Earlier quoted context omitted.
Very well put! And I agree that our retraining systems are horrendous. I’m probably not anywhere near as reasonable as you, as I can point to the government for every problem - why is college so expensive? Federally backed loans you can’t discharge in bankruptcy. Why do so many jobs need licenses that take years and tens of thousands of dollars to get when, for example, cutting hair is something you can learn on Yout…
So, yeah, I'm glad you're a free-market guy because I don't have enough free-market guys to drink beer and argue with. Although I'm not drinking beer (if you are, cheers), and we're not really arguing. I am curious what the mechanism is from the free-market side to prevent increasing income inequality, and regulatory capture by corporations and the wealthy? If we de-regulate, what stops Bezos and Exxon, EvilCorp, and…
So you are asking me the wrong premise - if the state has no power, what regulation can a corporation capture?
I like corporations because businesses provide value. They can fail. The organizing principle has a straight-forwards goal of earning money. I don’t see any states failing (except for socialist ones like Venezuela) in a way that can put them out of business - they tend to grow forever in all directions, capturing more wealth and diminishing freedom.
The next question - do I care about inequality as a given? If everyone on earth had a healthy, purpose driven life but one family had 99.99% of all the wealth, would this be a problem? Basically do we dislike inequality because of envy or because most people genuinely have nothing?
You are correct that corporations are already running the show. Our biggest corporations are more powerful than most countries on earth. Because innovation in free societies is emergent and decentralized, the best the government can do is play whack-a-mole every few years as the free market laps them over and over.
I like the chaos, I like the unpredictability, I like weird people, I like having the freedom to do whatever I want. I want maximum freedom in all things and the least amount of coercion.
One area you should look at if you aren’t familiar is cryptocurrency. This is the most powerful innovation in regards to regaining individual freedom - financial freedom - that has come in centuries. The ability of governments to print their way out of debt is coming to an end, and individuals all over the world are going to have an escape valve from corrupt elites.
This was kind of a rambling response, no beer involved. Cheers