"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
PayPal's Private Governance
Submitted by Westernerd on Thu, 2013-03-07 04:00
Markets have been generating rules and enforcement mechanisms for centuries, with or without the State. PayPal's fraud enforcement is a case in point.
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Maybe PayPal should take over the government???