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So, the UN finally admits it's Capitalism not welfare that is ending poverty!
#30
RE: So, the UN finally admits it's Capitalism not welfare that is ending poverty!
Heres a specific example of a subsidy. In the US, Grain crops receive the highest level of subsidies, so we'll use them.

The subsidies they receive are essentially price floors, ensuring the farmer that if there is a glut of grain, he will not be driven into poverty with his lost investment. The reason that we give these subsidies, is that before we did so, farmers planted whatever was most likely to be profitable, creating shortages of staple foods during times like the Great Depression (and even during years of relative prosperity). I'm not asking you to solve the worlds ag problems, just wondering what a libertarian government could do in this regard, in theory.

I suppose I'm challenging the implied statement that government is not capable, or should not be capable of of leveraging its ability and authority in increasing the quality of life for all involved. I used ag subsidies because they're close to home for me and I view them as vital to our way of life. What does libertarianism have to offer in an arena like this, where the ideology is directly opposed to any action that the government might take?

If you can point me to some sources that touch on this even, it's an honest question. I was telling some guys in chat earlier I hadn't voted since '01 and I'm shopping for a party..lol.

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RE: So, the UN finally admits it's Capitalism not welfare that is ending poverty! - by The Grand Nudger - July 27, 2011 at 10:26 pm

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