligns with libertarian principles to regulate environmental impact. If a company pollutes the airs and rivers, that physical affects everybody.

Secondly, yeah, it is sad that many consumers will turn a blind eye to poor working conditions and environmental impact ... but I do think there is a limit. And honestly, most of the big companies in our nation are making some attempt to improve environmental conditions, probably because they know that some people will stop buying their product if they don't. It's not a lot, but I think the fact that it's happening at all is some proof that companies can certainly be pressured into doing the right thing without legislation.

What I like about the free-ish markets is that it at least gives you a personal choice. If you don't want to support a business, you don't have to. It sucks if other people support it, but let's be honest, if like 50% of the country wants to support a business that you don't like, then what can you expect?

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[-] trailing9@lemmy.ml 6 points 1 year ago

Libertarianism also works if there is information about bad people and good people are free to avoid them.

Freedom of information and freedom of action.

It's easier to avoid bad people in free markets than it is to prevent them from taking and abusing positions of power in a powerful state.

[-] agamemnonymous@sh.itjust.works 10 points 1 year ago

Except freedom of information and freedom of action are two of the first things to die without regulation. Company towns and crooked newspapers are hallmarks of low-regulation.

It's easier to vote bad people out of positions of power in a powerful state than it is to prevent them from abusing executive roles in powerful conglomerates.

[-] trailing9@lemmy.ml 2 points 1 year ago

Is it still libertarianism if those freedoms don't exist anymore? I don't think libertarians argue for no regulations.

Regarding the bad people, the trick is that bad people don't look bad, much like captured markets offer the illusion of choice. So it's difficult to vote them out.

The thing is that we argue different moments in development. You compare the correction of the corrupted states whereas I was talking about maintaining the functioning states.

[-] agamemnonymous@sh.itjust.works 2 points 1 year ago

It's strictly speaking not libertarian, but libertarianism is a left wing ideology and the post is clearly referring to the right wing self-ascribed "libertarians" who do in fact argue against regulations roughly indiscriminately..

I never said it's easy to vote them out, I said it's easier than holding corrupt private executives accountable, for the same captured market illusion of choice reasons.

Don't understand what you're trying to say in the last part, don't think your assessment really reflects my goals, sorry.

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[-] sturlabragason@lemmy.world 5 points 1 year ago
[-] phobiac@lemmy.world 15 points 1 year ago

Yeah the main lesson I've taken away from the last decade of cryptocurrency instability, NFTs, and things like algorithmically generated judicial sentencing guidelines that perpetuated the existing racial biases while making them seem more legitimate because "the computer can't be wrong" is that we should run our whole society with them.

[-] sturlabragason@lemmy.world 3 points 1 year ago

Sure.

Algocracy uses algorithms to inform societal decisions, while Blockchain is a transparent, decentralized ledger system. People often confuse cryptocurrencies with the underlying Blockchain technology, even though they serve different purposes.

Comparing the challenges of Algocracy to the volatility of cryptocurrencies is like assessing the potential of online commerce based on early internet connectivity issues.

Biases in Algocracy are the result of poor design. With meticulous design and continuous oversight, the potential of Algocracy can be fully realized.

[-] floofloof@lemmy.ca 4 points 1 year ago* (last edited 1 year ago)

Biases in Algocracy are the result of poor design.

You can't design a neutral algorithm. The algorithm has to be designed to optimize something. What that thing is is a political and philosophical decision. Government by algorithm is indirect government by whoever's values shaped the design of the algorithm.

Algorithms can no doubt assist in regulating systems but they don't resolve any of the deeper political issues about values, goals and what constitutes improvement.

Of course, tech bros will claim they can sell you a neutral algorithm that will run things better than people, but that's just because tech bros' political philosophy is basically "just do it my way because obviously I'm smarter than you." They won't even notice how their algorithms are biased, because they're not even interested in that question.

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[-] trashgirlfriend@lemmy.world 6 points 1 year ago

they tryna put the government on Web3.0 crying laughing emoji skull emoji

[-] vreraan@sh.itjust.works 4 points 1 year ago

Surely that citydao wasn't created by someone with profit motives and not aware that in a few years it will be another worthless and abandoned NFT-bullshit.

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