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Sovereignty in the 21st Century | The Balaji Series | Episode 1 (WiM115)
The "What is Money?" Show
Is the State the Best System?
There are situations that you're aluding to here that the market cannot provide for, are they? I talked to winsten the other day about this. He was talking about situations of market failure,. Maybe i'm just over overweighted in libertarianism, but i don't know a lot about market failure. That seems like a place where the state would be especially relevant or valuable. Are there certain circumstances that come to mind immediately? Wr, where markets aren't satisfactory and the state is preferred, sure.
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