Reply Tue 11 Aug, 2009 06:41 am
In my Critique of Austrian Economics I write:

Quote:


Burczak (Socialism after Hayek, p. 122) writes:

Theodore Burczak wrote:


Steve Horwitz writes:

Steve Horwitz wrote:
Smith Center Annual Prize in Austrian Economics, so I take both men as canonical of the Austrian position.

Do you agree with Horwitz that the abrogation of property rights entailed in seizing firms from the shareholders and giving them to a democratically-elected labor leader can be ignored as long as the new owner does not ask for any regulation, but is willing to operate (with his stolen property) in an unregulated market?
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russ cv
 
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Reply Tue 4 May, 2010 01:34 pm
@Onion Eater,
Burczak wants to supplement the markets with redistributive policies—he would stake all citizens to a rather large hunk of tax-funded wealth
This is universal benefits aka citizen wages aka... This gives everyone the birthright of a stake in the "land", the stake coming from land value tax, the more of the country resource you use the more you pay, this way everyone starts off on a good enough footing that they have no excuse.

"he argues, promote broader access to the marketplace and enhance the chances that people will live “choiceworthy” lives."
"Promotes"? I would say that guarantees access for someone who would otherwise be begging. "Choiceworthy"? I don't see that their values will necessarily change.

"Burczak's socialist vision"
"I take both men as canonical of the Austrian position"
I guess you shouldn't. Smile

"stolen property"
Enough said.

I'm not familiar with these ideas of Burczak, they sound odd, not Austrian.
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