Archive for private property
Who Owns You? I sure don’t…
Posted by: |I am on the board of The Foundation for a Free Society, and one of our objectives is to put out professional, artistic, catchy videos that communicate the philosophy of liberty in a succinct and fun manner. This video is one of our latest projects and was recently featured on LewRockwell.com. If you think this is a cool idea, why not become a donor to F4FS? Trust me, it’s a GREAT cause.
Isn’t that fantastic? Share it with your friends, maybe you’ll be able to teach them about liberty soon…
By the way, the Executive Director is Jason Rink, author of Disciple of Liberty. He is a great friend of mine now and I am trying really hard to get him to start writing for LCC. Maybe some comments here would convince him?
Tags: ethics, private property, property rights, self-ownership, video
Noah’s Ark and the Sanctity of Private Property
Posted by: |The subject of a proposed religious theme park in Kentucky brings up an issue near and dear to the heart of libertarians: the sanctity of private property.
There is some controversy over the proposed construction of a $150 million Noah’s Ark theme park on 800 acres near Interstate 75 in Kentucky. The theme park – to be called Ark Encounter – is a joint venture between Answers in Genesis and Ark Encounter LLC. The former group already opened a $27 million Creation museum in Petersburg, Kentucky, in 2007.
The proposed park, to be completed by 2014, will feature live animals, event venues, a children’s play area, a replica of the biblical Tower of Babel, a 500-seat special effects theater, a reproduction of a first-century Middle Eastern village, an aviary, and a 500 by 75 foot wooden ark to replicate the biblical Noah’s Ark. The project is expected to create more than 900 jobs, attract 1.6 million visitors in the park’s first year, and have an economic impact of $214 million in the first year alone.
As expected, religious groups generally hailed the project even as other groups that focus on church-state issues had a problem with the project. Contrary to critics of the theme park who think the educational message of the park is “unscientific” and “embarrassing for the state” or that any jobs created would be “low-paying” and “transient,” Rev. Barry Lynn, executive director of Americans United for the Separation of Church and State, seemed to raise two main arguments against the proposed park: First, Lynn pointed out that when Noah launched the Ark the first time, he was not looking for government funding. Second, he said that while the Constitution doesn’t prevent someone from putting up a water park, it does prevent people from putting up a religious one, such as Noah’s water park.
But both of Lynn’s points are misguided. Read More→
Tags: constitution, economics, private property, property rights, regulation, religious freedom, statism, taxation
Stop Rent-seeking
Posted by: |This article is #17 of a weekly series highlighting the former memes of Bureaucrash, an organization once headed by my friends Pete Eyre and Jason Talley of the Motorhome Diaries. The memes were originally authored by Pete Eyre and Anja Hartleb-Parson, and were intended as means of communicating ideas about liberty in catchy and succinct ways.
Rent-seeking refers to the behavior of individuals or groups expending resources to achieve public policy decisions that transfer wealth to them at the expense of others. Some examples:
- A nonprofit organization might seek for the government to spend taxpayer money on their pet cause, such as protecting the environment or researching a disease.
- A workers’ union might want the government to force employers to provide higher wages, more benefits and greater job security.
- A corporation might seek subsidization to support an unsustainable business model instead of working to become more profitable.
While the rent-seekers should be faulted for the behavior, it is the government granting rent-seekers what they want that is the real problem. As it shells out more benefits and privileges, government has to collect more taxes to administer and pay for them, thus vastly increasing its size and scope.
Rent-seeking is theft. A rent-seeker wants to achieve a wealth transfer in his favor without having to provide value in return. In a mixed economy, companies and organizations find it more effective to petition the government for protection (i.e. subsidies, tariffs, entry barriers, regulations, etc.) than to compete by providing goods and services that consumers want to pay for. Since in a free market the choices of other individuals might not go in his favor, the rent-seeker would rather have the government initiate force against those individuals. The free market, on the other hand, is predicated upon and respects individuals’ free choices. Rent-seekers hinder the dynamism of the free market. When you and I trade in the free market, we each give the other something the other wants more than we want it, relative to what we receive in exchange. By contrast, when the government initiates force in favor of a rent-seeker, it makes everybody but the rent-seeker worse off. It leaves the rent-seeker’s competitors worse off, because the rent-seeker now has a government-enforced advantage, whether in the form of a government-approved monopoly, or stifling regulations faced by would-be entrepreneurs. Because market forces and signals are hindered and distorted, this leaves consumers worse off. They are forced to pay higher prices for poorer quality goods and services.
Rent-seeking harms economic growth. Instead of companies investing their money in new technology, new jobs, offering consumers better products and better prices, or increasing their employees’ pay, the money ends up in the pockets of lobbyists and the politicians able to grant favors. Consumers are forced to pay more for goods and services and taxpayers have to foot the bill for the rent-seekers’ government-enforced advantage. So, over time, as government arbitrarily favors one group over another and expands in size in order to pay for rents, rent-seeking erodes the mechanisms that make economic growth and wealth creation possible: the impartial rule of law, limited government and individual rights.
