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by cmurf 3626 days ago
I think this is pure free markets are the only moral structure, coercion is immoral, etc. ideology. I do not find it compelling because adherents' apply the "coercion is wrong" absolutely when it comes to governments enforcing it through fines, but deny economic coercion applies when e.g a bank charges overdraft or late fees no matter how ludicrous.

There is a suggestion that ultimately a bank doesn't put you in jail, where governments can do that if you continue to not pay fines. But increasingly governments take unpaid fines from income tax refunds or other mechanisms for collection rather than consider outstanding fines a criminal offense rather than civil.

2 comments

> deny economic coercion applies when e.g a bank charges overdraft or late fees no matter how ludicrous.

That would depend entirely on whether the bank and its customer had agreed upon it before hand or not, wouldn't you say?

Also most free market adherents opposed to government coercion forget that contractual obligations are only enforceable through government coercion (unless they would like to go back to the time of private armies).