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This is almost a non-sensical statement as the state injects itself into every market and is by definition unavoidable. You could argue that the state subsidize
by nunyabuizness 11y ago
This is almost a non-sensical statement as the state injects itself into every market and is by definition unavoidable. You could argue that the state subsidized Uber by handing a monopoly to the taxi industry, who's complacency created an opportunity for improvement. Doesn't mean government support is by any means required or necessary.
- nickbauman 11y agoStates are required in markets (as we understand them) fundamentally for protection over the transaction. History shows if you remove the state you end up with inter tribal economies where arbitrary homicide is a "valid" outcome of exchange (organized crime is a good predictor here). Not sure what you're advocating exactly though, so you could be right on different terms.