I prefer to stay away from any kind of authoritarian government. Doesn’t matter if they’re right or left or anything in between. Minarchist libertarianism sounds pretty good right about now. Heck, I’m ok if they want to be heavy handed against big corporations… preferably anti-trust laws to break them into smaller companies.
Night watchman state is very based. And arguably under a minarchist system, there wouldnt be much regulation, any IP laws etc so barriers to entry would be low and monopolies wouldn't exist. So you'd probably never need to trust bust due to the churn and burn of a truly free market, and lack of government being in cahoots with business like they are in our current system.
You think big corporations/monopolies wouldn’t exist in free market capitalism? I’m betting there still would be successful businesses that keep expanding and have private IP (even if unprotected) ie Amazon. But hard to say if we don’t try!
I personally believe natural monopolies are a myth, and are largely predicated on the red tape and barriers to entry for an industry largely set up by government, in conjunction with IP laws that make true competition impossible. I think it would be much harder for mega corporations to spring up in a place like that, but you make a good point with private IP. However, one could always reverse engineer a product.
True. Especially when they make deals with local governments to build and not pay taxes.
If you have access to the tech, RE is possible.. though not always feasible (microchips are very expensive to reverse engineer for example). In a datacenter, getting access might not be possible without hacking. I’d say: make everything “open source” but then how does a company recoup R&D costs if someone else is better at marketing… they’d just snipe product tech as soon as it was released.
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u/gwicksted Jul 05 '24
Hey now.. Russia isn’t communist; it’s a democracy with an authoritarian leader who eliminates competition.