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IPFS News Link • Political Theory

What Will Free the Free Market?

•, By George F. Smith

Carried out, it finally amounts to this, which also I believe — "That government is best which governs not at all"; and when men are prepared for it, that will be the kind of government which they will have.

— Henry David Thoreau, Civil Disobedience

"The disappearance of a sense of responsibility is the most far-reaching consequence of submission to authority. . . . [Obedience] is the dispositional cement that binds men to systems of authority." — Stanley Milgram, social psychologist, Obedience to Authority: An Experimental View.

A recent issue of the Tom Woods Letter offered its subscribers at no cost a digital copy of his 2022 book National Divorce: The Peaceful Solution to Irreconcilable Differences.  In his letter Woods mentioned how a sizable portion of Biden supporters believed violence was justified in keeping Republicans from the levers of power, while a nearly equal percentage of Trump supporters felt justified using violence to stop Biden.

Each side views the other as either incorrigibly wrong or evil.  How do you reconcile these groups?  Follow Lincoln's solution and let them slaughter one another?  Get the CIA to give Trump the JFK treatment?  Trump supporters are looking to the election of 2024 as their salvation while being fully aware that their opponent might either rig it again or call it off — or worse.  But if it should proceed as scheduled what happens to the losers come 2025?  Will they organize peacefully for the next election?   Will they grudgingly go along with whatever the winners inflict? This is why Woods wants us to consider a national divorce.

1 Comments in Response to

Comment by PureTrust
Entered on:

The free market IS free. In any competition, there is always a winner. Consider a game of chess. The winner is the one who is smarter and better prepared. Same with the free market. Some people simply are better organizers and sales people than other people. If the regulators of the market can't regulate in freedom, it isn't a free market. If they lie and somebody is harmed, sue them for the harm and damage they did through their regulating. But at least become wise enough so that you don't fall for their use of their freedom traps. You have that freedom in the free market. And so do they. Don't become hypocritical by trying to take their freedom away when you freely agreed to use what they offered.

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