Subject: This might turn into a ramble
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Posted on: 2016-10-14 04:14:00 UTC

So, general thoughts, which I think take me to a weird mix of socialism and libertarianism.

There's two ideas that I think make good starting points, but should not be taken too far because then bad stuff happens. The first is that people should be generally free to do whatever they'd like, as long as they're not hurting others. The second is that the whole 'market' system (people are buying, selling, trading etc. stuff, whether physical or otherwise) is a decent idea.

But this sort of obvious market libertarianism has a few big problems. One glaring issue, I believe, is that if you put a market over things that are actually necessary for life (food, water, shelter, health care, social interaction, ...), some people will get 'priced out of the market'. That is, people could (through no real fault of their own) die because of this system. That is a Bad Thing, so you have to adjust your system to avoid it. One aspect of that is a class of necessary regulations that put a "floor" on the free market. For example, a minimum wage (property implemented, which it isn't) ensures that the price of labor doesn't spiral so low that people can't make a living. Similar arguments apply to things like unemployment, welfare, and so on (they protect you from failure modes of the market). I think a basic income would be an ideal floor, but I'm not convinced we have the technical capability to implement it.

The second problem is negative externalities, such as pollution. These are things that a person (or, more commonly, a group of people) can do that hurt everyone. So you can try to patch around them by adding the notion of a crime against everyone, and you give the government (which represents everyone) the power to prevent those crimes through regulation. This also justifies antitrust bills, since big monopolies hurt everyone by closing off the market in spheres where it would be better for it to be open.

tl;dr certain pretty broad classes of regulation are necessary.

As to the current US political situation: I would have preferred Sanders, but I can't really object to Clinton. The worst-case for a Clinton presidency is that we stay more or less where we are, the best case is that scoot a bit closer to what I want. Trump is insane.

And on a specific policy note: first past the post voting is a terrible system. Implement instant runoff today! Elect the candidates everyone's mostly OK with, while providing information about actual preferences!

(and my ideal far-future would be something like the Culture. That is, there's so much of everything that the price of anything important is indistinguishable from 0, and we've found technical solutions around basically all negative externalities. Then you can drop the regulations and everything still works.)

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