"Let me put this in terms that even the most ideological libertarians can understand. Say you think there should be precisely one regulation that governments should enforce: honoring contracts. For the government to serve as referee in that game, it must have the power to compel the players to honor their contracts. Which means that the smallest government you can have is determined by the largest corporation you're willing to permit."
Holy crap, that's good!
@pnystrom @pluralistic An ideological libertarian replies: The size of corporations is determined by the economies of scale created in part by the costs of regulatory compliance, as well as artificial scarcities.
@pluralistic@mamot.fr @pnystrom@universeodon.com That's something I'll have to think about...
@pnystrom @pluralistic But what if your government doesn't honour contracts itself?
@pnystrom @pluralistic As a long-time libertarian (small L), I’ve long been of the opinion that the creation of corporations is another thing the state should not do. Corporate personhood, including limited liability and the ability to enter contracts, is an abomination created by governments to the detriment of free people.