You could probably have a similar effect with corporate police forces operating together through cooperative agreements (their protection included as a bonus for working with said company similar to insurance)
It’s a racket. Most people would be better off if they just saved the money they spend on insurance. But you can’t really know that up front which is the entire point. Instead the state should offer insurance as a public service without any kind of profit incentive. OR we could live in a society where it’s not required at all, but that’s a lot further off.
The whole premise the state could leave the market alone is so stupid
the state is what issues money, enforces contracts and so it controlls the legal framework of all banking, loans etc.
The state IS the game, everybody is just playing it.
Without the monopoly of force there is no confidence in contracts or debt and therefore money doesn’t work anymore
You could probably have a similar effect with corporate police forces operating together through cooperative agreements (their protection included as a bonus for working with said company similar to insurance)
Insurance is also fucking stupid, and should absolutely be a public service rather than for-profit private enterprise.
insurance should actually be insurance and not the silly nonsense that covers routine maintenance that it is now
It’s a racket. Most people would be better off if they just saved the money they spend on insurance. But you can’t really know that up front which is the entire point. Instead the state should offer insurance as a public service without any kind of profit incentive. OR we could live in a society where it’s not required at all, but that’s a lot further off.