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      "body": "Congratulations @timaj! You have received a personal award!\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/@timaj/birthday1.png)](http://steemitboard.com/@timaj)  1 Year on Steemit\n<sub>_Click on the badge to view your Board of Honor._</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n[SteemitBoard World Cup Contest - The results, the winners and the prizes](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-the-results-and-prizes)\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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      "body": "Always an interesting question, and difficult to answer. Maybe you'll find some inspiration in my latest update on my portfolio?\n\nhttps://steemit.com/cryptocurrency/@cryptotem/my-strategic-cryptocurrency-portfolio-update-3",
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      "author": "finnian",
      "body": "Again as above, what do you think happens now? Justice is an illusion only the middle class believes in, for the rich and poor know better.",
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      "author": "anarcho-andrei",
      "body": "@@ -49,32 +49,43 @@\n ing \n-for wages, even if those\n+in a sweatshop, even assuming their\n  wag\n@@ -95,16 +95,17 @@\n are \n-miniscul\n+a pittanc\n e.  \n",
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      "author": "anarcho-andrei",
      "body": "So child prostitution is preferable to them working for wages, even if those wages are miniscule.  Got it.\n\nYou're welcome to stop responding at any time if you don't want to engage me.",
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      "author": "timaj",
      "body": "So i said i was going to finish there to stop us regressing into endless argument.... but \"sweatshops arent inherently bad.\"?? I'll admit you've baited me here. You're a right tool if you really beleive that... the point was that regulation (national and international) could improve sweatshops, if it was introduced. (As a side point, the effects of poor human rights records dont seem to have really bothered Walmart and Nestle...certainly not to the extent you suggested that reputstional affects would...) But a neoliberal (limited state interference) has blocked it. This has happened largely via multinational corporations lobbying governments against it.\n\nIf your anarchism makes you so blind to the merits of state intervention in free markets that you see sweatshops as a genuinly palatable solution to the problem of child prostition in developing countries, I implor you to rethink your position.... **appalling** ...",
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      "author": "anarcho-andrei",
      "body": "To your point about gun violence, you would need to implement a worldwide ban on firearms in order to effect a drop on firearms to the degree you'd like, otherwise people will simply buy them elsewhere and import them.  As far as firearms violence statistics, firearms violence is close to be statistically insignificant in the grand scheme of violence in the US.  Firearms account for less than 1% of fatalities here in the US, and that's including accidental discharges that result in death.\n\nI never made the claim that economic factors would *solve* anything, only that they were more efficient and effective than a system in which coercion is the method used.  Coercion is violence, and as such increases the overall violence in the system.  When you rely on voluntary and consensual exchanges instead, you remove that **glaringly large** portion of violence from the system.\n\nSweatshops aren't inherently bad.  Many people that work in them in the third world have no other prospects besides starvation and death.  Would you rather have a child working in a sweatshop or being a prostitute, as is common in southeast Asia?\n\nAre you fucking serious?  There's 0 incentive for private firms not to violate the private property and persons of consumers and others?  Did you just ignore every comment I've made up till now?  What possible motivation would a private security firm have to destroy the private property of others in a free market, where such negative actions would result in unbelievable financial and reputation losses?  It's like you're ignoring economic calculation altogether while simultaneously claiming it can't do anything.\n\nStates aren't incentivized to try treating anyone fairly.  Without getting into a long-winded discussion about time horizons and how democracy is anathema to freedom, elections only serve to soften the electorate to the excesses and abuses of state agents, and they allow otherwise impotent sociopaths a surefire path to abuse and violence.\n\nI appreciate the discussion and your civility, but your blind faith in state government is appalling.  You want a group of people to rule other people because people can't be trusted to operate on their own.  Nevermind that these are also people, and subject to the same base desires; give them the reins of power!  They're immune to their own moral failings!  How can you not see how ridiculous that sounds?\n\nTo paraphrase a quote: anarchism is no guarantee that people won't rape, kill, or steal.  State government is a guarantee that some people will.",
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      "author": "timaj",
