Lesson #038 - Why Democracies Fail
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The democratic process is a sham, a con job. Throughout many lessons we have showed you the reasons of its failure and why it can never work. Summarizing the answer is very simple: its flaws are inherent and systemic. A democratic process cannot “cure” itself because it cannot eject vital parts from itself, no more than you can remove your heart or brain and keep on living. At the most…
Lesson #037 - Bribery, The Universal Equalizer
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It may seem strange but as Absolute Austro-Libertarians we are all in favor of bribery in a Democratic system. From our point of view, bribery is nothing more than a voluntary contract between two parties. Such a contract is the means to obtain something that would otherwise be un-obtainable. Most of the time, these things are unavailable due to government action. Bribery allows us to regain our right to a…
Turkey: When Everything Fails, Go Austro-Libertarian
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It is always a delight to see hypocritical politicians unmasked. Today is Turkey’s turn. It so happens that the new-and-improved Incentive System approved last July, produced some 5567 certified investments to date, or so the Hurriyet Daily News announced in its article “New incentive system increases investments in Turkish economy”. The message is clear. Turkey: When Everything Fails Go Austro-Libertarian.
It is obvious that Turkish economy is doing OK, or so…
Austro-Libertarian Economics Strike Again
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The Economistpublished today quite a complicated article titled “Dumb-bell or emerging middle?” where Andy Summer analyzes the distribution of wealth going on since 1980. It attempts to describe the current situation of the middle class and its trend. His conclusion? People are moving from the first type of economic classe (poor or insecure) into the second class (prosperous or secure) in richer emerging markets only. Actually, we don’t care. What…
Lesson #036 - Ecology Through Self-Interest
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Ecology has faded somewhat from the political landscape as of lately. This is probably because of the ongoing economic troubles the world was plunged into by politicians. But ecology is one of those things that you can’t just ignore. When you least expect it, it will turn around and bite you in the ass. We cannot stop being poisoned no matter how much we may want to. Mandated ecology has…
Taxation Strikes Again
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The Sydney Morning Herald published today an article titled “Debt push loyalty rewards programs to brink”. It would seem the Australian rewards company Lifestyle Rewards and its owner Mr. Malkoun are both facing bankruptcy aided in no small measure by the Australian Taxation Office. The company owes half a million and the owner 1.9 million. Taxation Strikes Again.
Is Lifestyle Rewards a sound company or a bankrupt…
Lesson #035 - You Are Not A Citizen
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The question is: are citizens or residents in a country allowed to disengage themselves from the existing government or country? Or, more precisely, have they ever been citizens or is this just a fable that politicians have spun? The truth? You are not a citizen… well… mostly.
In order to answer that question we need to look at all the possible scenarios in which different citizens can be found.
However,…
Thieves Of The World, Unite!
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No, we are not talking about organized crime. We are talking about politicians. Today the absolute ruler of Russia, czar Vladimir Putin, submitted a bill to the Duma containing a series of measures to combat terrorism. According the Russian newspaper Pravda in its article “Relatives of terrorists will pay for compensation”, close friends and relatives of terrorists will have their properties verified for legal origin and if failed, seized.
This is…
Sell A Body Part – Save A Life
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The Mexican newspaper El Universal printed in its front page an article exuding desperation for those in the transplant waiting list. The title was “The long wait for a transplant”.
The story highlights the issue transplant candidates must endure: 10 or more years of wait and 18.000 people ahead of them. The reason? According to the newspaper “lack of culture and lack of regulation” Do good. Sell a body part –…
