CANNOT ACHIVE ANY NOTION OF “JUSTICE” BY VOLUNTARY MEANS WITHOUT FORMAL INSTITUT

http://www.capitalismv3.com/2012/04/26/the-institutional-answer-to-bleeding-heart-libertarianism/YOU CANNOT ACHIVE ANY NOTION OF “JUSTICE” BY VOLUNTARY MEANS WITHOUT FORMAL INSTITUTIONS.

(Sorry Rothbard, Sorry BHL’s. It is entirely possible to create institutions that assist in inter-temoral coordination between the classes. We do with with banking all day long. But we can’d do it without formal institutions that forbid privatization of public goods.)