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Spin Zone / Re: Do all governments devolve into fascist authoritarianism?
« on: April 18, 2022, 03:03:53 PM »
A free market economy like ours trends toward monopolies as economies of scale cause small businesses to gobble each other up until they become one large black hole which is allied with the political class.
Of course we are presently very far from a free market economy. It is quite mixed.
The point about evolution is a good one. I think the only way to prevent such capture is strong limitations on government power. But as the history of the US shows, that may not so much prevent as merely slow down.
I rather like Rothbard’s ideas about competing organizations to provide use of defensive force. Without a geographic monopoly, people can then switch defense providers if one gets out of control.
Of course this raises other potential problems. Personally I don’t think we have enough experience and data at the low end of the violence in society scale to really know if such geographic monopolies are the best way to go or not. Essentially that is the classic minarchism vs anarchy debate.
What I am fairly certain of is that our current Federal government is at least 10X too large and is a creeping monster destructive of our freedoms.