> Every few decades, libertarians need to be reminded why regulations exist. No more than repeat offenders remind you of why Gulags exist. In your mind the hyp

> Every few decades, libertarians need to be reminded why regulations exist. No more than repeat offenders remind you of why Gulags exist. In your mind the hypothetical libertarian just doesn't want any regulation because he forgets that regulations have any good impact. It's simply tone deaf. > In the end you may end up with something very much looking like a government, where people with connections and leverage in the governing structures get to decide the evolution of the rules, where a few players with disproportionate wealth or hashing power, help elect those people to committee positions. And once again, people will be looking to create systems to escape the defacto control and cronyism imposed on the system. There are 'good governments' and 'bad governments'. The rich and powerful try to game the system in both of them but there are much more effective in bad govts than in good govts. So the question is, what separates a society which ends up with good governments (for example western societies) than societies which end up with bad governments (pretty much all the non-western societies). This is precisely where the argument breaks down. According to libertarians, there is a reason X (whatever that might be) which separates good from bad governments. According to libertarians, that reason is 'economic freedom', the places where good govt exists, there is economic freedom, and places with bad government lacks economic freedom (even dictatorship like Singapore, UAE, or ex-dictatorships like S Korea are far better off than their non-economic free counterparts). You may disagree what the cause 'X' is (according to alt-right that cause X is genetic-cultural environment, as places with good govt tend to be white westerners and places with bad govt tend to be non-white non-westerners). But a plain denial of differences between good govts and bad govts is insane.