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

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(Created page with "==Pages== * /transcription: a complete transcription of the lecture in the video ==Links== * [https://www.youtube.com/watch?v=jTYkdEU_B4o The Machinery Of Freedom: Illustr...")
 
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==Claims==
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* The term "liberalism" was stolen by the enemies of liberalism; modern libertarians are the true liberals.
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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.
 
==Pages==
 
==Pages==
 
* [[/transcription]]: a complete transcription of the lecture in the video
 
* [[/transcription]]: a complete transcription of the lecture in the video
 
==Links==
 
==Links==
 
* [https://www.youtube.com/watch?v=jTYkdEU_B4o The Machinery Of Freedom: Illustrated summary]: the video
 
* [https://www.youtube.com/watch?v=jTYkdEU_B4o The Machinery Of Freedom: Illustrated summary]: the video

Revision as of 03:37, 23 December 2014

Claims

  • The term "liberalism" was stolen by the enemies of liberalism; modern libertarians are the true liberals.
  • Libertarianism (formerly called liberalism) is the philosophy that supports small government and free markets.
  • 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:
    • police
    • courts
    • national defense
  • Where the same thing can be done either by government or privately, private is always better.
  • The basic functions of government can be handled privately:
    • police (enforcing laws)
      • individuals hire private firms (rights enforcement agencies - REAs) to protect their rights and settle their disputes with other individual
        • objection (DF): conflict between REAs
          • 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.
            • objection (W): What if an REA is unreasonable?
            • 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?)
              • 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.
    • courts (making laws)
      • REAs hire arbitration agencies (AAs) to settle their disputes with other REAs
        • objection (DF): who enforces the AA-mediated agreements between REAs?
    • national defense (not covered)
  • It's okay for different sets of people/entities to operate under different sets of rules, because:
    • any rules applicable to any given interaction can be worked out and agreed to non-coercively via this method
    • rules will be more closely tailored to the needs of the people ruled by them
  • Rules created by private negotiation will be better than those produced by government because private is better.
  • Private markets produce better products than socialist systems do -- "we expect markets to produce better cars than socialist systems".
    • Objection: it's not clear what definition of "socialism" he's using here.
      • Europe (especially Sweden) is often called "socialist", but they produce pretty good cars.

Pages

Links