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- From: sulkom@ubvmsb.cc.buffalo.edu (Mark Sulkowski)
- Newsgroups: alt.philosophy.objectivism
- Subject: Re: Evidence for the market
- Message-ID: <C1Ft7t.Gn6@acsu.buffalo.edu>
- Date: 26 Jan 93 01:25:00 GMT
- References: <C14CK1.1CM@usenet.ucs.indiana.edu> <1993Jan20.212001.24692@shearson.com> <C1AMsv.G6K@undergrad.math.waterloo.edu> <1993Jan23.210811.1399@netcom.com>
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- In article <1993Jan23.210811.1399@netcom.com>, abell@netcom.com (Steven T. Abell) writes...
- >svanegmo@cantor.math.uwaterloo.ca (Stephen Van Egmond) writes:
- >
- >>Actually, it has been shown, and is accepted (at least by my ECON 101 text,
- >>which on the whole is a balanced assessment of free-market behaviour), that
- >>there is a type of good called a "public good" which, if left to the market,
- >>would not be provided.
- >
- >>The typical example is military defence. I recognize that in an Objectivist
- >>world, the military would have little or no place.
- >
- >Not true. Defense is one of the few "public goods" required from the
- >government by objectivism. It is a necessity, but is not provided by
- >a legitimate market because it is neither constructive nor based on
- >service to individuals.
-
- Excuse me? Did I understand you correctly?
-
- Most people would agree with you (as do I) that defense is a "public
- good" and it is necessary in a world filled with aggressive militaries.
- But I don't understand your point that it is neither "constructive"
- or a "service".
-
- Defense most certainly is a service. Its job is to protect
- your life and property. How is this not a service?
-
- Perhaps you mean that it is not "constructive". But what does
- that have to do with anything? If defense serves a purpose for you,
- you would be willing to pay for it. You would pay based upon the
- degree of protection you want from foreign aggression.
-
- The reason that "public goods" are difficult to provide is
- that its benefits are difficult to internalize to paying customers.
- This leads to people free riding off of their paying neighbors.
-
- Constructiveness has absolutely nothing to do with it.
-
-
- Mark Sulkowski
-