lbo-talk-digest V1 #1979

[Lisa & Ian Murray]

>>Here is a place wherein libertarian property rights are upheld *in the
face of* contradiction, and the conspicous suffering and death caused by
such policies.  Here's a place wherein it is quite obvious that the
invisible hand doctrine is so obviously bullshit.

Ta ta
Beth Goldstein

Beth,

What's invisible about it?  The state intervened self-abnegatingly to deny
itself of residual claimancy rights on knowledge it had produced.  So much
of the legal rhetoric of the invisible hand with regard to property rights
is in fact the state [our two/one party system] divesting itself of rights
to benefit from knowledge and technical innovation it has produced; Keynes'
"socialization of investment". This technology transfer rip-off has been
going on in droves since the Bayh-Dole act and needs to be reversed asap.
Here is another example of the need for lefties of all stripes to go and
reread Robert Hale and Morris Cohen on the relations of state, property,
coercion and consent in economic transactions.

One possible direction is http://www.law.indiana.edu/glsj/vol6/no1/aoki.html

ian