Anti-Trust Legislation

anti-trustAs a Libertarian I’m largely against government interference in the freedom of people to do as they will. There are limits and one of those is anti-trust laws. These laws are put in place to make sure that competition is waged on a level playing field. This is an area, in my opinion, that separates Libertarianism from Anarchism.

In any case, the purpose of this blog is to talk about why anti-trust legislation is needed. To start things off I’ll talk about the definition anti-trust. I’m going to generalize and a full perusal of the anti-trust Wikipedia article and its linked definitions is a worthwhile study.

Anti-trust laws are designed to stop things like collusion and cartel. Collusion is when a group of people agree to limit open competition. It is usually marked by uniform pricing among competing items. A cartel is an open agreement to set prices at a certain threshold.

A second thing they are designed to prevent is market dominance and particularly monopoly. Both of these situations occur when one supplier controls such a large percentage of a particular commodity that they can set a price as they choose rather than being forced to offer a competitive price by competition.

Acquisitions are also under the purvey of these kinds of laws. If one company attempts to purchase all its competitors then monopoly or dominance ensues. Both of those things hurt the consumers ability to get product at a fair price.

There are host of other anti-competitive practices that include things like dumping; wherein a company forces competition out of the market through cheap pricing, refusing to deal; when a group of companies refuse to purchase from a particular vendor to put them out of business, dividing territories; when two or more companies agree not to compete with one another.

In my mind we need anti-trust laws for the same reason we need laws in the first place. It is human nature to take advantage of a situation in any way possible. One of the pro-capitalist arguments is that it caters to human nature and I agree with this but we must also take human nature into account when we make our laws. Anti-trust laws and general regulation hopefully provide a level playing field against unfair practices that hurt capitalism and the consumer.

If we can apply broad regulation that levels the playing field then the business that is operated most efficiently wins. I think it is important for the business community to understand that some regulation is required to prevent unethical people and businesses from dominating the market and putting all the ethical people out of work.

I’m almost finished here but I think I need to explain what I mean by broad regulation. I don’t recommend legislation that takes every possibility into account because that sort of law is doomed to failure. What I mean is more general types of regulation that simply allow each company to play on the same field.

We have laws that make sure manufacturers put the quantity of material in the food container on the package. This regulation is easy to comply with and understand. That’s the goal of all regulation, simple and cheap to implement for the producer, easy to understand for the consumer. It’s not always easy to achieve but I do think it is necessary to allow capitalism and the free market to thrive.

I welcome disagreement as always!

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Tom Liberman
Sword and Sorcery fantasy with a Libertarian Twist

Love

Love

Love Love. Once again Valentines Day has rolled around. Those of you in relationships find ways to show your love to one another and those of us who are single either look on bemusedly or with envy.

I could examine the commercial and predatory nature of the holiday but instead I will look at emotional thinking and its relationship with logical thinking. In all fairness I must admit that I tend towards logical thinking. I remember getting angry as a kid when Mr. Spock didn’t do the most logical thing!

I’m a proponent of logical thinking and when we let our emotions “get in the way” we often impair our decision making process. But, well, but. Emotion is not something that easily conforms to the Randian philosophy of objectivism. It is currently impossible to treat love or its counterpart hate like a scientific experiment. It isn’t something that is repeatable on a regular basis. People will argue that lighting, music, proximity and other factors certainly can “cause” love but at best it is an inexact science. The other factor that cannot be denied is that we are unable to remove our emotions completely. They will always play a role in the decision making process.

I think it’s clear that emotions can send us in the wrong direction. We’ve all made horrible decisions when we ignored the facts and let our emotions rule our thinking. The counterpart is true as well. Sometimes an emotional decision turns out well. Often when we take unreasonable chances it is because emotions control our thinking. The odds are against a particular plan but it works because we were fueled by powerful emotions. Great advances are possible because people take risks that seem foolhardy in retrospect. Of course, people die in similar circumstances.

So, what do we take from this debate of logic versus emotion?

Despite my love of logical, critical thinking, there is no denying the factor emotions play in the advancement of the human race. I must come to the conclusion that the two types of thinking are forever partnered. Awww. They complement one another and must work as a team to be successful.

Without logic we are doomed to misunderstanding situation after situation and our efforts are doomed to failure. Without emotion we cannot make the foolish decisions that end in greatness. I suppose it comes down to finding a fair balance of the two. I would lean towards giving logic the lions share of the process but to ignore emotion is to not truly live.

Happy Valentines Day!

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Tom Liberman
Sword and Sorcery fantasy with a Libertarian Twist

I blame you … and me

VotingOne of the common themes I see in politics is frustration with our representatives in Washington. They are perceived to be partially if not fully responsible for the woes of our nation. Personally, I don’t find fault with them. I blame me and and I blame you.

