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Originally Posted by yaaarrrgg  If a minarchist like Ayn Rand were here, she'd probably say that there's no objective way to determine whether an economic transation is fair or unfair. IOW, if two parties consent to a trade, then both benefit, and a bystander has no right to interfere. |
Except that people get backed into a corner and have no choices. And companies don't take advantage of those who are well off; they take advantage of those who can't defend themselves, who couldn't even afford a retainer if they wanted to sue. That's what bothers me, and it's what gives the lie to the "free market" myth.
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Although I think, if one goes this far, why not just have full blown anarchy? Economic power and political power are two abstractions of the same thing. I'm not sure one can really distinguish the two except in theory. Even in the U.S. it's pretty easy to convert one form of currency into the other.
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Yep. Yet we put you in jail for using physical force, and congratulate you for your cleverness for using financial force.
