Adrian

"Milton Friedman on taxes: https://www.youtube.com/watch?..." - Adrian

"Wow, so not freehold property in Hong Kong = no capitalism ???" - Adrian

"If Adobe had any ambition they would create their own 'Adobe Workstation' linux distro and port all their apps to it ! Then partner with hardware vendors to ship 'Adobe Design Workstations'. Leverage their software dominance into a full OS/hardware eco system and compete with apple, google and microsoft. Just like Valve is doing with SteamOS." - Adrian

"http://schoolsucksproject.com/" - Adrian

"In a geolibertarian society monopoly of resource rents would not be allowed, thus the kochs would have to give up some profits to society." - Adrian

"This one isn't http://en.wikipedia.org/wiki/G..." - Adrian

"Your analysis is very wide of the mark. History is littered with big companies that had scale but were too inflexible to compete. The co-op used to be massive compared to its upstart competition, not so any more. Tesco, Asda and the rest all out competed it. Apple is bigger now than IBM. Small companies can compete on the free market because without the (dead weight costs of taxation and regulation imposed on them from the state) they can be more innovative, flexible and responsive. It is not the 1950s, rapid technological change favours the small and flexible over the large and inflexible more now than ever. The real problems with current capitalism are monetary (a global fiat currency regime that is creating global fictionalisation of the economy) and fiscal (taxation that favours the rich because it doesn't fall mainly on land). It is these monetary and fiscal reasons that capitalism currently moves wealth from poor to rich." - Adrian

"'The Road To Serfdom' is basically '1984'. You are comparing apples and oranges. Basic economics to possible political futures. 50% IS NOT almost all ! At least 50% of libertarians reject Rothbard's position on land. Before Rothbard Albert Jay Nock was the most well known individualist anarchist libertarian and a geoist. http://mises.org/media/categor... I would say that most libertarians favour IP reform because they understand that ideas are not created in a vacuum and thus need to re-enter the public domain after a reasonable time." - Adrian

"I would say it is the planning permission that has capitalised the land, not you doing anything to it e.g. land values didn't wait for the Olympic area to be redeveloped, they rose before hand, same for underground extensions etc ... This is why so much political corruption is linked to land deals, land is capitalised at the stroke of a pen. In effect the planner (representing society) is dolling out free gifts. These gifts enable a rise in tax revenue but because tax isn't linked strongly enough to land values there is a net gift to the land owner paid for by everyone else (including non land owners). In your example you are assuming that the forest has zero value and thus you should not have to be charged by society for removing it. 100% of your profits are not legitimate because of externalities." - Adrian

"True but the returns from a company and the returns from land are different. When you take a return from land no one benefits except you. When you swap a company for land you have swapped legitimate returns from innovation and productivity for rent seeking. You are betting that the government and central bank will crank up inflation via mortgage lending and you are hoping others make investments around your land. You are also betting that the government will keep taxes high on incomes, sales, corporations, inheritance so they can be low on capital gains on land. It is impossible to make money from land without making the poor poorer. The poor suffer higher rents and receive no capital gains on property to offset their taxes. Taxes pay for all kinds of government expenditure that raises land prices." - Adrian

"Don't worry, Hayek has your back.: http://en.wikipedia.org/wiki/S..." - Adrian