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DO WE OWN OURSELVES-LIBERTARIANISM-
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CONTENTS
01
02
03
04
05
Conclusion
Do We Own Ourselves
Michael Jordan��셲 Money
Free-Market Philosophy
Intro and The minimal state
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-Intro
Each fall, Forbes magazine publishes a list of the four hundred richest Americans. So vast is the wealth at the top of the American economy, even in a weakened state, that being a mere billionaire is barely enough to gain admission to the Forbes 400.
In fact, the richest 1 percent of Americans posses over a third of the country��셲 wealth, more than the combined wealth of the bottom 90 percent of american families.
The top 10 percent of American households take in 42 percent of all income and hold 71 percent of all wealth.
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Some people think that such inequality in unjust, and favor taxing the rich to help the poor. Others disagree. They say t���(�깮�왂)
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he incentive to work and invest, leading to a decline in productivity. So, it will eventually reduce the amount of money available for redistribution to the needy.
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The other from outside utilitarian
The second objection regards these calculations as beside the point. It argues that taxing the rich to help the poor is unjust because it violates a fundamental right it violates their liberty to do with their money whatever they please. Those who object to redistribution on these grounds are often called ��쐋ibertarians���.
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Libertarians favor unfettered markets and oppose government regulation, not in the name of economic efficiency but in the name of human freedom. Their central claim is that each of us has a fundamental right to liberty the right to do whatever we want with the things we own, provided we respect other people��셲 rights to do the same.
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-The Minimal State
If the libertarian theory of rights is correct, then many activities of the modern state are
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