Statists, whether out of distrust of individuals or faith in the ability of the government, prefer that the state controls people instead of people controlling themselves; they opt for government intervention rather than individual liberty. Statist policies can include regulation of the economy, provision of social goods, and control over personal behaviors. Many political ideologies can be subsumed under the label “statist” — communism, fascism, authoritarianism, totalitarianism. Even a democracy can become statist if it does not create or does not follow constitutional safeguards against the majority imposing its will without regard for the individual rights of the minority.
Statism is anti-liberty. Individuals have property in themselves, also called self-ownership, which entails they should be free to control their bodies, their minds and their lives. The only way to interfere with that freedom is by means of physical force. The job of governments is to defend individual rights by protecting individuals against the initiation of physical force. However, when governments institute statist policies, they initiate force against individuals who are not infringing on the liberty of others and thus violate individual rights. For instance, regulations, tariffs and subsidies for businesses violate the rights of entrepreneurs and consumers, who both are prevented from voluntarily determining the terms of their interactions with others. If I choose to not give my money to a certain business, government has no authority to overrule that decision. It violates my freedom of choice and deprives others of the property they would have gained in the absence of government interference. Immigration restrictions violate the rights of individuals, since they are prevented from peacefully living and working where they choose to. Bans on smoking and the use of other drugs, speed limits and seat belt requirements, and laws preventing the sale of organs violate your rights since you are prevented from making decisions about your own body.
Tags: economics, individualism, liberty, memes, private property, taxation
An interesting example of confusion about private property came up this past week. I formerly lived in St. Louis, and I loved listening to KFUO radio, one of the best classical music stations in the United States. Recently, KFUO had fallen on difficult financial troubles, probably due in part to the economic crisis induced by the Federal Reserve and our shadowy puppet overlords otherwise known as the United States Federal Government. As a result, the owners of KFUO decided it was time to close up shop and sell the radio station. Sad as this is, I witnessed an even sadder response on Facebook, where literally thousands of St. Louisans (some of them my personal friends) joined a Stop the Sale of KFUO Classic 99 Facebook group.
Many members of said group, I imagine, are pretty innocent in this regard. But what exactly does it mean to stop the sale of someone else’s property? Really?
The description of the group reads: “Petition against the selling of KFUO Classic 99 in St. Louis. The 85 year old radio station, one of only 20 commercial classical stations in the country, is up for sale. Classical stations are getting gobbled up across the country and need to be preserved.”
That’s nice that they want it preserved, but what will a petition do?
One person has told me that this is just how the free market works, with the public pressuring companies to do certain things, “whether it be cleaning up their waste/runoff or using fair trade cotton for goods, adopting a new item to the menu, or not selling their radio station.”
But there is a big difference between saying to a company “Do the right thing” or “We’d like to see this on the menu,” versus “Don’t use your property the way you see fit, because we say so.” Each sends an entirely different message. The former is a moral or consumer appeal, and this is good. The latter, however, is more akin to how unions with exclusivity contracts coerce companies into doing what they want. Except in this case the protesters aren’t even employees (but thankfully there is no exclusivity contract either). Of course, a silly Facebook group has no resort to force, but if they really care then they will support Classic 99 with their pocketbooks, and not with electrons. Indeed, donations are frequently how these kinds of radio stations are run anyway, just look at KMFA 89.5 in Austin where I live now. Petitions mean nothing unless they are backed with something. And what is the point of private ownership of property if you cannot use it, non-aggressively, how you see fit?
Interestingly enough, the sale has already taken place.
And actually I’m glad to hear it, because without the sale, only one of three things could happen:
(1) A private firm or individual could run the business as a loss for charity’s sake.
(2) The business could slowly go under and eventually be sold off in pieces to pay off debts accrued.
(2) The government can take it over, and operate it via revenues taken at the point of a gun, i.e. taxation.
Option 1 would be great, but is very unlikely, especially when you have a government that is taking more and more money from everyone. Charity always decreases when the government takes more off the top. Option 2 is not good either, since it’s completely inefficient and diminishes economic recovery. It is distinct from Option 1, however, since Option 1 functions from savings of the charitable but Option 2 functions from credit alone. That’s bad news, and very undesirable. But Option 3 is the worst possible scenario, not only because it is completely immoral but also because this is always the least efficient means of allocating resources. Anytime the government gets involved, operating costs increase simply because extra middlemen are always involved.
In a recessionary economy like the one we have now, capital must be reallocated to more efficient means for a recovery to occur. The sale of Classic 99 is just one of those instances. This is not only a normal function of an economy, it is the desirable outcome, otherwise recovery does not happen.
We should not buy into the idiocy of governments everywhere, which think that they can bail themselves out – or worse, bail out other countries like Greece – by printing more money and increasing the same credit that got us to this point in the first place.
Thank goodness that despite the inevitable ineptitude of government, the free market can make corrections and everyone is made better off. Remember, the market is always a win-win endeavor.
The moral of the story, I suppose, is support your local classical station, if you want them to exist in the future…
Tags: economics, ethics, private property




