A criss cross of slave labor exploitation, unfettered plundering of the natural environment and a lack of any real monitoring or concern for the abject poor. What was the living standard for indigenous and African Americans?
Slavery was actually bad for the american economy, because it reduced investment in capital, plus it's been used all over the world for thousands of years without similar benefit (like africa), this kind of growth wasn't seen in areas with comparable natural resources, and there were greater increases in teh standard of living of the poor than anywhere else. Doy you really think poor countries are poor because they devote so many resources towards helping the impoverished? Lol, you can't "care for the poor" without economic growth in the first place.
Fail.
I said that competitive demands of the free market would make luxuries like charity and adoption a lot less popular.
1. There would be no taxes.
2. State regulations and other interventions like taxation act as barreirs to entry to new firms, which minimises the ammount of competition between firms, which results in higher priced poorer quality goods and services. On a free market, the cost of living would continualy be falling.
Particularly given how much of the burden of the underclass that the Church's took on in the 19th century and how they're influence and popularity has waned so much since.
There would be less poor people on a free market. Amazingly, paying people to be poor...doesn't stop them from being poor (who would have thunk.)
And friendly socities were outlawed for things like healthcare anyway.
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At any rate I thought you were all about ideology, freedom and right to keep what yours? Which is it, pragmatism or ideological purity?
I never claim to be "ideologically pure". I reject most of the standard libertarian dogmas.
My ideology is based off of my understanding of economics, not the other way round.