      "body": "I'm getting the feeling we're probably not going to come to any sort of conclusion to this to be honest matey, it's been good debating with you, but i'll probably call it a day here. \n\nFirstly though, I think we'd probably best not get into the gun thing to deeply, but you really don't have to look much further than gun crime statistics to realise that allowing the free sale of guns does exacerbates gun crime (go figure...). Gun deaths per head in the US are 5 - 10 times higher than every other major developed economy in the world. Wouldn't have thought it takes much more explaining but I will do for your sake. I never said gun regulations gets rid of all guns (talk about your straw men huh?) but when people have to smuggle them in illegally via the black market, the costs of acquiring them skyrocket. This is what makes the difference between teenage/young adult street gangs having deadly fire arms and not. you seem to have interest in economics, what happens to quantity and price when supply is squeezed (or , god forbid, the market is *regulated* ?..... It also makes up a considerable amount of the difference in firearm homicide rates between the UK and US (they're 0.2 and 10.2 respectively) \n\nI'll make a bit of a summary here to finish up overall. Basically... I know you're not some super rich corporate lobbyist who's peddling neoliberal propaganda just to increase your profits... I get that you genuinely believe that what you're arguing for is the best way to improve the justice system in the US. I have patience for your belief that people are fallible, whether they work for the state or work for the private sector. But to think that economic competition and the *holy invisible hand* are going to fix that problem is just naive, frankly. \n\nIf you want to see what the free market does for society, take a look at what multinational corporations are doing in their supply chains in the developing world, free from the regulation of individual states. The result is great for us consumers in the west (cheap clothes , cheap food, cheap coffee etc, etc). Do you know businesses boomed with globalisation since the 1990s? Its because of economic pressure, (a point you've made very well), but not to the end increasing quality of service. It happened because of the relentless pressure to cut costs in developing country sweatshops, plantations and farms. All of the involved countries and suppliers compete for contracts from western companies, which leads to a race to the bottom on regulation. This translates to lower wages, no guarantee of pay, no maternity leave, no guarantee of holidays, no guarantee of any working hours at all, no guarantee of breaks, no guarantee of adequate safety equipment, no healthcare scheme, no pensions schemes. All in all? Shit, unsafe, deadly working conditions. Walmart wants a sale on bananas? Who do you think sees their profit margins drop to pay for it? Not Walmart, thats for sure.  \n\nSo to link back to your proposal... this is what I mean. When you have a system that driven by profit, profit is the only consideration.... In the free market, profit reigns supreme. Consumers are protected, everyone else can go stuff themselves. Your private security firms would treat their consumers well, they'd quite happily beat the fuck out of anyone else if there was a profit to be made from it. No notion of 'good' 'right', or 'just' would be considered. Yes, these are dubious terms, i know, but we can try. States are incentivized to try, via mass voting - there is 0 incentive for private firms to try , if doing so doesn't (as if often the case) coincide with profit maximisation. \n\nThat's my position, I hope you've enjoyed discussing this with me.  Cheers.",
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      "body": "Are you kidding me?  Rail networks and energy grids were created by private companies first prior to them being nationalized.  I never said monopolies don't happen absent the state, so you can take that strawman and torch it.  What I did say, however, is that they are unsustainable and will not last, because the costs associated with maintaining *an actual monopoly* are astronomical and continue to increase over time.  Every regulation passed on an industry increases the costs to enter said industry, which reduces competition.  Less competition = more market share for existing firms that can bear the brunt of those costs.  There's no way you can argue against this; regulations increase costs, and increased costs put a downward pressure on new firms entering the marketplace, which reduces competition.",
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      "author": "anarcho-andrei",
      "body": "So, in other words, people need to be coerced into doing the right thing because they can't be trusted to do the right thing on their own.  And this coercion must be carried out by... _**drum roll**_ *other fallible people*.  Guns are a thing.  To pretend that you could not only remove every gun from society but prevent any future instances of guns being produced is laughably absurd.  Second, economic pressure - ostracism, sanctions, and retribution, among others - have a strong downward pressure on preventing bad actions.  For the same reason businesses tend not to harm their customers because they want repeat business, people tend not to act like utter shit or harm others if there are consequences to their actions.  Those consequences would be amplified and more numerous absent a state, increasing the opportunity costs of being a shitbag or a violent person.\n\nAnd as for police and commissioners being punished for their misdeeds?  Please.  As I said before, **there is no justice when the arbitrator is party to the dispute.**  Justice is incidental in the current system; they punish themselves only when they can't get away with it.  Police forces have vastly less liability than a security company, and they engage in far more abuses of private property and persons than a security company could by virtue of their territorial monopoly.  Again, if a security company violates its contract, they're done.  Fired.  If they do it enough times, no one will hire them.  When's the last time a police department was fired?",
