Voluntary cooperation is robust, multiply-protected, and loss-limiting, and brings healthy deflation. A government regulator makes a system fragile, fraught with a single point of failure, and loss-compounding, and brings sickening inflation.
Donald Trump and his unity team members Robert Kennedy and Elon Musk promise to limit cronyism and slash waste.
Both approaches deny that state-government and national-government administrative states are themselves peak cronyism. If government people stop hosting business-crony socialists but still host activist-crony socialists, that’s still tyranny. Also, it’s unconstitutional.Thomas J. DiLorenzoBuy New $11.57(as of 10:36 UTC – Details)
The only adequate approaches are to fully executively close and legislatively repeal.
When there are no government regulators, that doesn’t mean that there’s a vacuum. Instead, people naturally take care of themselves and one another.
Voluntary Cooperation Increases Safety and Quality
Many people take advantage of the considerable information they have available and use it to make the choices that they expect to be the best for them. In doing so, they self-regulate.
Their choices affect others, creating a network of interactions. In this network, people’s interactions with others regulate the others.
So then when people are free, they increase safety and quality by taking decentralized, interdependent actions:
- Product raters compete to find and play up even small advantages and disadvantages.
- Media people spread bad news very quickly.
- Customers stop buying harmful products very quickly.
- Retailers and distributors stop carrying harmful products.
- Civil complainants can eliminate product lines and companies.
- Insurers work to prevent and limit losses.
- Producers anticipate problems and prevent them.
The resulting system is robust and resilient, and the people in it select naturally for improved performance. This is why freeing people to take care of themselves in the Dutch Republic, England, and the USA enabled people to create dramatic gains in how much value they added, bringing modern material comforts to the world.
Hellbound and Down 