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And, absent government regulation, market participants with the influence and wealth required will provide their own.
by rebuilder 7y ago
And, absent government regulation, market participants with the influence and wealth required will provide their own.
- edoceo 7y agoBasically government is the Biggest Company with a strong-arm division for enforcement of EULA.
- blotter_paper 7y agoThere's already a word for a company with a strong-arm division: gang. The government is the biggest gang -- claiming and enforcing a monopoly of violence in a particular geographic area is the defining feature of a government. If the Sinaloa cartel becomes more powerful than the Mexican government, it will become the Mexican government. It effectively already is in some municipalities: https://www.npr.org/2014/02/24/282123622/ruthless-mexican-drug-trafficker-was-a-robin-hood-in-home-state https://www.npr.org/2014/02/24/282123622/ruthless-mexican-dr... > Because of Guzman, she says, everything is under control — people don't steal, kidnap or extort here. And the partiers say he helped the poor, paved roads, gave people jobs — the list of good deeds goes on.