 |
|
|
|
 |
NeoPhono
Übermensch

Registered: Sep 2003
Location: In Orbit
|
|
|
| quote: | | Hello fellow libertarian ... |
You're totally correct. It sickens me to see our country gear itself to the "lowest common denomenator" by stripping indvidual rights and forcing socialism upon us.
I think social security is a perfect example. If you're too stupid or ignornant to not know that you must save and invest your money in order to someday be able to live upon your capital and returns, it should not force others to have to put their efforts into this system. First of all, a government with this much beaurocracy is ineffecient and much to slow to be able to adequetly run any kind of investment program. Secondly, it should not be mandatory that all Americans donate their earnings to such a system, when private investment can be more much rewarding both in the short and long run.
That being said, I do not believe in some sort of cut-throat society where those born with obvious mental deficiencies should be left out in the cold. There does need to be some basic welfare for those either unable to look after themselves, or those that have short-term economic pitfalls, in which case it should be a work program, not a handout. Along with my belief that the government should not be responsible for "looking out" for the average man, my views on education are different from the average libertarian's. I strongly believe that education, besides defense, is the most important function a government can undertake. Through education a person is given the ability to make educated choices and look out for themselves, so ultimately the government doesn't have to. Through this education, an individual can make thier own choices as to their life and future, instead of having a government that forces itself to do it for us.
I realize that my reply may not seem to have much in common with my original post. However, as a side effect of increasing socialism in the United States, I see a decrease in personal responsiblity as our government becomes more "protective" of us in our daily lives. This loss of responsiblity spills over into our daily lives and into our court system.
|
|
Nov-24-2003 06:32
|
|
|
 |
 |
rupert
Supreme tranceaddict
Registered: Aug 2001
Location: bris vegas
|
|
|
I would strongly suggest that if you dislike the law suit mentality read Trial Lawyers Inc an extremely funny commentary done in the form of an Annual Report by the right wing think tank the Manhattan Institute.
http://www.manhattan-institute.org/triallawyersinc.pdf
Which brings the question why do the right wingers and the corporations in America hate the trial lawyers so much? Because the legal system in america, by the legal system I mean tort law is actually a wealth transfer from the wealthy back to the non-wealthy.
Why the obsession with tort reform by politicians? Why make it more difficult to bring a claim for negligence? Is the legal system out of control? No, its just market forces at work, people dont get sufficient protection from the legislature and executive so they use the judiciary. In turn the corporations dont like paying billions in damages, the corporations cant change the common law or the judicial system so get the legislature to pass laws to limit damages claims.
In the USA by and large the legislature and executive exists to serve the interests of the corporate sector and the wealthy lobby groups, so Congress is always reluctant to impose regulations on cigarette companies, manufacturersm, Wall Street and polluters. And those laws that do get made are not properly enforced.
But the average Joe still has the Constitution, the law of Contract and the law of Tort which protects him just like it protects the corporations and the wealthy. So all those billions that paid out in damages claims are as I said just a wealth transfer from the corporate sector back to the non-corporate sector.
|
|
Nov-24-2003 10:08
|
|
|
 |
 |
NeoPhono
Übermensch

Registered: Sep 2003
Location: In Orbit
|
|
|
I do not agree that lawsuits should be the means of wealth redistribution. For the most part, when large corporations are sued for billions or other large settlements, the money does not come from the rich executives, but from the company itself. The award money is either deferred to the consumer, in the form of higher costs, or to the workers, in the form of job cuts.
We have seen this exact thing happen in medicine. When patients are allowed to sue "wealthy" doctors, for at time frivalous reasons, and are awarded large settlements, it is ultimately the consumer that pays. True, one person, or small group of persons may have increased their wealth, but the effect on the population as a whole is exactly the opposite. As malpractice insurance rates rise not only are there going to be less doctors, but to diffuse the increased costs, consumers will pay more for services.
What I am trying to get at is strictly speaking in terms of wealth distribution, suing is not very beneficial. A small group may benefit from the award, but as a whole, the rest of society must pick up the price of the settlement in terms of increased costs, or loss of jobs.
|
|
Nov-24-2003 15:54
|
|
|
 |
All times are GMT. The time now is 03:23.
Forum Rules:
You may not post new threads
You may not post replies
You may not edit your posts
|
HTML code is ON
vB code is ON
[IMG] code is ON
|
|
|
|
|
|
Contact Us - return to tranceaddict
Powered by: Trance Music & vBulletin Forums
Copyright ©2000-2026, Jelsoft Enterprises Ltd.
Privacy Statement / DMCA
|