Nickolai77 said:
I don't think your giving enough credit to public services, which do, as a whole, can do a good job. Trains run on time and go to places where you would expect them to go and not where it is only profitable. Not everyone can afford a private education, and the standard of state education is pretty decent. Not as good as a private education, but it's enough to get many state educated individuals into university. Similarly, not all Americans can afford health insurance, whereas in the UK everyone is guaranteed basic and comprehensive health care regardless if they can pay or not. People in the EU and other countries are protected from employers taking unfair advantage of their employees and consumer's, and everyone is guaranteed minimum standard of living.
Charity alone can not support all these public services, it's founded on the assumption that a libertarian system will create enough rich people who will be charitable enough to provide enough cash to provide everyone with health care, education and a basic infrastructure, as well as fund regeneration projects and grants for businesses and students. I think it will generate a lot more rich people, but i doubt it will be enough to fill the vacuum the state left behind. What will happen is that the rich will get richer and the poor will get poorer. If you want to look at a libertarian system in practice, the closest example we have historically the Middle Ages.[/quote]
I am afraid there is no easy way of putting this: holding up the Middle Ages as a standard of libertarianism is as wrong as it is amusing. The Middle Ages were full of Guilds, Lords and restrictions that hampered the ordinary man from bettering himself. Governments granted monoploies even more so that they do now, most men were not free but under a Lord and therefore had their life dicated to them and guilds kept prices high by wiping out all competition.
The closest example you will get of a libertarian society is during the 19th century in America/Britain. A time of great technological advancement, social movement, the appearance of the Middle classes, tourism, prosperity in every level of society and mass production.
In short, Capitalism worked its magic. Goods of all kinds were produced in greater varity and cheaper price. The poor were not so poor and the number of rich people grew and grew. And that leads on to your second facilcy which is that "the richer get richer and the poor get poorer". Actually what we see in the 19th, 20th and 21st century is that the rich get more numerous and the poor get fewer. There are less poor and more rich people in Britain today than a hundred years ago. What do we have to thank for that? Capitalism.
How did Alan Sugar work his way up from a low income family to a multi millionaire: hard work, entruprenurial skill and a keen business eye. And that is the essense of capitalism, anyone, regardless of race, creed or income can start up a business, can innovate, can be an entrepreneur and can be successful.
And what does the government say: "Oh well done Mr Sugar, you have worked you're way out of poverty now had over more taxes to us as your "reward"" Over the past ten years the gap between rich and poor has failed to decrease. Not because of capitalism but because of the so called "Welfare State", that ruining state of dependance and laziness that creates no impulse for self improvement in the poor.
So don't lecture me about the evils of liberalism when the evidence of history suggests that it is you who has to explain to me how state intervention is not evil.
ps. I would love to debate private vs public ownership with you but I have no time. Visit www.mises.org for more.