Quote:
Originally Posted by kane
So then please explain to me how a private sector monetary system would work in this country that would be an improvement over what we have.
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If we're talking about currency, you legalize multiple currencies. Eventually the market will decide the winner.
For other things, think of it this way..
Who builds the roads, bridges, fights fires, protects us from bad people, ensures justice, etc..? These are all currently public functions paid for via taxes, but who ultimately carries out these actions? People.
In a voluntary society, people still exist and people still solve problems. It's solved through the free market. And please don't make the claim that the free market is what we have now, or is what caused the housing bubble. We don't have a free market and haven't had one for a long time.
Getting back on point, the free market would employ all of those same people, except in a competitive market environment; which is a better system, because competition creates innovation, better quality and better pricing for every budget.. whereas government sponsored monopolies funded by tax dollars don't have the threat of competition, thus lack that drive to succeed, as their success is ensured.