The "What is Money?" Show cover image

A Theory of Socialism and Capitalism | The Stephan Kinsella Series | Episode 1 (WiM207)

The "What is Money?" Show

00:00

How Arbitration Would Emerge Overtime

This willingness to go to the the community s sense of justice, would tend to start being part of an expected norm. So you could see that some one who always just ignores the legal system, he goes off and enforces his own judgments on his own,. people are going to regard him as not a very co operative ad risky. And i think he's going to pay a price. He'll be ostracized. He won't be able to get insurance easily. But yes, in that topic, we've got my tick on it. We're talking about how law can incrimentally change overtime - because as peop learn more things, and as we have more and more decisions

Play episode from 55:11
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app