What’s the difference between MARKET FASCISM and the Status Quo?
There are two differences:
1) Since markets regulated by natural law are the only POSSIBLE means of preserving sovereignty, and voluntary cooperation free of parasitism, then any attempt to perpetuate an alternative is an act of attempted fraud.
So the difference is that under Market Fascism, there is no tolerance for criticism of the sovereign market order just as no tolerance for cannibalism, murder, theft, fraud, and conspiracy. Becuase tolerance for such crimes itself a crime. You may only propose exchanges.
You can use the court to pursue an involuntary imposition of costs that violates natural law. But you may not propose an imposition of costs that violates natural law.
In other words, you must constrain yourself to function within the markets in word and deed.
2) Since you must fully account for the consequences of any action, the externalities produced by your action must not privatize the commons or socialize your losses. This means that you must be more careful in profiting from the ignorance of your fellow citizen shareholders.
In other words your opportunity to profit from arbitrage is limited.
These are simple, but far reaching demands.
3 responses to “More on Market Fascism”
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so when you say criticism of the market being a crime what is to keep powerful selfish others who rise to power from using that to stifle criticism of the evil that they do? is it that the law of reciprocity will prevent them from rising? or is the crime of criticism to be punished like untruthful speech? with civil suits.
Lawsuits. In other words, gossip is not ok. If a crime has been committed punish it. There is however no possible criticism of markets when it is markets that we seek to produce.