[quote]thunderbolt23 wrote:
[quote]Dustin wrote:
Why though? Why is that okay (to differentiate based on “looks”, but to do so based on race is not?[/quote]
Because with one class, there is no moral or rational justification for the discrimination, and with the other, there is.
The difference is, the libertarian is a moral relativist and can’t distinguish that some forms of discrimination are worse than others and cannot be tolerated in the name of our hard-earned civilization. I don’t suffer from moral relativism, and never have.
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I will see if I can find something that Rothbard said about morals when it comes to economics, but later. At the base level an economist is not a moralist. The only thing an economist looks at objectively is if things are practical (e.g. The goal of this tax is to help the poor, this tax does not help the poor, it just lowers the standard of living for the rich and declines productivity over all, therefore this tax in not practical). However, Natural Law on top of praxeology is the platform of Austrian School of Economics.
Practically the only thing ‘wrong’ with being discriminate in ones relationships, be it personal or business, is that you are hurting your business. However, that is just as an economist. And, when looking at being an individual it is different, as an individual I think it is ethically wrong to be racist.
As an economist (different view point, different kind of objectivity) the only thing being a racist will do is hurt their business. It is not practical to be racist, but it is also not practical for others to force someone not to be a racist or to be a racist (in case of Jim Crow laws).
I think some of the guys (on both sides) get it mixed up. One side is arguing from solely an economics side (practicality) with out seeing that the other side is arguing from an individual side (ethics). The other side arguing from an individual side is arguing without knowing that the other side is arguing from an economics side. But both are calling it economics.
I think we can all agree that being racist is morally and ethically wrong. However, looking from a praxeology + Natural Law point of view it is also wrong to commit an act of aggression on a non-aggressive person.
Economics is not about finding out if being selfish or unselfish is right, or any character traits someone has (e.g. racist) but if those traits lead to anything. It is solely the science about if things are practical or not.
Yes, economics has been made into something that it is not. People have thrown everything from right and wrong to whatever into economics. In its purest form, Economics is about determining if a certain human action will provide its intended results, not if it is right or wrong in the moral sense. If A is supposed to cause B, but causes C or D instead, then as an economist it is our duty to show that it does not work through logic. And if A is supposed to cause B, and it does in fact cause B, then it is our duty to tell the truth that A in fact leads to B, nothing more.
And, I know I am repeating myself, but only for clarity reasons. As an individual however, If A leads to B, and if A and/or B are wrong morally/ethically/religiously I have the right as an individual to speak out because it goes against my beliefs.
However, beliefs are not supposed to be factored into science when looking at the situation objectively.
I think some people on both sides should go back to their respective libraries and read more on what they are talking about.
Issue at hand #1: Protectionism, How do you do it? Tariffs, quotas, &c.
What is the purpose of protecting the local market from outside markets? To keep wealth inside the boarders and build wealth while keeping it inside the country.
What does it actually do? Keeps wealth inside the boarders, restricts competition, distributes wealth to those wealthy enough to have the business in the first place, lowers purchasing power as prices rise when something becomes more scarce, harms foreign relations, restricts use of private property, &c.
Yes, Protectionism does keep wealth inside the country, however it does not fully maximize, and in some instances reverse, the second objection I listed. Therefore, protectionism harms society by aggression on people’s private property by not allowing them to have a higher purchasing power outside the country by forcing them to only by inside the designated boarders.