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      "author": "timaj",
      "body": "Forgive me if i'm wrong, but is it not the case that the interest rate you receive from putting your money in a bank account is basically your share of the profit that they make from investing it?\n\nOther than that, i agree with the sentiment - if you have time and enough capital, invest it yourself. If not, put it in the bank and they'll invest it for you, and take some of the proceeds  - you'll get a smaller return but considering you did literally none of the work, seems like quite a good deal to me. :)",
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      "body": "I don't understand the point you're making here. Security guards and police forces both have liability. If either go around breaking laws or company rules, they get fired, they go to prison (thats assuming that your neoliberal utopia has prisons).  \n\nIf the a police commissioner presided over officers breaking the law, the officers and the commissioner get be replaced.\n\nTo go back to your original anecdote, I want to make two points. Firstly, the police officer wouldn't have shot her if, as is the case in the UK, he didn't have a gun. Secondly, if he shot her in an instant, without really thinking about it, I really doubt the presence of 'economic pressure' would have stopped him - its not as if that hallowed and sublime invisible hand would have descended from heaven to whip the gun from his hand. You want less gun crime? Get rid of the guns - for citizens as well as police. Your proposed solution of giving loads of people guns and factioning those people into separate private enterprises will only lead to violence.",
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      "author": "timaj",
      "body": "Monopolies most certainly are natural. There are many essential industries in which private companies are never the first to operate because the initial fixed costs are too high. No private company has ever created a rail network or a national grid. Any situation in which supply is sparse and a company has control over resources through exclusive supplier agreements, intellectual property rights etc. Monopolies are natural, and states have to intervene to stop them from forming. For example, here in the UK the government recently had to block a merger between O2 and Three because the result would be that one economic entity would controll too great a share of the market.",
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      "author": "anarcho-andrei",
      "body": "Monopolies are not natural.  There are only two ways that monopolies form in a free market.  Either the firm is the first on the scene (first-comer advantage) or they are the only firm in a given area providing a product or service.  Monopolies are prohibitively expensive to maintain for any significant period of time - unless you control all the guns or know the guy who does (government).  Absent a state, a would-be monopolist would have to continually expend vast sums of resources to buy out competitors or operate at continual losses to try to run them out of business.  Regulations on industries are numerous and all over the place, so I'm not sure what state regulations you're talking about.  There are tens of thousands of regulations in the US federal ledger alone covering almost every conceivable kind of market transaction, and every year more are added.\n\nI never said the current system doesn't work.  It does, and I said as much; the state providing security proves it can be done.  It's vastly inferior to a private solution and unethical for the reasons I mentioned, without even mentioning the economic calculation problem.",
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      "body": "What are you talking about?  Liability limits what they can do.  I realize things are a little bit different in Canada, but economic pressures exist regardless of where you are.  When the security guards and the company are the only ones bearing the cost of bad actions and mistakes, those security companies have to be much more mindful of what they do.  To use a different example to illustrate the idea: how discerning are you when you buy a car with your money?  When you know that its your money paying for something and you're responsible for all the negative externalities from your decision, are you more discerning about what you choose to do?  Or less?  How much more frugal are you when your resources are limited?",
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      "author": "steemitboard",
      "body": "Congratulations @timaj! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/voted.png)](http://steemitboard.com/@timaj) Award for the number of upvotes received\n\nClick on any badge to view your own Board of Honor on SteemitBoard.\nFor more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)\n\nIf you no longer want to receive notifications, reply to this comment with the word `STOP`\n\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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      "author": "timaj",
      "body": "I'm only commenting to say that I didn't read your article. Ignorance is Bliss. (and delicious) ;)",
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      "author": "timaj",
      "body": "@@ -292,19 +292,34 @@\n rks \n-to a degree\n+(by and large at least ;))\n . %0A%0A\n",
