Originally posted by Newjak
And what dictates the currency used?And what keeps property owners from just taking other people's property and adding it their own? What happens to people born without property or if their families have no property?
Is the owner just one big king? What about the spouse's of these owners? What happens to the property when the owners die?
Who enforces this?
You're basically taking us back to early human civilization and starting the exact same cycle that got us to this point to begin with.
The people who want to use it i.e. people investing in gold, silver, crypto, stocks, etc.
Competition between currencies would reveal which are good and which aren't. The better currency that holds it value longer would be stored, while the lesser curricies would have a rapid circulation. This is a principle known as Gresham's law.
The things that stops someone from stealing other people's property is; a sense of decency/moral compass, self defense (if someone comes to steal from me and I point a shotgun at them, they're going to be deterred.), Security measures i.e. gravel to hear someone's approach, security cameras, dogs, signage.
These are also the things that stop property crime now, as around 40 percent of murders in America currently go unsolved, in addition to thousands and thousands of other property crimes.
Laws aren't what stop the average person from murdering, raping, or stealing, common decency is. Immoral people don't give a shit about following laws or not.
If your family has no property it's because they didn't provide any value to anyone, if they did then they'd be able to afford property.
Everyone is born with property, it's called your body and it's effects.
No I'm saying we should go back 300 years before there were violent cartels known as governments, that only exist as parasites on the back of consumer-producers.
They provide nothing, if they did provide value they wouldn't be in mutli-trillionaire debt.
If a powerful company in a free market doesn't provide value then it collapses as a business. The only place valueless businesses exist is under the state, in the form or bailout or artificially low interest loans.
So if a powerful company became violent in a free market, it would quickly collapse.