Today I was caught up in more work and language study than what I thought…
Author: Nick
Nick is an amateur economist, philosopher, and entrepreneur. He primarily writes about economics and argumentation, which includes the fields of ethics and epistemology.
This post was made in response to this article on Medium.
Minimum wage will NOT cause unemployment.
Many of us have heard some variation of this from progressives, and the claim is absolutely ridiculous. They will pull out many studies and many articles attempting to show otherwise, but no matter how many they link us to the statement is false.
Many people were posting comments like the one above in a Facebook post from Ron Paul. What is even sadder is it is not uncommon to hear this from former Ron Paul supporters. They somehow equate Ron Paul to Bernie Sanders because of some superficial agreements.
A deeper look at both’s ideologies reveal that they disagree vehemently on almost everything. This idea that Bernie Sanders is anything like Ron Paulhas to be dispelled.
Ron Paul is for private property and against government interference. Bernie Sanders is against private property and for government interference in a multitude of cases.
Libertarianism vs. Authoritarianism
Liberty vs. Enslavement
These comparisons are apt to describe Ron Paul, a staunch libertarian, vs. Bernie Sanders, a self-proclaimed socialist.
There really is not anything more to say then this: Ron Paul supports private property, i.e. the Libertarian Ethic, and Bernie Sanders supports government interference, i.e. the antithesis of private property and liberty.
“And it’s this term ‘absolute’ that really screws everybody up. You see, you don’t have an absolute right to control your property.”
I recently read a comment about the power of the state and the power of a corporation, and the author claimed that if we let the state have less control over our wallets, then the corporations would have more control over out wallets. I have seen this claim many times, that with deregulation comes corporate overlords. The people defending this claim have a poor understanding of the state, corporations in a free market, and the relationship between corporations and the state in an interventionist economy.
Killing and harming customers are the best actions a business can take to further the entrepreneur’s lifestyle and reputation.