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Tao Of Freedom's avatar

Yes, even in substantially democratic nations wherein the "will of the people" manifests via the four critical pillars namely of: free and fair elections, electoral integrity, freedom of speech, without the violation of a prevailing constitution, the outcomes seem to deny the voters!

The Banking Industrial Complex (BIC), for want of another name to identify this amorphous leviathan, prevails and suffocates the uplifting disruptive competition of the free market.

(To think that a recent Nobel prize for economics was awarded to three or so economists, or whatever they are, who have studied the otherwise obvious phenomenon of disruptive competition of the free market, if one exists, is an indictment of faculties of economics world wide ... a child in kindergarten would expect a genuine free market to be in a perpetual state of disruptive competition, a market state that the elite generally detest as their cheese gets continuously moved ... and then they have to keep applying their minds to keep up or face loss of social capital and their invitations to the caviar and champagne events).

In a genuine free society, the ultimate natural democracy by the way, the essential imperative for a free market to exist requires your innovative Harm Consent Rule, the HCR, Trevor, coupled to the Nature of Us, the NoU, to prevail over anti-free market forces like the BIC.

(For the NoU see: https://thetaooffreedom.substack.com/p/the-nature-of-us-nou?utm_source=publication-search).

HCR + NoU is the otherwise nebulous Non Aggression Principle, the NAP, realised concretely.

No harm without consent and only harm with consent!

This would deal not only with mafias extorting their "protection" taxes alla the Sicilians, the Calabresi, the Neopolitans, and the taxi mafias in South Africa, or the formal versions like those of the BICs reigning supreme in the West, but also with what economists erroneously call "market failures" like being subjected to passive smoking or inhalation of asbestos fibres at levels far higher than they would otherwise naturally occur.

These so called "market failures" would actually be the failure of a night watchman government if one existed not enforcing laws of tort.

But certainly the failure of faculties of economics world wide to understand this.

Both Hayek and Milton Friedman missed this, but Ayn Rand did not albeit her "Nature of Man" is limited and skewed in one direction only ... egoism.

If you go to a pub that allows smoking you consent to harm.

However, if your neighbour sets up an asbestos manufacturing plant next door, unless you consented to him spewing asbestos fibres over your property at levels higher than they would otherwise be naturally occurring and natural selection enabled you to handle it, then that is a violation of the HCR, you did not consent to harm ... unless of course you signed the ToS for their products and services.

Ayn Rand's solution in the laws of tort apply even if she had not quite fully figured it out, despite her unquestionable brilliance.

The BICs use the cover of the myth of "market failures" to justify their incremental enslavement of individuals.

They use the cover of feigned "utilitarianism" to justify their existence.

If they cannot invoke a government to act violently against disruptive competitors via legislation and regulations enforced by the police and the courts, then their cheese will in time be moved and their status as the best of God's Gifts to human kind eroded ...

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Tim Bester's avatar

A useful analytic tool is to place individualism as an opposite force to institutionalism. Institutionalism consists of NGOS, Quangos, lobbyists, religions and any other form of communal power grouping.

Race, gender, culture, economic and political power groups have all become pawns for power. Government is where they derive their pornographic satisfaction.

As an individual, I shun any form of collective membership.

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