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      "body": "\"Do individuals bidding on a plot of land or a house try to kill each other off?\"\n\nNo, but we have a police force to ensure that this wouldn't be a profitable course of action - thats the whole point of a state police force. lol so thanks for validating my belief that the currents system works to a degree. \n\nOne of your key arguments is that you don't like having a monopoly on power. But if we had private security and no state to guarantee our protection, monopolies in the industry would form anyway. This is natural and inherent in the free market. Furthermore, since state regulation of the free market has receded with the rise of neoliberalism in the US and EU over the last 30(ish) years, we've seen MORE monopolists forming. If we \n had no state to stop an economic entities from becoming too powerful, democracy would crumble. Plutocracy would take over - as every aspect of our lives, including our own safety in determined by those who can afford to pay.",
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      "author": "timaj",
      "body": "There are strict limits to what those private security firms in apartments can do. They can't, for example burst into someones private flat without good cause (thank god). Without a monopoly on power, those rights are not guaranteed by anyone. He who controls the security guard's pay check, controls what they're allowed to do. I'd rather it be democratically elected politicians, who can be ousted from power,  instead of the richest person on the block",
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{
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      "author": "timaj",
      "body": "Thanks!",
      "json_metadata": "{\"tags\":[\"funny\"],\"app\":\"steemit/0.1\"}",
      "parent_author": "jwolf",
      "parent_permlink": "re-timaj-steemit-in-a-nutshell-20170723t100321453z",
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{
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    {
      "author": "jwolf",
      "body": "*Lol, that's funny  & true!*\n\n**Upvoted!**",
      "json_metadata": "{\"tags\":[\"funny\"],\"app\":\"steemit/0.1\"}",
      "parent_author": "timaj",
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      "body": "![meme.png](https://steemitimages.com/DQmbJfRSYMtzJvLCSDTzv8AdkBajVTUNk1sQ4rkpJcPWTmx/meme.png)",
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      "author": "steemitboard",
      "body": "Congratulations @timaj! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/comments.png)](http://steemitboard.com/@timaj) Award for the number of comments\n\nClick on any badge to view your own Board of Honor on SteemitBoard.\nFor more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)\n\nIf you no longer want to receive notifications, reply to this comment with the word `STOP`\n\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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      "author": "anarcho-andrei",
      "body": "That's right.  They also extort people for victimless, so-called crimes.  They violate and damage persons and property, many times without cause or justification.\n\nHow would you be at the mercy of a private security company hired to protect the property and persons of those they're under contract with?  I think you're misconstruing what private security means.",
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{
  "block": 13912484,
  "op": [
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    {
      "author": "timaj",
      "body": "Yeah i feel like i dont have enough experience or knowledge in coding to make any 'prude' investments. Though i dont mind spraying a bit of cash on some riskier currencies on he off chance they explode in 3 years time",
      "json_metadata": "{\"tags\":[\"cryptocurrency\"],\"app\":\"steemit/0.1\"}",
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      "author": "aaravm",
      "body": "New Followers get 0.01 SBD$ and on one upvote get an upvote for free!! Just follow and upvote post @aaravm",
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      "author": "alanfreestone",
      "body": "Depends on your goals, attitude to risk, your resources etc. If you ONLY have £200 & don't plan on adding more, then I'd stick it in ETH. There are LOTS of currencies & tokens that will make x100, but many more that will crash & burn. BTC & ETH seem the least risky in a very risky sector.",
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      "author": "anarcho-andrei",
      "body": "What do you mean by justice?  Have you ever lived in an apartment or community?  When I worked private security, I contracted with HOAs, apartment complexes, and business parks.  The cost of providing security was diffused among those actually using the service.",
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      "author": "timaj",
      "body": "Just gettting into crypto, I have £130 in bitcoin, any suggestions of how i should spread another £70 investment? Any cheap promising crypocurrencies? \n\n\nThanks for the help!",
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      "permlink": "crypto-investment-portfolio-help-needed",
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  "block": 13911520,
  "op": [
    "comment",
    {
      "author": "anarcho-andrei",
      "body": "What happens now when there's competing claims to property?  Do individuals bidding on a plot of land or a house try to kill each other off?  Do we regularly read reports of police preventing bloodshed over two people trying to buy the same car?  No, we don't.\n\nMoreover, you're ignoring all of the problems I mentioned in my article.  Justice is not blind or neutral with a state.  In point of fact, it can't be, because *the state arbitrates disputes to which it is a party.*",
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