Posted on 03/19/2006 4:48:55 PM PST by Lorianne
He takes the view that modern capital is based on recorded property. While the Recorder's Office is probably the dullest of all gov't offices, it is vital to modern commerce. The very instant Adam Smith's Wealth came off the presses it was obsolete because that is when the gov't recorder's office finally got in gear in the US. Recording of property made it available as collateral to the funding institutions and let capital operate at a new, much higher level.
not fundamental enough.
Ding-ding-ding - We have a winner!
People don't starve. They ARE STARVED.
God is stubbornly generous; this world is full of food.
Does anybody actually believe that Cambodia suffered a poor climate from 1975-178? That Ukraine failed to produce food in the early 1930's? That Ireland did not EXPORT food in the 1840's? Even the canard that the early Jamestown colonists "starved" - the Powhatans were very wisely attempting to kill every last one of them..
Neither Marx nor Smith. A new dimension orthogonal to both. There is yet another new dimension, giving a total of four dimensions--the modern corporastion.
Simple, lack of guaranteed property rights.
That's all folks.
Add property rights in outer space and the frontier will be open again, but four-dimensionally this time.
Sounds like Seattle.
The fatal flaw in this argument is the assumption that the Cameroonian people are the source of his plunder.
This underscores the distortion and permanent damage that "foreign aid", charity, introduces into the process.
The source of the plunder is the bottomless pocket of well-meaning but totally clueless foreign governments, who have invented and continue the perpetual motion of corruption.
Buzz off, you useless, megalomaniacal little controlling twit!
It's just that simple. Too simple to be interesting, but we have it in the US and can't see it because it is part of the background.
So what?
If this article had not been posted, I might have never read the old one.
What's so difficult to understand?
You are not the center of the universe, and you just come off as a total a****le...
Again, so what?
The first law of digging holes, twit...
When you find yourself really really deep, the best way out is to stop digging.
Just STFU!
by your [cough] logic, everyone should repost everything infinitely, because someone might have missed it.
your... gong-fu is... too weak.
6) free speech. (And religion, assembly, petition, & press)
Tolerance for dissent is a crucial ingredient to a nation's enduring economic and political success. It does not mean compromising fundamental principles, but it does mean being open to new ways, technologies and ideas. Cultures and nations that refuse to listen don't last. Chicoms are having one helluva time with this one just about now... For an original defense of dissent, see John Milton's Areopagitica, the great defense of being wrong. (And an original text or the American first amendment -- See this long piece: Milton's Areopagitica and the Modern First Amendment)
So, Porterville, there's more to it than just property rights. At least 1/10th of it, anyway...
bookmk ping , complete reading
Hey, RightWhale - dig this little dipwad gettin' all steamed about our little side conversation
I used to hear that joke in South America. The sad truth is the same on both those sad continents.
Property rights, recorded at the gov't recorder's office, is what launched the US economy in the late 1800's. No other country had the system, and no other country even comes close now.
Sorry. I did do a search but apparently didn't scroll down far enough .... I was in a hurry.
I do TRY to be careful.
Saw it. Don't have time, saving the world economy here.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.