blackshoe, on 2013-April-28, 22:51, said:
You say that the last phrase, I assume you mean "only enough regulation to protect property rights", is vital. I am far from sure I know what the last phrase means. You seem to think that it would require a factory owner to "repair the harm, as best he can". I am not seeing the syllogism here. The factory was his property, he did with it as he saw fit, it collapsed and killed some people. His property rights are protected by saying tough luck to those who were killed. I am not at all saying such an approach is desirable, but it seems to be the way to protect his property rights.The pepole that got killed? They were on his property. Tough.
I am not very ideologically oriented, neither left, right nor otherwise. Mostly I find ideological statements are pretty much like Biblical statements. They mean whatever the speaker wishes them to mean and when circumstances change the meaning will change as well. The result is that the ideology is always correct, with maybe just an adjustment or two or three in the meaning. Who can be against property rights? What am I, a commie or something? But what does the phrase mean? There's the rub.