Entrepreneurship and Property Rights | Peter G. Klein
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- Опубліковано 19 тра 2024
- "It is impossible to eliminate the entrepreneur from the picture of a market economy. So, an entrepreneur is central to our understanding of what a market is."
Presented at the 2024 Human Action Conference on Friday, 17 May 2024, at the Mises Institute in Auburn, Alabama.
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My only critique is that we need a new term instead of the word "ownership". Why? Because Klein says here that collective and State ownership is possible and valid. But, as demonstrated by Rothbard's natural law philosophy, this is impossible. The word "control", or perhaps "catallatic control" is way less confusing, especially since many and probably most Austrian Economists are also Rothbardian Anarchists. We should not say in one breath the State is immoral and evil, and in another breath that they "own" things.
Slave owners do not rightly own their slaves, or their property.
I don't think the 50% rule is a legit rule, but Rothbard is right that State "property" is up for homesteading. However, there is no "50% rule". There is just the first comer rule. That is essentially homesteading. The government doesn't own the funds it controls. So, if my income is over 50% State subsidy, I'm simply homesteading State money.
So, when it comes to the question of did the student have a right to the microphone, it comes down to this. Was the microphone State provided? If yes, the deen may kick the student out of his home, but he ought not take the student's newly homesteaded microphone.
Even a 5% taxpayer portion of establishment funding, could be argued, makes it a public establishment. It always comes with strings attached, "teach these lesson plans, or the 5% goes away". The 95% will have no say in the matter, it seems practically beign the state of things.
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