Exploring Truth, Markets, and Anarcho-Capitalism

The chapter delves into the concept of truth, fake news, and the role of the market in determining what is considered true. It discusses whether the market always dictates truth and argues for anarcho-capitalism as the best mechanism to achieve desired results. The comparison between government decisions and market failures is also explored, considering scenarios where governments could potentially outperform markets.

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This week on Upstream, Erik is joined by David Friedman for a deep dive on anarcho-capitalism, utilitarianism, and more. To get Brave: Head to https://brave.com/brave-ads/ and mention “MoZ” when signing up for a 25% discount on your first campaign.

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Timestamps:

(00:00) Intro

(00:46) The Friedman Family's Intellectual Lineage

(03:18) Market Failures and Government Intervention

(06:11) Privatizating Everything

(09:33) The Mechanics of Anarcho-Capitalism

(12:47) Why David Isn't a Utilitarianism

(16:33) Midroll: Brave | Turpentine

(18:19) David's Moral Framework

(23:36) Is Global Coordination Possible?

(30:46) Privatizing Military and National Defense

(32:54) Addressing Poverty in an Anarcho-Capitalist World