Saturday, July 18, 2015

Why does capital not deserve moral respect? Because all property is theft!

I imagine many readers (actually, I don't have many readers) being offended by my attitude toward debt in my axiom "Default Early and Often!"

These angry readers may say things like: People should be responsible!  People shouldn't sponge off of others!  Etc!  Essentially taking moral outrage at bankruptcy.

They're making it too hard.  There is no reason to believe that following the rules of Capital (i.e. Property…and as now constituted not including slaves in-the-traditional-sense) represents morality or immorality.

It fundamentally can't because the origin of property itself is theft!  Original land property, and many other kinds, was simply taken from the commons.  It's continued existence and trading is the continuation of an original crime.  It is not cleansed of immorality by successive generations who may have actually "contributed" to the general welfare in the process of earning their share.  Stolen property is stolen property regardless of whether you paid good money for it.  Furthermore the biggest share has always gone, all along, to the biggest crooks, liers, and slavers.  The notion that we're supposed to have moral respect for this, who owns what and can therefore tell us what to do in order to survive, is positively laughable.

Now if you want an easy life, or even a tolerable life, going along is the way to get along.  Living in the context of an original and continuing Grand Theft of Everything it's most often easiest to follow the rules, and be square with the devil of who owns what and how much.

But when you have the clear opportunity, and nothing to lose except your fake sense of morality…

It doesn't take them more than a second to discharge one fraction of their their debt to society, through limited liability or other legal means, bribery, or other means, or even to acknowledge it exists.  And these are the ones we ultimately obey as rent is paid to the original theft.

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