rothbardian
-
Posts
97 -
Joined
-
Last visited
Posts posted by rothbardian
-
-
11 hours ago, Belispeak said:
I feel that security will be the biggest issue in game. with many small security forces contracted to protect a certain player or small org, they will have difficulties banding together to protect against a large professional military entity. We need to make the marketplace as un-enticing for orgs to attack and control, how do we do that? If there are no market fees or transaction fees, and that is hardcoded into the marketplace the incentive drops considerably.
There is nothing wrong to apply market or transaction fees, it is like commissions paid to a broker in real life trading. But taxes on profits is not a good idea.
About security; in a wealthy ancap society (with skyscrapers, banks with large sums of tungsten in the vaults, etc.), large-scale property owners would carry large insurance policies on their assets. This would probably include indemnification in the event of a foreign military attack/confiscation. Thus it would be enormous insurance companies who would “internalize the externalities” of military defense. Beyond obvious measures such as funding the deployment and maintenance of an antiballistic missile system, these insurance companies might also post bounties for various targets in the event of a foreign invasion.
-
Thoughts on Myriad Free Market and Its Security (Part II):
Three pillars of free market are high liquidity (high volume), security (provided by insurance companies and private security enterprises) and taxfree. Frankly, Dual Universe metaverse will be totally chaotic environment where courts or law has no meaning at all. Anarchy rules. Period.
Don't get me wrong and please don't confuse the word of chaos with anarchy. There is no accepted meaning to the word “anarchism” itself. The average person may think he knows what it means, especially that it is bad, but actually he does not. One very popular charge against anarchism is that it “means chaos.” anarchists have always believed that the establishment of their system would eliminate the chaotic elements now troubling the world. The root of the word comes from the term anarchos, meaning opposition to authority or commands.
If every Myriad citizen has the absolute right to his justly-held property it then follows that he has the right to keep that property — to defend it by violence against violent invasion. Furthermore, if every citizen has the right to defend his person and property against attack, then he must also have the right to hire or accept the aid of other people to do such defending: he may employ or accept defenders just as he may employ or accept the volunteer services of gardeners on his lawn.
(Note: Absolute pacifists who also assert their belief in property rights are caught in an inescapable inner contradiction: for if a man owns property and yet is denied the right to defend it against attack, then it is clear that a very important aspect of that ownership is being denied to him. To say that someone has the absolute right to a certain property but lacks the right to defend it against attack or invasion is also to say that he does not have total right to that property.)
-
Yes @Aaron Cain all we need is freedom, and freedom can only be secured by free markets and free markets should be protected by private security companies.
-
Any revolt against a tyrannical state/leader, other things being equal, is ipso facto a libertarian move. This is all the more true because even a revolution that fails … gives the people a training ground and a tradition of revolution that may later develop into a revolution more extensively and clearly founded on libertarian motives. If cherished in later tradition, a revolution will decrease the awe in which the constituted authority is held by the populace, and in that way will increase the chance of a later revolt against tyranny.
-
On 9/27/2017 at 8:22 AM, devu said:
@EmperorSly you may check Homeless.
Some people call us communist but we believe we exercise true democracy that in fact is distorted in RL. Entire org is build around the idea active citizen takes responsibility for it's decisions, when playing strategic role in org, becomes a public servant. But aided by AI to help in automation and integrity.
Democratic theory says that the State should have a monopoly of force in its territorial area.
-
17 hours ago, Zephos said:
Bellspeak, I am excited for your project. I think I can help by sourcing materials for my org's projects through your marketplace whenever possible, and I may just want to build one of our Stoas inside your city to increase foot traffic if that would be alright with you.
Let's talk in discord and in game soon!
Good to see you here on Mryiad. Shall you build Aristotle temple?
-
On 5/23/2019 at 1:30 AM, LeineDearg said:
I think deflation would be handled on what goods or service the organization offers for their Tokens
In the unhampered free market economy, the supply of goods and services usually increases, as investment and productivity rise. This means that the tendency of the free market will be for prices to fall, some prices of course more than others.
-
On 5/4/2018 at 10:18 AM, Veld said:
IIn real life the state is useful for public services and to protect the specific interest of its civillians. Too much fragmentated and specialised entities will decay on their own.
We must take a very hard look at state/government services. Are they “services,” or are they embodiments of repression? Or are they “services,” at best, that no one really wants? And if they are genuine services, wouldn’t they be supplied more efficiently, as well as voluntarily, by private enterprise?
-
20 hours ago, duckimus said:
At any point in the chain from mining to getting it to your city a person can slow down or cut off the supply entirely and cause the prices for rocket fuel to go way up.
Once one strong competitor arises to challenge it, the cartel is doomed. For as the firms in the cartel are bound by production quotas, they must watch new competitors expand and take away sales from them at an accelerating rate. As a result, the cartel must break up under the pressure of the newcomers’ competition.
