Author

Topic: The market and the state (Read 687 times)

legendary
Activity: 1722
Merit: 1217
January 18, 2013, 07:46:53 PM
#4
The market consist of free individuals and other legal entities engaging in voluntary exchange.

A corporation can live forever as opposed to any individual, and can also be dissolved. In case of a limited corporation, it does not have to pay its debt.

A state is obviously also immortal, has monopoly on violence, and can impose taxes. The violence part seems contrary to free as in free market. Can a state be regarded as a form of corporation, or is it some other kind of animal entirely?

yes modern states are registered corporations. you can look them up on http://www.dnb.com/

Indeed, a corporation that claims a regional monopoly on the industries of security and justice. And proceeds to provide the same "great" service one would expect from a monopoly.

and if you don't like it than you can... contact hr
hero member
Activity: 532
Merit: 500
FIAT LIBERTAS RVAT CAELVM
January 18, 2013, 07:42:32 PM
#3
The market consist of free individuals and other legal entities engaging in voluntary exchange.

A corporation can live forever as opposed to any individual, and can also be dissolved. In case of a limited corporation, it does not have to pay its debt.

A state is obviously also immortal, has monopoly on violence, and can impose taxes. The violence part seems contrary to free as in free market. Can a state be regarded as a form of corporation, or is it some other kind of animal entirely?

yes modern states are registered corporations. you can look them up on http://www.dnb.com/

Indeed, a corporation that claims a regional monopoly on the industries of security and justice. And proceeds to provide the same "great" service one would expect from a monopoly.
legendary
Activity: 1722
Merit: 1217
January 18, 2013, 07:16:17 PM
#2
The market consist of free individuals and other legal entities engaging in voluntary exchange.

A corporation can live forever as opposed to any individual, and can also be dissolved. In case of a limited corporation, it does not have to pay its debt.

A state is obviously also immortal, has monopoly on violence, and can impose taxes. The violence part seems contrary to free as in free market. Can a state be regarded as a form of corporation, or is it some other kind of animal entirely?


yes modern states are registered corporations. you can look them up on http://www.dnb.com/
sr. member
Activity: 280
Merit: 250
January 18, 2013, 07:07:51 PM
#1
The market consist of free individuals and other legal entities engaging in voluntary exchange.

A corporation can live forever as opposed to any individual, and can also be dissolved. In case of a limited corporation, it does not have to pay its debt.

A state is obviously also immortal, has monopoly on violence, and can impose taxes. The violence part seems contrary to free as in free market. Can a state be regarded as a form of corporation, or is it some other kind of animal entirely?
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