-- On 25 Oct 2001, at 0:00, Sampo Syreeni wrote:
A bare one objection to comprehensive market based security: a market needs private property, and other civil rights, in order to function efficiently, as predicted. Protection is what guarantees those rights. If you place protection on the market, you no longer have a guarantee that the market itself can function as originally intended.
On Thu, 25 Oct 2001 jamesd@echeque.com wrote:
And if we place food on the market, we no longer have a guarantee that anyone will be able to eat :-)
On 26 Oct 2001, at 0:18, Sampo Syreeni wrote:
Of course. The point is, the market can work perfectly well in the absence of sufficient nutrition for all of the participants.
But the market, unlike those wise benevolent folk who consider themselves morally superior to the market, DOES provide sufficient nutrition for all the participants, whereas whenever the wise and good have set themselves in charge of providing nutrition for all, or X for all, they have usually failed no matter what the value of X. --digsig James A. Donald 6YeGpsZR+nOTh/cGwvITnSR3TdzclVpR0+pr3YYQdkG uzxAd0pvJ5PX1jXw2p1edtML+I4VCxipiT4j/VrF 4V36lFs1xXlyoMvT6s5LYzy9iPrB3N+ruHLpuZfID