[geekbeast]

The ability of an entity or entities to cause damage beyond their ability to compensate people for their aggression is not addressed either. For example the Bhopal gas tragedy or Anaconda Mining Corporation's superfund site ( luckily their purchaser agreed to assume majority of clean up costs, but there are things that cannot be cleaned up ). Other examples include Chernobyl and Fukushima, which were not aggressive acts until accidents rendered hundreds of sq miles unlivable.

A potential solution is to force actors to pay a risk premium, but humans are notoriously bad at accurately pricing risk for rare events with outsized negative costs. Administering any solution requires such high levels of coordination and enforcement that ( as the author says ) you end reinventing government.