Source: Facebook

Q&A: WHO DECIDES TRUTH? MARKETS DECIDE EVERYTHING

—“Under Propertarianism, if we require due diligence in public speech, then who decides what’s true enough to say?”—Sol Hamer

Good question.

Who decides what product is harmless enough to ship?

You do, provided you can bear the potential damages. If not, your insurer, who decides if it can bear the potential damages. If not, your insurer of last resort, who decides if it can bear the potential damages.

The market for retaliation against harm determines if you were right.

We cannot logically require people speak the truth. We can, however, require in public speech, just as we require in all things brought to market, or placed into the commons, that you have done due diligence against error, bias, wishful thinking, suggestion, pseudoscience and deceit – as well as fraud.

Yes, it is not easy today for average people to speak truthfully – they have intentionally by the left, been taught to lie, to repeat lies, and to believe lies.

And yes, people intuitively react against this constraint, just as they have reacted against the evolution of private property, competition, and meritocracy in all forms. But we have built the high trust, high economic velocity, western world through the incremental suppression of all forms of externalization of costs, by forcing individuals to bear the costs of their actions.

And the technology we have used to incrementally suppress parasitism and the externalization of costs is the common judge discovered law, and the market for retaliation that is provided by the courts.

I remain confident that the increase in trust and prosperity and our civilization’s competitive advantage will be as great or greater than the rational and empirical revolutions – both the products of our creation.

Curt Doolittle

The Propertarian Institute

Kiev, Ukraine