Dejavu
8th November 2009, 16:27
As many of you know , I used to be an ancap until I diversified my views more and could not get over some of my serious contentions with ancap, not least of which , private law. ( I tend to favor more collective law)
I'd like to pose this question regarding private law ( mind you I know all the conventional arguments but I'm looking for creativity):
Why would I , as a business man, want to deal with all the competing laws?
I mean this , if I want to invest into a huge project , why would I not be demotivated to take the risk of jeopardizing my property because I have to have a knowledge of what every potential law agency has as regards property and security?
It seems that the desire for micro-private law hampers the smoothness of the free market and actually works against ancaps. People generally feel more comfortable in the market dealing with a large customer base that all contractually adheres to the same standard of ethics (i.e. property rights).
It seems to me that micro-private law competition would tend to encourage people to do business with only those belonging to their law firm.
I believe a voluntary body of collective decision making ( such as a town council or some sort) which 'monopolizes' ethical law across , at least a locality, is not inherently statist so long as agreements are explicit ( contractual). I think multi-scattered private law would tend to evolve into more common law anyway because it seems that in these conditions a free market would function the best.
Thoughts? Opinions?
I'd like to pose this question regarding private law ( mind you I know all the conventional arguments but I'm looking for creativity):
Why would I , as a business man, want to deal with all the competing laws?
I mean this , if I want to invest into a huge project , why would I not be demotivated to take the risk of jeopardizing my property because I have to have a knowledge of what every potential law agency has as regards property and security?
It seems that the desire for micro-private law hampers the smoothness of the free market and actually works against ancaps. People generally feel more comfortable in the market dealing with a large customer base that all contractually adheres to the same standard of ethics (i.e. property rights).
It seems to me that micro-private law competition would tend to encourage people to do business with only those belonging to their law firm.
I believe a voluntary body of collective decision making ( such as a town council or some sort) which 'monopolizes' ethical law across , at least a locality, is not inherently statist so long as agreements are explicit ( contractual). I think multi-scattered private law would tend to evolve into more common law anyway because it seems that in these conditions a free market would function the best.
Thoughts? Opinions?