Replying to Avatar Habanero

The primary role of modern governments is to act as insurance: social security, unemployment insurance, welfare, ect. These are the collective pools of capital ($) that individuals pay into. As unproductive illegals make claims on benefits that they did not contribute to; they overload and crash the system. It's basically the Cloward - Piven strategy.
Avatar
jimbocoin 🃏 2y ago

If people want to buy insurance, they should be free to do so. If people want not to buy insurance, they should be free to abstain. Insurance companies ought to compete for customers based on services and costs.

The State is that entity which funds its operations by coercing the labor of its subjects. It is not necessary for an insurance provider to also hold a territorial monopoly on violence.

Reply to this note

Please Login to reply.

Discussion

Avatar
Habanero 2y ago

I'm not going to disagree with you. This book is probably the best descriptor of transitioning to a private insurance model: https://mises.org/library/private-production-defense