I think in the early stages of an anarchy we will see people
starting businesses that service one particular specific need. Over
time they will develop their mutual contractual inter-relationships,
turning into partnerships and then finally consolidating into large and
broad firms.
But before I get to the example, you need to keep in mind that you
and I are going to be significantly more wealthy than we are now. The
50-70% taken from us in taxes would now be retained. In addition
we'd now also have an additional increase in wealth proportional to
what is currently lost to the economic hidden costs of state's
activities. For example, taxes which used to be taken from you are now
used by you to generate more wealth for yourself which when it was not
available to you you were unable to do. And other people are using
their returned wealth to generate more wealth for themselves which
touches and affects your wealth too increasing your wealth even more.
And with the discontinuation of the use of dysfunctional state programs
the services are now being done more efficiently, faster and at higher
quality which also touches you increasing your overall wealth even
more. It's quite staggering when you begin to think about it.
Tess:So I'd love to hear other people's answers to
this sort of 'what would you pay for?' question. Then I can imagine how
the interaction of the free market might play out
Instead of jumping to a huge complex agency like a DRO, lets make the example at an earlier stage.
For
me, I know one thing that I will want to hire a company to handle are issues arising with relation to my personal vehicle. Because all the roads
are owned by individuals I can predict that some will let me use their
roads for free (in order to draw tourism etc) while others will be
asking for tolls, proofs of driving competency, proof of insurance
and/or bonds should I damage their property, proofs of pollution emission
levels, etc. It stands to reason that the higher the quality of these
things I provide the cheaper the toll they may charge me. This is a lot
of clutter and details that I don't want to deal with since my time is
important to me.
So I will be hunting around for a company that
handles as much of these areas as I can find since I have to check out
their history and reputation and read all the small print each time.
The less I have to do of that the better.
I have created a
demand. I am willing to pay for these things. A lot of people are going
to want to accept my money to provide what I'm asking for.
I find
a company that looks pretty good. They ask that I take a driving test
done either by themselves or an outside company and provide me a list
of companies they have contractual agreements with and from which they
will accept test results as well as offering me discounts should I
use them. I am told I am free to be tested elsewhere but that creates
more work for them and will be charged more to cover that. I am also
informed the better I do on the driving competency test the lower rates
they will be able to offer me. So now have a real desire to do the best
job on the testing that I am able. Fine.
I am also told my rates could be significantly lower depending on the results of a tox test if I so consent.
Perhaps the results come back and show I sometimes smoke
vegetables. I'm informed the rates will be slightly higher but that
overall my coverage costs are now much lower after having been tested. Great!
What are they offering
me you ask? They provide their customers a sticker for their bumper or window
along with documentation, contact card and a toll card. They have built
up a bit of a reputation and many of the toll roads (especially the local) will recognize, honor and
accept their certifications and toll cards. Great that's what I was
looking for. Now I can get those lower toll rates and instead of having to carry money and coins with me
all the time I can flash this card and it is all taken
care of for me. I am told also that I will often be receiving a
discount when using the toll card since it simplifies things for everyone
involved.
I may have to go somewhere else for my accident
bond/insurance coverage proofs. I may have to go elsewhere again for my
road-side assistance.
But all this hunting takes time and energy
so I have a desire to find all this at a one-stop-shop company. And
these guys know this and will have a continual pressure to provide it as a
result. As company reputations build and they begin to
co-contractualize I can expect these companies to gobble and absorb
each other becoming larger interconnected services. Eventually I will be
able to perhaps just look for one DRO, read just their small print,
research just their reputation and history and then I'm done and all this stuff will be done. There's a Ease to Risk ratio here and the happy medium will be found.
The free market is a marvel.
Six Echo: What's god?
Supervisor: Well, you know when you want something really bad and you close your eyes and wish for it? God's the guy that ignores you.