Final-Fan said:
The way I see it, you're conflating two different things: not being constrained in your actual transactions (i.e. you are not stolen from or forced to buy/sell), and not being constrained in your potential transactions (i.e. you are allowed to buy/sell whatever you want). The vulture, if you think about it, is constraining the potential transactions of every other buyer in the local market, and this is somehow less of a violation of the principle than constraining the potential transactions of John Mexico and the people who happen to want to trade with him? |
Yes, I should add that in the OP.
Libertarians look at an *instance* - and determine the valuation based on that.
-The vulture and the sellers both consented on the vulture purchasing those items, when that transaction happened. Yes, perhaps, other people also wanted to make a purchase - however, the seller preferred to sell all his stock immediately to the vulture.
-Once the transaction is done, we enter a new *instance* - the property is now the vulture's. So it becomes natural that a transaction with the hurricane victims is only legitimate if the vulture consents of it. Because it's *his* property to give, not that of the sellers.
This is in contrast to the case of Johnny Mexico, who would be willing to give *his* service/other property to outsiders, who would be equally willing to give him *their* services/property in return - however, Donald is preventing that transaction, even if both property holders would like to make it.
Bet with PeH:
I win if Arms sells over 700 000 units worldwide by the end of 2017.
Bet with WagnerPaiva:
I win if Emmanuel Macron wins the french presidential election May 7th 2017.