#3 (arguments)

Question 1

objection to soc-anarchism

Answer 1

problem w/ community security force, w/ educating people to be less crime prone

Question 2

problem w/ community security force

Answer 2

who will protect us from the security forces? why wont this just recreate the problem of government

Question 3

problem w/ educating people to be less crime prone

Answer 3

capitalism has a better answer to crime- explains what motivates people the act (selfishness)
- socialist appeal is that less crime comes with less poverty, more justice, more love, etc…
problem: speculative, little evidence

Question 4

3 valuable functions of capitalists

Answer 4

• risk acceptance- have higher risk tolerance
• delayed gratification- forgot consumption to invest and save
• resource allocation- evaluate business ideas and decide on best allocation of resources

Question 5

problem w/ welfare programs

Answer 5

welfare leads to lower wages which increases the workers interest to leave for capitalist businesses. the most productive workers are more likely to leave and the socialist community will eventually collapse

Question 6

problem w/ equal pay

Answer 6

coops will be outcompeted by capitalist businesses
- can’t hire most productive workers by offering more money
- people prefer capitalism because it ultimately pays better

Question 7

problem w/ workers selling shares

Answer 7

• can profit from selling ownership stakes
• in the workers interest to allow themselves to sell shares- coop would eventually dissolve