• SneakyThunder@sh.itjust.works
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    1 year ago

    Markets are nothing more than voluntary association. Most, if not every “obscenely rich” person got this rich because of govt interference (lobbying, govt sanctioned monopoly, corporate welfare, subsidies, etc.)

    “Organic” market economy would be beneficial to everyone

    • irmoz@reddthat.com
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      1 year ago

      Sorry, but a market requires a state to protect it. How else are we gonna make sure no one steals our shit?

          • AlDente@sh.itjust.works
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            1 year ago

            That’s nice, but the claim was that a market cannot exist without a state. It clearly can. Nobody needs to outsource their security. I’m not sure what efficiency has to do with this.

              • AlDente@sh.itjust.works
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                1 year ago

                An example of someone taking ownership of their own security? If so, the most basic form would be carrying a firearm for defense instead of relying on police. If you want an example with more of a link to the market, how about a illicit drug dealer who protects their person and property?

                Edit: Upon reflection, it seems that the existence of any black market proves the point.

                • irmoz@reddthat.com
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                  1 year ago

                  If you think the black market doesn’t have a central authority, you’re looking through rose tinted glasses. Whoever has the most money and the most guns at their disposal is the authority. The black market is actually a perfect example of where capitalist market economics lead without regulation.

                  • AlDente@sh.itjust.works
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                    1 year ago

                    Hold up, I thought we were talking about the state running things? Of course everything has a central authority; this includes unions, churches, and corporations. Though, we certainly don’t need the state for a black market to run its business. However, I guess it wouldn’t really be a black market if there wasn’t a state to declare things illegal 🤔.

                    I absolutely agree with your second half though. The black market is a perfect capitalist example, and I believe it is an inevitable response to state authoritarianism.