Private property rights can help solve environmental problems if pollution is treated as the damage of private property, rather than an offence against the government. If a rubber factory has a lot of people suing it for polluting the groundwater on their property, it will make efforts to not release that toxic waste onto the ground. Similarly, if a crazy hot rodder moved into a neighborhood of old grannies and revved his race car engine at 1:30 every night, Granny would have the ability to sue him for interfering with the peace and quiet on her property. However, if he had been doing that since before dear old granny moved next door, he would have homesteaded the right to make noise there. She should have taken that into consideration before she moved there.
Child labor is caused primarily by poverty. Families who cannot survive with only the parents working are the ones who have their children providing income as well. Most parents would prefer to have their children at home or in school, rather than putting them in a dangerous workplace. It is when they cannot afford to keep them home that they have them work.
In history, child labor falls when there is an upturn in the economy and their parents can provide for the family without the help of the children. An improvement in the economy is almost always caused by the introduction of a free market.
Governments have often tried to reduce child labor by passing laws forcing companies to fire all of their underage employees. Unfortunately, in the situation many of those child workers were in, not working meant starving or working in illegal, far more dangerous conditions. They would have been better off keeping their original job.
Foreign aid programs are programs whereby the government of a wealthy country gives money or resources to the government of a poor country, to be distributed to those who most need it. However, foreign aid has undesired effects that are not generally discussed.
When a government is provided with free cash flow from another government, instead of using that money to help their country become economically independent, it tends to use it to strengthen their regime instead. Since it has control over who gets that foreign aid, it will use the resources to reward its influential supporters instead of distributing it to the poor.
In a country with no foreign aid, the government is highly motivated to get trade moving, which helps build the economy. Instead of spending their time trying to get more government aid, they will be working on improving their country and economy.
In a free market economy, businesses can keep, save and invest profits. They spend their extra money on capital goods, objects such as machines and tools which help them to produce much more quantity more efficiently. This way they spend much less on the production process. They compete with other businesses by making their process as efficient as possible and lowering the prices. When the price of goods is low, the dollar can buy more. In other words, real wages have gone up. People can afford a greater standard of living making the same amount of money.
But they do not keep making this small amount of money. As their employers buy capital goods, their productivity goes up. Imagine you are employed at a metal-working shop. Your job is to drill holes in pieces of metal. Hand powered drills are very slow, especially when you are drilling through hard steel. Each hole might take about 15 minutes. Your employer needs 60 holes drilled every day. To do this, you will have to work about 15 hours a day. Obviously this is very inefficient. So your employer buys a power drill. Now, to drill 60 holes will only take two and a half hours. That is a 600% percent increase in efficiency! The shop’s output can be increased, making more money for the company. Since you have become so much more efficient, the company can now pay you more.
So let’s see how all this affect you. Businesses produce more product with less cost. Therefore prices go down, and the cost of living is decreased. Your efficiency at work is increased, so you get paid more. You could also cut your working hours down to maybe 9 hours. So to sum it up, you pay less, work less and get paid more.
I do not believe that the state has the right to redistribute wealth, whether it is to less fortunate citizens, to other countries, or just to themselves. The reason I believe this is pretty simple: redistribution of wealth is theft. It requires that there be violence or the threat of violence to innocent citizens. In taking away resources from its people, the government makes of itself a giant band of robbers. the only difference between the two is the government’s pretense of doing it for the good of society. Do the ends justify the evil means?
Hello my fellow rpc bloggers, (or past rpc bloggers) I have abandoned this blog for the summer because I wasn’t doing school but I am up and at it again. I am taking government 1B and american history on rpc but I will only be writing essays for government. I might write about other things as well, but I can’t make any promises! If anyone has any recommendations for things I should write about or improvements to my writing, they would be appreciated.
In the 9th and 10th centuries AD, ferocious warriors from the north were attacking the residents of what is now France. These warriors were known as Norsemen, or Vikings. They raided the coasts of France first, and then began pillaging further inland. They often looted the monasteries because they often had lots of gold religious symbols and other valuable things. Sometimes the people of an area got the option to buy them off with an enormous ransom. They really had no way to protect themselves from these Vikings, and the king did not have the power to protect them either. This situation led to a dramatic change in the social order of the country. The peasants would offer to serve a local powerful noble in exchange for protection from their enemies. They would work on the noble’s land and grow crops and livestock for him. They were bound to this land for their entire lives, and their children were as well. The noble that owned the land would protect them from the raids of the Vikings. This system was called manorialism. Feudalism was the system whereby the noble got his army. He would give land to good fighters as a source of income, and they would go to battle with him when the area was under attack. These vassals had serfs who worked on their land to bring them income to live on. That way they could spend their time training for battle rather than earning a living on their own. This system was very effective in preventing the country from being destroyed by the Vikings.