sobota, 14 listopada 2020

Finntronaut - Taxation Is Theft - Austrian Economics Metal


Money has no inherent value
It's only worth what people will give you (for it)
Nothing has objective worth
Different things by different people are differently preferred

A rich person with all of his money
Consumes just three meals per day
Economy is not a zero-sum game
Fortunes of one causes no poverty

To end hunger, you need not money
(You need food)
To end poverty, you need not money
(You need to produce)
So listen to the words said by Karl Marx
Capitalism is a crisis in ABUNDANCE

You're a useful fool who claps his hands
(When your masters hide money stolen from you)
Behind one wall of separation
(Taxation is theft and you know it's true)

NPC: "Taxation is the price we pay to live in a civilized society."
NPC: "This is extremely dangerous to our democracy."
NPC: "Assimilate or be destroyed."

When you print money, you have only degraded
the value of singular units generated
(It is called the marginal utility rate)
Scarcity, demand are the bearers of value
Prices lower as you increase the produce

To maximize production you need to incentivize
Taxation discourages enterprise
'Cause you don't get to keep your own labor's fruits
And people work hardest for their own good

Big business benefits from lack of competition
Hence they lobby for more regulation
The monopolies of which you're so afraid
Love the barrier to a rival of theirs

According to the subjective theory of value
every dollar used by government instead of you
cannot be used to the same degree
of efficiency
'cause your values differentiate
from those of the state

Your labor only has value if someone agrees that it does.
How much it is worth depends upon:
1: How much one is willing to pay for it
2: How low you're willing to work for
3: How rare your skill is
4: How many people want your work

Government loves goals that can't be achieved
'Cause this way they can grow incessantly
Their desire for equality is pure insanity
'Cause equality grows as markets get freed

Everyone knows best what they themselves want
And what people want is the demand
Demand is what incentivizes production
Economy works fine without your intervention

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