Block, Walter E. Block
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Mid-Libertarianism: A Critique Block, Walter E. Block
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 1 No. 1 (2022): Critical Realism: Paradigm Shifts
Publisher : University of Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (807.673 KB) | DOI: 10.21111/jocrise.v1i1.5

Abstract

Mid-libertarianism is the new kid on the libertarian block. Torpman (2021) is critical of what he calls “classical libertarianism” and attempts to improve it with the introduction of his new perspective, “mid-libertarianism.” The present paper maintains that the good, old-time philosophy of plain libertarianism is invulnerable to his criticisms of it, that his “mid-libertarianism” has problems of its own, and thus there is no reason to substitute the one for the other.
THE ECONOMIC ERRORS OF DR. MARTIN LUTHER KING Jr. Block, Walter E. Block; Iglesias, David R.
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 2 No. 1 (2023): JOCRISE: NEW PARADIGM PERSPECTIVES IN CRITICAL REALISM
Publisher : University of Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v2i1.47

Abstract

Martin Luther King Jr. was — and still is — one of the most powerful symbols in U.S. history. His message of anti-racism along with the exposing of government corruption are just part of the impact he made on the American people. While these are the more noble and respectable of his works, there exist other areas in which Dr. King erred in his judgement. The topic to which this paper will be devoted to will be the erroneous beliefs that Dr. King advocated regarding the failures of capitalism and the push for a more democratic socialist type of economic system. It is important that readers of this work not subject themselves to the fallacy of argumentum ad verecundium — the mistake of assuming that because Dr. King was an expert in one area (civil rights), he is therefore an expert in another (economics).
Environmentalism, Libertarianism, and Privat Property Rights Block, Walter E. Block
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 2 No. 02 (2024): Unity Paradigm Of Mesoscience
Publisher : University of Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v2i02.55

Abstract

In the view of most commentators, academic and otherwise, “free market environmentalism” is a veritable contradiction in terms. It is widely thought that to the extent that one favors protecting the environment, or, even, studying it, to that extent one must reject free enterprise and private property rights. The only scholars who wish to save the fauna and flora, ensure that we do not trash the planet, must eschew such right-wing considerations and pretty much embrace the polar opposite viewpoint. In the extreme, free market environmentalism is not only a logical contradiction, it reeks of fascism, profiteering, and destruction of this our third rock from the sun. Shahar does not at all fit this bill. Although a critic of free enterprise environmentalism, he treats this viewpoint sympathetically. He does not give it the back of his hand in derision. You will look in vain for contempt in his rejection of this philosophy. Rather, his critique is a careful, cautious, knowledgeable treatment of this perspective. All the more reason that his criticisms be examined critically, since in my view, the best last chance of saving the environment lies in exactly the direction opposite to the one he avers.
The Moral Case to Pay Male Athletes More than Female Athletes Block, Walter E. Block; W. McGee, Robert
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 2 No. 04 (2024): Values and Future of Concepts And Application of Critical Realism
Publisher : University of Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v2i04.68

Abstract

Professional female athletes have long and bitterly complained that their compensation seriously lags behind that awarded to their male counterparts, and that this situation is unjust. The problem with this argument is that it is based on the labor theory of value, a long-discredited theory that bases worth on inputs rather than outputs. The authors propose a market-based approach whereby male and female athletes are compensated based on what they add to the bottom line. The $24 million dollar lawsuit settlement awarded to the U.S. women’s national soccer (football) team on the basis of discrimination is analyzed from the perspective of economic theory and justice and found to be defective. The arguments used to obtain that settlement are being used in other sports and in other countries to obtain equal pay for women. If this defective line of reasoning is successful, the result will be to actually harm both men’s and women’s sports.
Nozick on Geographical Regulations: A Critique Block, Walter E. Block
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 3 No. 02 (2025): UNITY STRUCTURE OF LEGO-WORLD
Publisher : University of Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v3i02.78

Abstract

Nozick claims that under free enterprise, it would be possible for a malevolent very rich person to buy up land surrounding his enemy, and not allow outside of this barrier, and to prevent anyone else travelling within it. Thus, this target would be cut off from all trade and interaction with anyone else. In effect, this would constitute legalized murder. The logical implication of this critique of laissez faire capitalism, this “market failure” would be that the government ought to pass a law preventing this type of encirclement.