what do Mises-style libertarians have to say about this? Absent the State's police, UAL would just have its own "security". https://twitter.com/_grendan/status/851821872895455232 …
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Replying to @cemerick
United will pay for mistreating its customers. Its shares dropped already. All private entities are accountable. Unlike "public" monopolies.
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Replying to @fare
Loss of market value is faaar from proportional IMO, and provides no redress for the injured.
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Put another way, "accountable to 3rd party shareholders" isn't any kind of meaningful accountability.
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Replying to @cemerick
Accountability = those who made wrong decisions will lose their jobs and/or stakes. The very opposite of bureaucracy and politics.
2:59 AM - 13 Apr 2017
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