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there are multiple economies: dollars, political status, social status, personal happiness etc. people often trade benefits in one for benefits in another. my
by nazgulnarsil 17y ago
there are multiple economies: dollars, political status, social status, personal happiness etc. people often trade benefits in one for benefits in another. myself and other free market advocates tend to think things should be worked out in dollars (explicit contracts) because it is the most transparent. but we can't lose sight of the fact that everything is a means to an end. that end being personal welfare followed by overall welfare.
I agree with almost everything that anarcho-capitalists say...but many of them don't seem to realize that under such a diaspora many (most) people will continue to live within semi-coercive organizations, because not everyone has the same preference for personal freedoms that they do. so yes, some will actively choose decreased economic output in favor of other things that they desire.