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If there are 5 wells and an owner of 1 well poisons 4 of them, they are able to charge more for the remaining clean water, and possibly acquire money for a comm
by visualradio 5y ago
If there are 5 wells and an owner of 1 well poisons 4 of them, they are able to charge more for the remaining clean water, and possibly acquire money for a commodity which was previously available for free, by increasing scarcity. In a private government concerned only with maximization of income of its owners or investors such pathological outcomes are possible. In the U.S. idea of a republic it is usually thought there should be a public government concerned with the maximization of happiness of residents, something which many libertarians or anarcho-capitalists do not agree with.
- unishark 5y agoIn page 60 or so the document talks about how to impose laws and security without a govt. There's also a section on non-government approaches to make polluters pay. Presumably the owner of the well would end up much poorer for their actions than when they started.
- BurningFrog 5y agoDestroying other people's property is bad, yes.