No, Robot Overlords Will Not Take Over Robert P. Murphy
As excellently argued in The Voluntary City: Choice, Community, and Civil Society (2009), a voluntary society will not rely purely on for-profit organizations. Fans of the free market shoot themselves in the foot if they lead critics to believe that there will be no role for fraternal orders, charities, foundations, or religious entities in a laissez-faire world. On the contrary, without paternalistic mandates and payment schemes from a coercive state, society would need such voluntary but non-commercial operations. Yet these institutions would still be embedded in the larger nexus of property rights and money prices, and they would still need to respond to the values of their paying (contributing) customers.
Oct-18-2016, 10:25:30 GMT
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