Replying to Avatar Mike Brock

It’s still all normative. Nothing you said changes my point in the slightest.
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( -_-) 2y ago

Not really, banks are using the entity will the monopoly on violence to implicitly break the debt contracts they entered into - that's fraud

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Mike Brock 2y ago

Yes, the state has a monopoly on the legitimate use of violence. The point of this is to create dispute resolutions that do not require everyone resort to physical violence.

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( -_-) 2y ago

Saying that, in this case bank bailouts, are a legitimate use of state power is also a normative statement. And I disagree that it's legitimate.

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Mike Brock 2y ago

The whole concept of “legitimate” is normative, by definition.

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( -_-) 2y ago

I don't even know what we're talking about anymore