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Stephan Kinsella
@NSKinsella
Anti-IP patent attorney. Legal Foundations of a Free Society, Universal Principles of Liberty /principles
915 Following    20.1K Followers
A proposal for "just governance." Lock proposes a government with no taxes but financed by printing money at 1.5% inflation and use that to buy stuff it needs. From Jim and I: "In his article A possible structure for just governance on The Libertarian Alliance, author Neil Lock outlines a decentralized, bottom-up model to replace central government states. The proposal is structured around four main tiers and specific operational systems: Governance Tiers Neighbourhoods of Just Governance (NJGs): Small voluntary direct democracies of a few hundred people (similar to residents' associations) that preserve local character and approve incoming migrants. Communities of Just Governance (CJGs): Non-profit organizations at the town or small city level (30,000 to 100,000 residents). They manage local public services such as police, fire, basic infrastructure maintenance, and local courts. CJG decisions are made via direct democratic open town meetings or referendums. Societies for Just Governance (SJGs): Competitive, non-profit contracting organizations that handle larger-scope services—such as judges, detectives, quality auditors, and diplomats—which communities can select or swap at annual meetings. Areas of Just Governance (AJGs): Regional alliances of CJGs (similar to countries today) responsible for broader national defense, legal harmonization, and maintaining the overarching legal system (the Convivial Code). Currency and Financing Abolishing Taxation: Instead of traditional taxes, governance is funded through controlled currency inflation (estimated at around 1.3% to 1.5% annually). Banks of Just Governance (BJGs): Competing banks issue commodity-backed currencies. Each year, communities elect which BJG to use, and the revenue generated from that year's fixed inflation covers local operating expenses." As a friend pointed out, "This is a slight improvement. But naturally no one would hold the “government company gone scrip” shitcoin. Everyone would use gold or bitcoin to store non depreciating liquid funds as soon as some government agency forced them to take it if the state bought their services." I.e., they would have to use fascist police state means to make their scheme work. This reminds me a bit of clueless handwaver Ayn Rand saying you could fund the government via a lottery. Suuurrre. But why would anyone use a state lottery when you could get better odds from a private one...? Unless you... outlawed the competition... and then it starts. Ayn Rand on Courts’ Subpoena Power and Compulsory Jury Duty (and Eminent Domain) The Power to Tax and the Power to Outlaw Competition Imply Each Other Ayn Rand on Courts’ Subpoena Power and Compulsory Jury Duty (and Eminent Domain) @GabbSean @gregmorin @propfreedom
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