(December 15, 2010 at 12:21 am)TheDarkestOfAngels Wrote: Registered Democrat.
I think the best system of government is a powerful regulatory body that governs the peopel and regulates business. I don't think it helps out personal liberty to have a government that won't interfere with the abuses of the powerful upon the powerless. I don't think allowing businesses to run amok with little regulation can allow for a healthy society.
A lasseiz-faire government will invariably lead to plutocracy.
In an Anarcho-Capitalist (minarchist) ran economy you don't have plutocracies or monopolies. Government intervention in the economy accounts for those. If you have a true lasseiz-faire economy, which the U.S.A. most certainly has not had, the market does not allow for plutocracies.
LWP17, a commodity based monetary system - a gold standard in this case - is the only monetary system that works. Fiat monetary systems like what the U.S.A. has thanks to Keynesian economic thought and the Federal Reserve only destroy the economy and the currency. The Austrian school of economic thought (lasseiz-faire) predicts the boom and bust cycle of Keynesian economic policy and the inevitable downfall of the currency due to inflation,e.g., the Continental dollar during the American Revolution and the Weimar Republic of Germany.