| >Now correct me if I'm wrong, but it seems you're suggesting that "externalities" are better handled by rulers No, they're suggesting that externalities are not handled well by entities that, by definition, have no incentive to care about them. But as it happens, yes I tend to think co-ordination problems are solved more effectively by a co-ordinator, rather than decentralised actors. You can call them "rulers" if you like, but then you'd be ignoring the concept of democracy. >you'd support voluntary co-operation Except you don't support "voluntary" anything, because you're talking about property rights. You know, a system where people are forced to follow particular rules about resource allocation, regardless of whether they agreed to follow them. As long as there is scarcity, there will inevitably be coercion in the distribution of resources. You can argue that a system of pure property rights minimises it, but please don't pretend that it magically avoids it. |
Entities like rulers, perhaps? You know "campaign contributions" are an euphemism for bribes, don't you?
When the people who you think are preventing externalities get bribed, they actually have an incentive to not care about them.
> You can call them "rulers" if you like, but then you'd be ignoring the concept of democracy.
What exactly am I ignoring? The idea that you can affect something by dropping a piece of paper into a box? That belief is extremely convenient for the people who are in no way bound by that act, you know?
> Except you don't support "voluntary" anything, because you're talking about property rights.
Do you sincerely think the main reason why people don't steal from others is that they'd be punished for it?
> As long as there is scarcity, there will inevitably be coercion in the distribution of resources.
That's probably true in the sense that someone somewhere will rob someone regardless, but.. if you actually have a problem with "coercion in the distribution of resources", then you just can't sanely support the idea of an organization that coerces potentially hundreds of millions of people in how their resources are "distributed".