Self-Ownership Libertarianism

I accept. Full Topic: Self-Ownership based Libertarianism is a sufficient accounting of how governments ought to behave. Part 1 - Social Freedom and the Judicial System: As you stated, the judicial system would remain mostly unchanged. The courts are still open and the police force is still available. However, the lack of laws dictating how the populace acts grants an unprecedented level of freedom to the citizens of this nation. Want to have a gay marriage? Go ahead, none of my business. Want to drink non-pasteurized milk straight from the cow? Go ahead, none of my business. Want to have an abortion? Go ahead, none of my business (as long as I don't have to pay for it). Want to own a pet tiger and let it maul you? Go ahead, none of my business! If it doesn't harm me or anyone else personally, then whose right is it to say that you can't do it? That's why this is America, land of the free. While bad things might happen to stupid people who can't use the bathroom without government interference, this is a matter of personal responsibility. Responsible Americans will be benefited. Part 2 - Economic Freedom and the Free Market System: The economic system has no government involvement. This means that all wage standards are eliminated and that every bureaucratic group overseeing the numerous markets and regulating them are abolished. This will make up the bulk of my R1, because the economy is what is most affected in a self-ownership society. One might ask: "What will occur because of all this?" Well, it's a lot. Let's say that this the United States of America under a self-ownership libertarian society. Taxes would plummet, due to only requiring funding for police, military, and courts. The current total spending in these categories budgeted for 2014 across the USA is $1.12 Trillion, in comparison to $6.12 Trillion in total [1]. The government could then scrap all other taxes and enact a very minimal flat income tax of 10% to fund the necessities, giving the government a revenue of around $1.4 Trillion using US total personal income values from 2013 [2] and also gives the government a $280B surplus to chip away at the colossal debt left behind by previous administrations. This leads to Americans having more money, due to having less of their wages taxed by Uncle Sam, giving them more purchasing power. The American economy would flourish, due to the new levels of corporate competition and newly untaxed wealth. There are countless examples of this, but let's use utility services as an example (water, power, ect.) There would be no more government utility services, so new companies would spark up to meet the demands of the consumers. They would be competing for control of the markets, and these companies would be forced to become as efficient as possible in order to lower costs. Lower costs and more efficient business models improve the consumers' experience. Also, the launching of these new companies would open up so many job opportunities for the American public. This model of competition would come into play in many other industries previously restricted by government involvement. The deregulation of the healthcare industry would lead to companies competing across state borders, driving down costs and reducing inefficiencies. New products previously only sold on the black market such as hard drugs and non-civilian firearms would also have a demand, which creates companies trying to cash in, which creates new jobs and lowers the costs of these goods. Even companies in industries not constricted by the government would be affected. Having no corporate taxes would give corporations more leeway to cut costs without harming their profit margins. Also, there is a possibility that international companies based in more socialist countries (in comparison the new USA) like Japan and Germany would outsource their manufacturing plants to the States because of the lack of corporate taxes and the like. This too creates jobs for the American people. This does come with a negative. The millions of Americans who were once reliant on government assistance in the form of welfare are now left to their own devices to feed their families. However, with the millions of new jobs springing up due to the unrestricted free markets, almost all of these people will be able to seek and find employment. This is a tremendous positive impact on the American economy, and why I believe that Self-Ownership Libertarianism is a sustainable and practical system of government. Sources: [1] Total US Government Spending: http://www.usgovernmentspending.com... [2] Total US Personal Income: http://www.statista.com... My economics use a lot of reference to competition, so here's some links http://en.wikipedia.org...(economics) http://www.econlib.org... http://www.economicsonline.co.uk...