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7 sats \ 1 reply \ @Rothbardian_fanatic 6 Apr \ on: Is futarchy better or less corrupt than other forms of government? Politics_And_Law
Do you think futarchy has been with us for a very long time in the free-market economy? Every person’s desires are input into the economy through purchases of their highest priority needs. Those inputs of buying products are summed across the whole economy in the edifice of prices and the price level for each and every product. If this is the case, why would we need a hierarchy of IT experts to run the Delphi network? Then we would have the very same problems of trust of the experts that we have today in the state.
Undoubtedly there are problems within the operation of the state, but without a state mechanism would things be better? I suggest definitely not.
Has a free market economy ever existed in a pure form ever?
Again I would suggest not ,at least to any degree of complexity or sophistication - the inherent contradiction in the concept of free markets is that people organise into groups in order to advance their security, property 'rights' and access to resources and this organised group structure (called government) inevitably intervenes in the operation of markets- sometimes in good ways, sometimes in less desirable ways, but via the mechanism of government markets are inevitably affected, and the presence of government is more or less a prerequisite to any degree of economic functioning beyond the most simple form.
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