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Does laissez-faire involve tax financed institutions such as a monopoly on violence to uphold a commonly decided rule of law, or would even such institutions be
by CuriousSkeptic 7y ago
Does laissez-faire involve tax financed institutions such as a monopoly on violence to uphold a commonly decided rule of law, or would even such institutions be determined by the market? More to the point, who even decides the definition of “property” in a laissez-faire economy?