Difference between revisions of "The Machinery of Freedom/animated lecture"

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==Claims==
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==Index==
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* The term "liberalism" was stolen by the enemies of liberalism; modern libertarians are the true liberals.
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* [https://www.youtube.com/watch?v=jTYkdEU_B4o The Machinery Of Freedom: Illustrated summary]: the video
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* Libertarianism (formerly called liberalism) is the philosophy that supports [[small government]] and [[free market]]s.
 
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* Libertarianism holds that the function of government is to do a few things that can't be done by individuals associating voluntarily in private markets:
 
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** police
 
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** courts
 
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** national defense
 
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* [[Anti-governmentism/private is better|Where the same thing can be done either by government or privately, private is always better.]]
 
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* The basic functions of government can be handled privately:
 
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** '''police''' (enforcing laws)
 
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*** individuals hire private firms (rights enforcement agencies - REAs) to protect their rights and settle their disputes with other individual
 
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**** objection (DF): conflict between REAs
 
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***** response: violence is expensive -- REAs are not likely to use it to settle conflicts because in the long term it's a losing proposition with uneven results -- so REAs will agree to arbitration.
 
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****** objection (W): What if an REA is unreasonable?
 
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****** objection (DF,W): What if two REAs can't agree on an arbiter? (e.g. what if one REA's customers prefer a death penalty, while another REA's customers are opposed?)
 
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******* DF responds with an argument that has something to do with raising prices in response to demand and/or buying the acquiescence of the other and/or its customers. This doesn't really answer the question.
 
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** '''courts''' (making laws)
 
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*** REAs hire arbitration agencies (AAs) to settle their disputes with other REAs
 
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**** objection (DF): who enforces the AA-mediated agreements between REAs?
 
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***** response: the [[discipline of constant dealings]]
 
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****** objection: ...which requires a highly stable, non-transient society
 
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** <s>national defense</s> (not covered)
 
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* It's okay for different sets of people/entities to operate under different sets of rules, because:
 
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** any rules applicable to any given interaction can be worked out and agreed to non-coercively via this method
 
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** rules will be more closely tailored to the needs of the people ruled by them
 
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* Rules created by private negotiation will be better than those produced by government because {{l/sub|private is better|anti-governmentism}}.
 
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* Private markets produce better products than socialist systems do -- "we expect markets to produce better cars than socialist systems".
 
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** Objection: it's not clear what definition of "socialism" he's using here.
 
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*** Europe (especially Sweden) is often called "socialist", but they produce pretty good cars.
 
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==Pages==
 
 
* [[/transcription]]: a complete transcription of the lecture in the video
 
* [[/transcription]]: a complete transcription of the lecture in the video
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==Links==
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* [[/claims]]: listing and analysis of the arguments made in the lecture
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* [https://www.youtube.com/watch?v=jTYkdEU_B4o The Machinery Of Freedom: Illustrated summary]: the video
 

Latest revision as of 18:09, 23 May 2015

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