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noego




Hello radicals Vide
PostSubject: Hello radicals   Hello radicals Icon_minitimeTue Jun 14, 2011 6:01 pm

Hi, I'm a spoiled middle class arts oriented kid, who hasn't really decided on the economical/political questions yet. I have some prejudices and inclinations of course, but no real coherent view to speak of. So let me introduce myself with two questions, answer to which might help to clear my general confusion a little bit.
1. In a hypothetical anarcho capitalist society, if there was an chronic illness present among large portion of society, which wouldn't be terminal, but had really inconvinient symptoms, and there was one or more companies who would provide farmaceutical relief for this illness, which would've get rid of the symptoms for a period of time, but wouldn't cure the illness completely. Why would any individual make the real cure available, creating a profitable market for a short period of time, as opposed to selling it to an existing relief providing company, which would gave him percentual interest out of it's stable market.
2. What makes you believe that anarcho-capitalist society wouldn't develop into goverment based one again? (As it already did once)

I'm looking forward to your answers. Oh, and pardon my lousy english, I'm not a native speaker.
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CovOps

CovOps

Female Location : Ether-Sphere
Job/hobbies : Irrationality Exterminator
Humor : Über Serious

Hello radicals Vide
PostSubject: Re: Hello radicals   Hello radicals Icon_minitimeTue Jun 14, 2011 6:48 pm

YO, noego!
Quote :

Why would any individual make the real cure available, creating a profitable market for a short period of time

Why? To make money, that's why... A cure would also wipe out the competition which is only selling a partial solution. The cure could also cost ten or twenty times what the 'partial' cure costs, hence earning even more. Finally, the inventor of the cure himself might be 90 years old and say with a brain tumor which is inoperable so he has only a short time to live. He isn't interested in making money over many decades...

Quote :

2. What makes you believe that anarcho-capitalist society wouldn't develop into goverment based one again?

There are no guarantees. People have free will and they could choose the wrong objectives. However, with the correct education re individual and property rights, a new government would seem unlikely. Governments are typically created by using force against people. That is evil and immoral, not to mention a violation of individual rights.
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noego




Hello radicals Vide
PostSubject: Re: Hello radicals   Hello radicals Icon_minitimeTue Jun 14, 2011 7:42 pm

CovOps wrote:


Why? To make money, that's why... A cure would also wipe out the competition which is only selling a partial solution. The cure could also cost ten or twenty times what the 'partial' cure costs, hence earning even more. Finally, the inventor of the cure himself might be 90 years old and say with a brain tumor which is inoperable so he has only a short time to live. He isn't interested in making money over many decades...


The company could offer him some incentive, attractive even for a ninety year old before death, maybe a fixed income for all of his current and future offsprings. There is already a large infrastructure build around their current business, so almost no price is too high to keep the wheels spinning for another century or two.
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CovOps

CovOps

Female Location : Ether-Sphere
Job/hobbies : Irrationality Exterminator
Humor : Über Serious

Hello radicals Vide
PostSubject: Re: Hello radicals   Hello radicals Icon_minitimeTue Jun 14, 2011 8:04 pm

Nah, he's too independent to do a deal with the competition... besides, he already went heavily short in their stock and plans to make a killing as the other company's shares collapse into the abyss...

He wants to be his own boss...

Furthermore, given the profit potential, more competitors will enter the market with even better products... so the idea that only one company will dominate this sector for centuries, is just fantasy material...
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RR Phantom

RR Phantom

Location : Wasted Space
Job/hobbies : Cayman Islands Actuary

Hello radicals Vide
PostSubject: Re: Hello radicals   Hello radicals Icon_minitimeTue Jun 14, 2011 11:31 pm

Howdy Noego!

:Cheers:

As CovOps explained, there's no way they could expect to maintain their monopoly for very long.
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Hello radicals Vide
PostSubject: Re: Hello radicals   Hello radicals Icon_minitime

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Hello radicals

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