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Libertarianism is based in the “Philosophy of Liberty,” the notion that each individual is owner of his or her own life, past, present and future. This flash video of the same title, created by Kerry Pearson, a.k.a. “Lux Lucre,” has gone viral, featured on innumerable Libertarian and free market Websites. The filmmaker, Pearson, was renowned for his ability to explain the complexities of topics through the use of flash videos. Pearson died from complications from diabetes at age 41 leaving behind a body of work supporting freethinking, including right to personal property.
The animated film was developed from the prologue of Ken Schoolland’s The Adventures of Jonathan Gullible: Global Fun With the Dismal Science, a children’s book on economics, government intervention, and free markets that has been published in 45 languages and is used in many schools. Schoolland is an Associate Professor of Economics at Hawaii Pacific University, president of the International Society for Individual Liberty, and a Sam Walton Fellow for Students in Free Enterprise.
The video begins with the principle of self-ownership.
The video goes on to establish the individual’s existence in relationship to time, explaining that every person exists in the past, the present and the future. The future is one’s life, the present is one’s liberty, and the past is represented by the products of one’s life and liberty.
The key to the Philosophy of Liberty:
The right of property ownership is a key ingredient of individual liberty. The ability to freely use your individual property and exchange it, voluntarily, with other individuals, thus gaining something of value from the transaction, is the grist that feeds the mill of freedom.
There are times, however, when a person or group of persons attempt to take property from individuals by force or fraud. When force or fraud is used to confiscate property, it is called theft. Society requires that officials such as legislators and police be selected to help protect against illegal confiscation.
Unfortunately, in the real world, elected leaders, who are after all only human, are often vulnerable to greed and a thirst for power, which can to the theft or confiscation of private property from those being governed. U.S. Congressman Ron Paul, known for his Libertarian ideals, has repeatedly talked about the ill effects of government out of control. As Paul stated in a 2011 NPR interview:
Paul’s comments mirror the Philosophy of Liberty and its reverence for the concept of private property as a cornerstone of its ideas:
After years of taxpayer-funded cleanup efforts, footprint of the groundwater contamination under the Hanford Site has been reduced from 80 square miles to 65 square miles.
Switching out the conductors was an engineering challenge in itself. The ends of the building were knocked out, and a huge crane was used to move the silver elements, which were then run through a mechanical sheer to cut them into manageable sizes.
One in five recent graduates work in jobs that don’t require degrees at all.
Thanks to inflation, the banking sector since 1970 has grown from 4% of the economy to more than 10%. That’s why governments go on printing money, or more correctly, currency, “even though they’re in a hyperinflation situation.”
When immigrants come, they largely complement our talents; they don’t substitute for us. It frees American labor to do things that American labor is better suited to do. As a result we become more productive, and they become more productive.
On a standard 1/20 gram Aurum®, the gold is 267 nm thick, approximately half of one percent the width of a human hair.
Like all governments that spend (and lend) beyond their means, the governments of Germany, France and Britain are putting their future wage-earning, taxpaying citizens on the hook.
China's central bank became a big buyer of gold, banned the export of domestically produced gold, and initiated steps to trade directly with other nations without benefit of the dollar.
Mainstream media has for decades been undergoing consolidation to where television stations, print publications, metropolitan daily newspapers, book publishers, and online media sites become closer to singularity
Check out the commentary and charts using the tabs below the video.
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