-
Thoughts on Myriad Free Market and Its Security (Part I):
One of the most common ethical charges leveled at the free market is that it fails to provide “security.” It is said that the blessings of freedom must be weighed against the competing blessings of security — to be provided, of course, by the State. That's not correct. On the free market, defense against violence would be a service like any other, obtainable from freely competitive private organizations.
In the wide sense, defense service consists of guards or police who use force in defending person and property against attack, and judges or courts whose role is to use socially accepted procedures to determine who the criminals or tortfeasors are, as well as to enforce judicial awards, such as damages or the keeping of contracts. On the free market, many scenarios are possible on the relationship between the private courts and the police; they may be “vertically integrated,” for example, or their services may be supplied by separate firms. Furthermore, it seems likely that police service will be supplied by insurance companies who will provide crime insurance to their clients. In that case, insurance companies will pay off the victims of crime or the breaking of contracts or arbitration awards, and then pursue the aggressors in court to recoup their losses. There is a natural market connection between insurance companies and defense service, since they need pay out less benefits in proportion as they are able to keep down the rate of crime.
-
Frankly, sanctuary zones (safe-zones) mostly less valuable places and it is designed for mostly beginners. I don't know what will be the path of DU about it, I'm just speculating it with an experience gained by other MMO's. And in real life experiences also tought us when there is no risk, there will be less profit. Risks and especially calculated risks can be managed by good plan and design.
-
There is no need sanctuary zone, private security firms can protect the city and citizens.
-
1 hour ago, duckimus said:
At any point in the chain from mining to getting it to your city a person can slow down or cut off the supply entirely and cause the prices for rocket fuel to go way up.
What happens when Exxon Mobil cut off the supply entirely? Chevron,Total, Royal Dutch Shell or BP takes the place. As @Belispeak correctly pointed out liquid market balances everything on the supply side. Your assumption was based on cartel things, and yes you would be totally correct if we operate on a totalitarian state.
-
-
57 minutes ago, duckimus said:
The problem is most of the resources to support your city and its market will have to come from the outside. What will you do if someone on your economic blacklist starts wiping your supply chain? You don't need alarge force to stage raids on supplies driving up your internal prices and making the city no longer viable. I reckon a single org can manage that depending on the scale of your city.
This is where market makers and markets will do its amazing job to supply city needs, no matter who is blacklisted or banned. When there is liquid markets no more supply problems.
-
Most important part of any successful market is high liquidity. And this can be done by market makers (buying and selling same product with a spread). Without market makers, traded items' bid and ask prices would be very wide which means low activity on a market. So, it is great to have free market with Austrian economics as a background, as long as high liquidity ensured. I'll support this market as long as decentralized approach intact. Regulation and security would be another issues once the liquidity problem solved.
-
There are two and only two ways that any economy can be organized. One is by freedom and voluntary choice—the way of the market. The other is by force and dictation—the way of the State. Good to see we can experiment the first one in a metaverse called DU. Our government-centric worldview will hopefully change soon.
-
sounds cool indeed. How big is the city? Is it built on a large dynamic core?
-
Am I hearing correct? City is flying in space?
-
A couple of questions for the city-state:
Do you have a security forces to prevent crime?
Are there free markets for market makers and traders as well?
Can a resident build his/her own office/house there?
-
When there is high liquidity in the markets there will be no need to courier system. In order to make the player-driven markets more liquid we just need market makers(MMs). And I myself creating the first highly liquid ores and pures markets very soon on planet Jago, hopefully other planets as well. (If anyone asks what is a market maker in DU, it simply means, a market user putting buy and sell orders at the same time in same product with a spread and with high quantity)
-
Tranquility seems so libertarian at first look and a cool blog (OutpostZebra) indeed. Can you give more information about taxes Mr. Cain?
-
Discord channel is not working.
-
4 hours ago, MXAlex said:
how many ambitious game ideas have fallen through after receiving support from the public.
They were just games, they never thought to design a metaverse. They promise to make a great MMO and then suddenly switch into singleplayer for the sake of more money. Dual Universe is really different. The success of this metaverse very deeply depended on our creations and how we make to interact with another human being in the metaverse. Yeah EVE also tried that before, and the community of the EVE were very well motivated, but it required more than that. I think Dual Universe will become the next big thing for the coming decade if community responds well. I think it will.
Myriad - A Marketplace and Social Hub
in Org Updates & Announcements
Posted
yeah griefing:
Also, security of a free market society, survivability would be a better word here; mostly depends on business partners, especially strong and influental organizations will give better support/help than any private military or security services. So, making good trading connections with other organizations will be vital to any society no matter if it is a totalitarian state or ancap society.