In other words, enforced by an overarching party, regardless how you imagine the enforcement taking place.
And there are many situations where a collective 'reputation' system isn't an appropriate tool - such as when a party has the resources for self-sufficiency (or simply considers the reputation drop 'worth' it), or no contract is being undertaken in the first place. You essentially ignored the tragedy of the commons. >And< the sale of the market.
I want to thank you for your response, but with all due respect, this sounds like exactly the dogmatic handwaving I was referring to. Perhaps things aren't being explained to me in a way I am able to understand? Aside from the fact that a governing body is a government, exactly how does a reputation system prevent the tragedy of the commons? How does it prevent the sale of the market - ie - it's own co-option?
Again, with all due respect, I can't help feeling that libertarianism is inherently short-sighted and hypocritical political view, driven more by cognitive dissonance and the effect of desire on perception inherent to human psychology. I very open to being disabused of this perception, if someone can address the two issues I have brought up.
You simply can't have, and also not have, a government, no matter how enforcement is performed.
I'd love to chat with you at more length if you're interested.
I'm not sure I understand your two objections as I can't see an example of how the free market with its reliance on private property fails to address the tragedy of the commons.
Why does this stuff sound myopic and hypocritical to you? And where is the cognitive dissonance? If you could exemplify I'd appreciate it as I'm curious to understand your point of view now.
I can tell you I see a lot more cognitive dissonance in Yellen's saying that she will raise interest rates but never doing it, than I see in Praxeology's acceptance that incentives steer human motivation.
And there are many situations where a collective 'reputation' system isn't an appropriate tool - such as when a party has the resources for self-sufficiency (or simply considers the reputation drop 'worth' it), or no contract is being undertaken in the first place. You essentially ignored the tragedy of the commons. >And< the sale of the market.
I want to thank you for your response, but with all due respect, this sounds like exactly the dogmatic handwaving I was referring to. Perhaps things aren't being explained to me in a way I am able to understand? Aside from the fact that a governing body is a government, exactly how does a reputation system prevent the tragedy of the commons? How does it prevent the sale of the market - ie - it's own co-option?
Again, with all due respect, I can't help feeling that libertarianism is inherently short-sighted and hypocritical political view, driven more by cognitive dissonance and the effect of desire on perception inherent to human psychology. I very open to being disabused of this perception, if someone can address the two issues I have brought up.
You simply can't have, and also not have, a government, no matter how enforcement is performed.