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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Recommended Podcast: Company Breakdowns
Each episode of Company Breakdowns dives into S-1s and series B-and-beyond companies, interviewing founders and investors to break down the companies. First episode is on Rubrik - which just IPO'd. Coming up this season: Databricks, Reddit + more,
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Autopilot explores the adoption and rollout of AI in the industries that drive the economy and the dynamic founders bringing rapid change to slow-moving industries. From law, to hardware, to aviation, Will Summerlin interviews founders backed by Benchmark, Greylock, and more to learn how they're automating at the frontiers in entrenched industries.
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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
(35:40) Competitive Dictatorship
(40:54) Historical Precedents for Private Law
(42:31) The Inefficiency of Governments
(44:06) Coordination under Decentralization vs Centralization & Surveillance Capitalism
(55:07) Law & Punishment under Anarcho-Capitalism
(58:28) The Problems with Restorative Justice
(01:07:31) Addressing Common Criticisms of Market Systems
(01:14:41) Exploring the Moral Case for Economic Growth
(01:16:26) Existential Risks from Global Warming, AI, Nanotech, and Biotech
(01:18:49) The Market's Short-Term vs. Long-Term Dilemma
(01:20:13) Utilitarian Thought Experiment
(01:22:03) Income Sharing Agreements
(01:26:20) Equality of Opportunity vs. Outcome
(01:30:15) Why Do We Care about Equality?
(01:47:40) Anarcho-Capitalism and Crypto
(01:51:04) David's Legacy
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LINKS:
David's Website: http://www.daviddfriedman.com/
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X / TWITTER:
https://twitter.com/eriktorenberg (Erik)
https://twitter.com/Upstream__Pod (Upstream)
https://twitter.com/TurpentineMedia (Turpentine)
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Upstream is a production from Turpentine
Producer: Sam Kaufman
Editor: Eul Jose Lacierda
For guest or sponsorship inquiries please contact Sam@turpentine.co
"Upstream" with Erik Torenberg