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A marketized law and order system would not solve any of the current problems with corruption. Perhaps you have heard the term "hired gun" or "mercenary". As always, the flow of money would still allow corruption, and those with money and no scruples would influence the law to protect themselves. For the mots part, that article was tldr, but I skipped down to find his discussion of this free market law, it's...mediation! The only enforcing mechanism for mediation I know is the backing of law. Also, I, as a matter of principle, will attempt at all costs not to pre-sign anything that required binding arbitration requiring me to give up my right to seek redress in court. It is my understanding the entity that goes through these 'pay for courts' the most form relationships with the mediators/arbitrators and have a much higher chance of winning cases. Also, the forced mediation is a remedy suggested by the courts themselves, so I don't really think that's the market version. Many companies already attempt to require binding arbitration, which is what empirically appears to be the preferred form of 'marketized law'. So far in the real world, it appears to be heavily weighted against the rights of individuals seeking redress against wealthy corporations. Also, it is always backed up by the force of law, not just good will. That said, there are times when I might enter into binding arbitration, but not unless I have decided it's better for me than the courts, I don't care to have the companies I do business with deciding that for me. |
The first half of the article addresses the fact that it is impossible for the law to be objective. This is an extremely interesting idea in my opinion so I would encourage onlookers to check it out even if you are solidly convinced that free market law could never work. It's a bit hard to summarize the article so don't accept qdog's TL;DR at face value without reading it yourself.
My TL;DR, quoting from the article's conclusion: "The fact is that there is no such thing as a government of law and not people. The law is an amalgam of contradictory rules and counter-rules expressed in inherently vague language that can yield a legitimate legal argument for any desired conclusion. For this reason, as long as the law remains a state monopoly, it will always reflect the political ideology of those invested with decisionmaking power. Like it or not, we are faced with only two choices. We can continue the ideological power struggle for control of the law in which the group that gains dominance is empowered to impose its will on the rest of society, or we can end the monopoly."