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Philosophy 2801F/G

LIBERTARIANS WEEK 3 LECT 1 COUPON CAPITALISM • everyone as they enter into adulthood would be given a portfolio in the nations indus- tries, you would collect the dividends • Compensatory education: only and most important thing for equal opportunity • invested more into the low income families, given the disparities of wealth you might have to invest 10x the wealth of black children than white in the US • Egalitarian Planner - redistribute wealth between types but not among types. Social factors shouldn't affect your opportunities, divide people into types based on these so- cial factors. Ambition sensitivity, we need to account for the harder you work, if you're at the bottom or the very top, its your fault and we wont tax you LIBERAL EGALITARIANISM • property owning democracy, seeks underlying equality in the distribution of wealth, particularly disparities in income. overvalue mental work and undervalue physical work, this shouldn't necessarily be the case bad ethos of blaming lazy people for free rider problem when they don't want to bring • down the welfare state • hold people responsible for their choices, take a more political approach focus on ethos instead of redistributing money LIBERTARIANISM • view associated with fiscally conservatism • Metaphysical Libertarianism - hard determinism theres not such thing as moral re- sponsibilities. - libertarianism makes people fully responsible for what they do in the de- terministic world. Believe • Political Libertarianism - emphasize the importance of liberty over other values and opposed to restraint by the state. see government restrains as a temporary measure for long term liberty • Left/ Social Libertarianism - concerned with diminishing inequalities in a similar fash- ion that liberal egalitarians are. they're emphasis being put on individuals free will to have liberty. want change but the state shouldn't be the mechanism for this. voluntary decision making over state coercion • Right Wing Libertarianism, very unrestrained market. Justify capitalism than others do. Inherently objectionable to interfere in the market, and that is why capitalism is the best choice. Freely exchanging property is the right choice. Have no problem with charity, be- cause it is voluntary. THe only taxation that is good is that which taxes people for the bettering of all society, eg. policing. If you divide everything up into private property you will take better care of it than anything that is communal. • being taxed is coercive, need some minimal taxation to make society safe. why d
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