11/2/2011 Portland, Oregon - Pop in your mints…
Recently we have submitted for your consideration, fellow taxpayer, that Anarchy is man’s reality. It is not a choice, it is an ultimate given, it simply is. All understanding of the current political and social structures is greatly facilitated by one’s acceptance of this simple fact.
In fact, one’s ability to act and react to the changes in the current political and social structures depends upon accepting and embracing Anarchy as the basis for reality and learning to operate in the True Capitalistic system which organically emerges as men learn that mutual trust and cooperation are in their rightly understood self interests, and that he who is to lead must truly become the servant of all.
To truly embrace this, for, as we have established, it useless to reject it, we must first understand something about the nature of mankind. First and foremost, man, left to his own devices, is completely devoid of the ability to do the right thing. He doesn’t have it in him. He is lazy, self-serving, and completely evil. He needs God and his fellow man to be able to do anything productive, altruistic, or remotely good. A full defense of this statement is a subject for another day (although the evidence is all around us), we mention it here only to underscore the need for a framework within which mankind can avoid both self and mutual destruction.
The only reliable framework which has emerged out of Anarchy not only addresses the problem of human nature but also serves to turn man’s weaknesses into strengths. This framework is True Capitalism. By allowing market forces to work with as little hindrance as possible, mankind can insulate itself from descending into chaos and catastrophe. As we have stated previously:
Out of Anarchy, the Truly Capitalistic System would ORGANICALLY emerge, and with it a new dawn for humanity, built on mutual interest and almost endless capital formation which will engender a spontaneous and dynamic social order, and a society without borders that would enjoy freedom and prosperity that we cannot even imagine under current conditions.
The greatest virtue of True Capitalism is the speed with which it corrects errors in judgment. Bad idea, malinvestment, frauds, and even violent and property crime are quickly dealt with.
Why? The reason is that the consequences fall squarely on those whom have made the errors, and do not weigh on those who have not. Conversely, the benefits of good decisions are enjoyed by those who have made them. The education of man as to what is advisable and what is not is ongoing.
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| Market Anarchism |
But who sets the rules? By definition, there are no rules apart from what has been mutually agreed upon by consenting parties. That said, it is easy to imagine how quickly a myriad of rules may spring forth in True Capitalism. The key difference between these rules and those declared by a governmental decree is that compliance with the agreed upon rules in True Capitalism is voluntary, making compliance likely. For to violate the rules of an agreement is to forfeit the advantage imagined to be gained by entering into the agreement.
Even the primordial requirements of the right to life and property would organically be honored, for they are primordial to all humans, whether they readily admit it or not. Being primordial, securing of the life and property of others would be amongst the first series of contracts that any person would enter into, whether directly or indirectly.
Of course, mankind is completely subject to natural (or divine, as one prefers) law, True Capitalism simply allows the fullest and most complete expression of the operations of natural law to operate in the dealings of men.
To fight True Capitalism, mankind’s least flawed response to his Anarchic surroundings, is to cause or submit to chaos and misery. Yet every nation on the planet is devoted to some degree in the fight against True capitalism. Why? Simply because the nation state, under the guise of being the most perfect expression of man’s good intentions, today occupies the throne which rightly belongs to True Capitalism.
The two are the antithesis of one another. A nation state regulates by edict, True Capitalism regulates by example. A nation state is rigid, where True Capitalism is pliable. Hence, where True Capitalism will bend but never break, the nation state is repeatedly smashed to pieces when faced with change.
Moving to a less philosophical level, how can we be sure that Anarchy is the basis of man’s current existence? Because the institutions which supposedly offer the best option to embracing Anarchy are beginning to succumb to the punishments they have built up in their losing fight against True Capitalism.
Yes, Anarchy is now trumping the nation state. We urge you to watch closely the phenomenon which is currently playing out in Greece, for it is highly likely to play out in nearly every Western Democracy before Anarchy comes in to give its people a bear hug.
Thankfully, natural (or divine) law will not change. One’s time would be better spent understanding the immutable truths of natural law, for they will prevail. What is natural law? We’ll give you hint. It involves supply and demand, and loving one’s neighbor as himself.
Believe.
Stay tuned and Trust Jesus.Stay Fresh!
David Mint
Email: davidminteconomics@gmail.com
P.S. For more ideas and commentary please check out The Mint at http://www.davidmint.com/
Key Indicators for November 2, 2011
Corn Price per Bushel: $6.45
10 Yr US Treasury Bond: 2.01%
FED Target Rate: 0.08% ON AUTOPILOT, THE FED IS DEAD!
10 Yr US Treasury Bond: 2.01%
FED Target Rate: 0.08% ON AUTOPILOT, THE FED IS DEAD!
Gold Price Per Ounce: $1,737 PERMANENT UNCERTAINTY
MINT Perceived Target Rate*: 2.00%
Unemployment Rate: 9.1%
Inflation Rate (CPI): 0.3%
Dow Jones Industrial Average: 11,836
Unemployment Rate: 9.1%
Inflation Rate (CPI): 0.3%
Dow Jones Industrial Average: 11,836
M1 Monetary Base: $2,071,500,000,000 RED ALERT!!!
M2 Monetary Base: $9,607,200,000,000 YIKES UP $1 Trillion in one year!!!!!!!
M2 Monetary Base: $9,607,200,000,000 YIKES UP $1 Trillion in one year!!!!!!!
