Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Posting-Version: version B 2.10.2 9/18/84; site lanl.ARPA
Path: utzoo!linus!philabs!cmcl2!lanl!jlg
From: jlg@lanl.ARPA
Newsgroups: net.politics.theory
Subject: Re: Freedom, coercion, and free markets (III)
Message-ID: <21857@lanl.ARPA>
Date: Tue, 19-Feb-85 21:44:38 EST
Article-I.D.: lanl.21857
Posted: Tue Feb 19 21:44:38 1985
Date-Received: Thu, 21-Feb-85 05:39:45 EST
References: <328@gargoyle.UChicago.UUCP> <topaz.605> <1397@dciem.UUCP> <4895@ukc.UUCP>
Sender: newsreader@lanl.ARPA
Organization: Los Alamos National Laboratory
Lines: 19

> When someone dies, all his worldly is auctioned off, and the
> money gained from this sale is burned. Destroyed.
> The value of everyone elses' money rises accordingly.
> The next-of-kin feels a bit p**sed off though.

This would never work in a libertarian style society.  How are you to
enforce the burning of the auction profit?  Seems like there would have
to be a law which required the burning of the money, a court system to
adjudicate fair settlement (how much money get burned if there is a living
partner in the estate?), and a police force to ensure that the laws were
carried out.  Libertarians would never pay taxes to support such a scheme.
Of course, you could give the money to the police and court system to make
the thing self sufficient, but then there would be no external control
over the court's actions.  They could start having the police force execute
people in order to gain their estates.

:=)

J. Giles