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Has your proposed scenario been tried in practise either? Saying "they would bankrupt themselves" is just supposition with no timeframe - in the meantime everyo
by jamespo 14y ago
Has your proposed scenario been tried in practise either? Saying "they would bankrupt themselves" is just supposition with no timeframe - in the meantime everyone suffers.
- zanny 14y agoPeople are not absolutely predictable, for one, so no one can say what would happen with certainty. I can say what I think would happen. And that is because without the violence to protect them, they are nigh powerless to control the entire electromagnetic spectrum emissions range that can safely transmit signals. In the meantime, right now 300 million plus people are suffering under an artificially controlled market for a resource that has no inherent scarcity. They are crushed by the very rent seekers this article speaks of on goods they can't truly possess without the violence of law to protect their interests, and they are given artificial advantage to abuse the regulations giving them the power to extort others.