I do agree to an extent. Anarcho capitalism is perhaps more of a theoretical idea rather than a practical social structure. And it is not possible to uphold the NAP in an absolute sense – it is inevitable to cause aggression in some ways, through e.g. pollution or whatever. And private ownership of natural resources is, let’s say tricky.
I am not an anarcho capitalist myself, but I believe society and interactions should be voluntary. But it is difficult to find a practical social structure where that is possible. I am actually rather pessimistic about people tbh, and our track record shows how bad we are at getting along and leaving people be.
Pollution is why I mentioned p2p prediction markets! It’s an externalities problem, and any market-based solution to externalities requires the Coase Theorem - which in turn requires extremely low transaction costs.
Basically I think we should all buy climate insurance, and those insurers will have a strong incentive to pay for defense from polluters. But that sort of market will step on a few toes and needs to resist censorship. And it needs to be very very low friction.
I do agree to an extent. Anarcho capitalism is perhaps more of a theoretical idea rather than a practical social structure. And it is not possible to uphold the NAP in an absolute sense – it is inevitable to cause aggression in some ways, through e.g. pollution or whatever. And private ownership of natural resources is, let’s say tricky.
I am not an anarcho capitalist myself, but I believe society and interactions should be voluntary. But it is difficult to find a practical social structure where that is possible. I am actually rather pessimistic about people tbh, and our track record shows how bad we are at getting along and leaving people be.
(If you’ll forgive me going on a tangent…)
Pollution is why I mentioned p2p prediction markets! It’s an externalities problem, and any market-based solution to externalities requires the Coase Theorem - which in turn requires extremely low transaction costs.
Basically I think we should all buy climate insurance, and those insurers will have a strong incentive to pay for defense from polluters. But that sort of market will step on a few toes and needs to resist censorship. And it needs to be very very low friction.