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Where governments are weak there have been company towns, mafia like pseudo-governments, and much violence and exploitation. Corporations without oversight tend
by paulryanrogers 4y ago
Where governments are weak there have been company towns, mafia like pseudo-governments, and much violence and exploitation. Corporations without oversight tend toward these same traits. Regulatory capture is a sign of bad government, not that less oversight is always best.
Government is just a way to organize collective power and action against the forces in the world that would trample the weak. Some in power are corrupt, that doesn't mean the invisible hand of the market is the answer to magic away all ills.
It means we need responsive, representative, and well regulating government to maintain healthy and competitive markets. This government will need a monopoly on violence or else it becomes a war among the powerful with everyone else caught in the middle.
BTW I never said violence is best. Violence is unavoidable if disagreements cannot be solved by any other means. Rather my point is it should be monopolized under a government, not left to vigilantes and the whomever owns the most guns.