In the United States we live in what is called a Representative Republic. This basically means that the voters elect representatives who make the decisions. Now, we are slowly becoming a democracy but I’ll save my opinion on that development for a future post.

One argument here is that if we don’t like what our representatives are doing in Washington, in our State, or in our home town, then we have a simple remedy. Vote for someone who makes better decisions.

However, this is not my main argument. In a representative Republic the politicians are representative of the voters. So, if we don’t like the politicians then our problem is with ourselves. What has happened to the United States? Or has anything happened? Have we always be selfish, bickering, and out to gratify our immediate needs regardless of future consequences?

I think the evidence suggests that there was a time when Americans cared about something besides themselves. Certainly the Founding Fathers were trying to build a nation that would change the world, not just their circumstances with England.

I realize there are many wonderful people in this country but the we must look to our politicians because they are a reflection of who we are. Our votes, our values, our desires. That’s what we see in Washington, us. I see men and women who desire election more than governance, whose decisions are based on what will grant them immediate gratification (election victory, donor money) and no stomach for painful solutions. Why do I see this? Because this is us. We vote for them, we, apparently, want them.

Don’t get me wrong here. I’m still an Objectivist of the Ayn Rand school. People need to do what is in their self-interest. But, it is in our self-interest to have a strong country.

Your next question is, and should be, so Tom, complain away but what do you offer as a solution? Stop telling me what’s wrong and start telling me how to fix it.

Here it is. Teach people to think critically.

Write blogs on how to make good decisions. Think everything through so as to be a shining example for your friends and your family. Listen to the political pundits and then research their words. Read articles, come to an informed, critical decision. If the majority of people can do this, and it’s not easy, then we will elect politicians who do the same thing. Then, well, anything is possible.

Tom Liberman
Sword and Sorcery fantasy with a Libertarian Twist

Twitter and your Future

I read a recent story about how a pair of British students were stopped at the United States border by Homeland Security because of a couple of harmless tweets. We don’t know the full story because there might have been other reasons for the detainment but that’s not really what this post will be about.

What I think it is quite fascinating is the potential of twitter and social media as a whole to effect our future as a country.

We’ve seen quite a number of stories, like this, where someone’s future was effected by social media. A youthful indescretion captured forever on Facebook, a silly statement made in the heat of the moment forever preserved in a tweet, all of these things have an effect. My question is not the effect on the individual but on the society.

One of Ayn Rand‘s constant themes is that those who are exceptional must be allowed to succeed in society for that society to, in turn, succeed itself. Social media seems to be a double edged sword in this regard. People who are bold, daring, speak their mind are weeded out because they offend. On the other hand, the same sort of behavior often catapults people into the spotlight and success.

Anyone who knows me is aware that I think the increased scrutiny on politicians and their personal lives is a negative. It discourages the best and brightest from participating because they don’t want to subject their families and friends to that sort of media pressure. I’m of the opinion, at this moment at least, that the quickness to judge one tweet or one Facebook photo as a weapon to hold back a person is a net negative on society. We lose the bold and we also chill open exchanges of thoughts and ideas.

I don’t think Twitter, Social Media, mainstream media, blogs, or any of the other methods of modern communication are going away and I personal benefit from the ability to publish my own books, post my thoughts, and in other ways interact with the world.

What I would suggest is that we reward those bold enough to state their opinions even if we disagree with them. We want strong, active people in the positions of power in our society. Instead of calling for someone to be fired or step-down from an election, reply with your own ideas, encourage the exchange of thoughts, the dialectic as it were.

Tell me what you think in the comments, subscribe, like, you know what I’m saying!

Tom Liberman
Sword and sorcery fantasy with a Libertarian Twist

Finnish School

My friend’s son Peter, posted an article on Facebook about how Finnish school systems are among the most elite in the world. The article focused on the Finnish goal of equity being the primary reason for their outstanding performance and ignored, I thought, the more relevant issues.

The important factor seemed to be that level of personal responsibility the teachers take on in that school system. There is no standardized testing because the teachers individually grade students. The key quote is; Accountability is something that is left when responsibility has been subtracted.

It took me a second to deconstruct what that meant but it turns out to be a concept directly from Ayn Rand and her objectivist point of view. The idea is that if the teachers are personally responsible for their actions then no one has to check up on their accountability.

The more I thought about it the more it I came to the conclusion that accountability is really just a word for covering my ass. If people are always responsible then we don’t have to worry if they are doing their job properly. Even if something goes wrong it was an honest mistake.

Of course, the practical application comes in trying to teach the next generation how to be personally responsible for their actions. Sadly, I don’t think the current generations is setting a particularly good example which is probably the most important factor.

Tom Liberman
Sword and Sorcery, fantasy novels with a Libertarian twist