Libertarian: markets produce the best outcomes Problem: multipolar traps (see http://slatestarcodex.com/2014/07/30/meditations-o …... ) (1/2)
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Obviously we can talk about the next level of multipolar traps in international relations, but those aren't as large as the internal ones.
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You get the fundamental problem right (problem of cooperation, aka generalized prisoner's dilemma), but that's not a solution.
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A patchwork of states is not a market. The market depends on the state to enforce laws. No state, no market.
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I can agree re market of govts, but at least with options and competition the overall trend should be toward better governments
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Ah, the problem is one of "capture." That is, governments appoint themselves arbiters of what is good and bad.
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I agree that govts get captured by special interests, but that is impossible to avoid.
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Yeah. The NRx hack amounts to, "Okay, what if the special interest that captured govt was the interest of the nation?"
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It won't be, but if the elites are enlightened and have a long-term perspective, it will be a closer approximation.
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