What Peter Boetke pretends to give reasons in his essay is for the impossibility of the application of means towards socialists ends.
In a socialist country prices are higher, because products are scarce. There is no private property/ ownership for the citizens to trade. How will they calculate economic calculation without the price system of the free market, where individuals choose what they most value? There are no profit and losses in a socialist country.
The individual is cause of alienation because if they don't have the means of production they are being separated from their essence to serve a greater cause on of "transcend" for all.
Individuals should be allowed to act opportunistic
The questions that arose to me is:
What means does libertarians have and are they consistent with their ends?
Mises argument proved that it was impossible for socialist means to achieve the socialist central planners to engage in rational economic calculation. Because socialism requires the complete abolition of private ownership of the means of production- capital goods- wthout private ownership of the capital good, there can be no exchange in them. Without the exchange of them, there can emerge no market prices for them. And without market prices for them, socialism cannot rationally allocate them. Allocation for no urgently felt consumer demand goes unsatisfied because the resources required for its satisfaction have been devoted to some less highly valued use.
How in a free market resources are rationally allocated?
If socialist project therefore cannot achieve the end of scarcity, then socialism would not be able to usher in the new age of social harmony that was its stated goal.
Socialism refers both to particular means and to particular ends; where liberalism only refers to means, because as individuals we have different ends.
Socialism economic goals achieved through collectivist means
How does socialist get motivated?
The collective ownership cannot possibly prepare the ground for the leap into the kingdom of freedom by creating the hoped-for advancement of material production.
The law of demand can be used to make predictions about consumer behavior in the real world.
Ayn Rand critiques ends of socialism by using the moral that it suppresses the individual while Rothsbard critique both ends and means.
What's the best means to obtain the end we want to seek?
Everyone has a theory the way they see the world. -facts, evidence
Get rid of regulations, open entry for everyone. Cycling business meets consumers demands.
In a socialist country prices are higher, because products are scarce. There is no private property/ ownership for the citizens to trade. How will they calculate economic calculation without the price system of the free market, where individuals choose what they most value? There are no profit and losses in a socialist country.
The individual is cause of alienation because if they don't have the means of production they are being separated from their essence to serve a greater cause on of "transcend" for all.
Individuals should be allowed to act opportunistic
The questions that arose to me is:
What means does libertarians have and are they consistent with their ends?
Mises argument proved that it was impossible for socialist means to achieve the socialist central planners to engage in rational economic calculation. Because socialism requires the complete abolition of private ownership of the means of production- capital goods- wthout private ownership of the capital good, there can be no exchange in them. Without the exchange of them, there can emerge no market prices for them. And without market prices for them, socialism cannot rationally allocate them. Allocation for no urgently felt consumer demand goes unsatisfied because the resources required for its satisfaction have been devoted to some less highly valued use.
How in a free market resources are rationally allocated?
If socialist project therefore cannot achieve the end of scarcity, then socialism would not be able to usher in the new age of social harmony that was its stated goal.
Socialism refers both to particular means and to particular ends; where liberalism only refers to means, because as individuals we have different ends.
Socialism economic goals achieved through collectivist means
How does socialist get motivated?
The collective ownership cannot possibly prepare the ground for the leap into the kingdom of freedom by creating the hoped-for advancement of material production.
The law of demand can be used to make predictions about consumer behavior in the real world.
Ayn Rand critiques ends of socialism by using the moral that it suppresses the individual while Rothsbard critique both ends and means.
What's the best means to obtain the end we want to seek?
Everyone has a theory the way they see the world. -facts, evidence
Get rid of regulations, open entry for everyone. Cycling business meets consumers demands.