Sunday, February 11, 2024

Own Markets, not Markets

 https://freenortherner.com/2016/04/10/owned-markets/

The problem with free markets though, is that they are free. Libertarians and conservatives do not take their thoughts as fully forward as they should. We can privatize all the goods and services on the market, but that leaves one question, what of the market itself?

 Ironically this is, of course, Communism. Irresponsible.

 Trying to own the market as a whole is almost exactly like trying to personally own every individual house. Hello world conquest, I hadn't seen you in nearly twenty seconds. Net worth is a genetic trait and nobody has enough to pay for that much stuff, never mind the many many other issues, such as information/communication bandwidth.

 However, it is true that, for example, particular bazaars have a landlord. The stock market should be named after its owner, e.g. Herodotus' Stock Market.

 Despotism always has narcissistic traits. You stop your house from being a commons by putting a fence around it. You don't need anyone else's house. You stop a market from being a commons by putting a fence around it. What happens if you try to put a fence around the entire world? A boundary with everything in it isn't a boundary. The world is round, after all, you don't need to fence the edge to keep morons from falling off. (And shouldn't even if you could.) 

 With a fence around the market you yourself are using, then if you don't like how some other market operates, simply close the fence to that market. In particular, if they are using central-bank counterfeiting, your market should be closed to their money; stop them from using their money on anything of yours, including your own money. As always, the Amish demonstrate you don't need world conquest. You can do cheap security instead of trying step 1) buy everything. 

 If you put a fence around everything, anything you might want to keep out is already on the inside. Defeats the purpose of a fence. The link above is a wordcel way of proposing/enforcing a commons by arguing against tragic commons.

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