An example of someone taking ownership of their own security? If so, the most basic form would be carrying a firearm for defense instead of relying on police. If you want an example with more of a link to the market, how about a illicit drug dealer who protects their person and property?
Edit: Upon reflection, it seems that the existence of any black market proves the point.
If you think the black market doesn’t have a central authority, you’re looking through rose tinted glasses. Whoever has the most money and the most guns at their disposal is the authority. The black market is actually a perfect example of where capitalist market economics lead without regulation.
Hold up, I thought we were talking about the state running things? Of course everything has a central authority; this includes unions, churches, and corporations. Though, we certainly don’t need the state for a black market to run its business. However, I guess it wouldn’t really be a black market if there wasn’t a state to declare things illegal 🤔.
I absolutely agree with your second half though. The black market is a perfect capitalist example, and I believe it is an inevitable response to state authoritarianism.
Hold up, I thought we were talking about the state running things?
Why?
Of course everything has a central authority; this includes unions, churches, and corporations.
What do you mean, “of course”?
Though, we certainly don’t need the state for a black market to run its business.
If there weren’t a state, it would just be a “market”, not a black market. And as I said, black markets are controlled by the most wealthy and powerful in that market. They are the de facto state of the black market.
However, I guess it wouldn’t really be a black market if there wasn’t a state to declare things illegal 🤔.
Exactly, yes.
I absolutely agree with your second half though. The black market is a perfect capitalist example, and I believe it is an inevitable response to state authoritarianism
If you consider regulation authoritarian, sure. Or if you’re referring to the outlawing of drugs, I somewhat agree. Weapons trading is grey at best, though.
Can you show an example?
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An example of someone taking ownership of their own security? If so, the most basic form would be carrying a firearm for defense instead of relying on police. If you want an example with more of a link to the market, how about a illicit drug dealer who protects their person and property?
Edit: Upon reflection, it seems that the existence of any black market proves the point.
If you think the black market doesn’t have a central authority, you’re looking through rose tinted glasses. Whoever has the most money and the most guns at their disposal is the authority. The black market is actually a perfect example of where capitalist market economics lead without regulation.
Hold up, I thought we were talking about the state running things? Of course everything has a central authority; this includes unions, churches, and corporations. Though, we certainly don’t need the state for a black market to run its business. However, I guess it wouldn’t really be a black market if there wasn’t a state to declare things illegal 🤔.
I absolutely agree with your second half though. The black market is a perfect capitalist example, and I believe it is an inevitable response to state authoritarianism.
Why?
What do you mean, “of course”?
If there weren’t a state, it would just be a “market”, not a black market. And as I said, black markets are controlled by the most wealthy and powerful in that market. They are the de facto state of the black market.
Exactly, yes.
If you consider regulation authoritarian, sure. Or if you’re referring to the outlawing of drugs, I somewhat agree. Weapons trading is grey at best, though.