Comment by tavavex
3 hours ago
Is there a difference in terms of outcomes? In the final form of a complete 'free market' without a government, the biggest entity would simply replicate the same levers of power that a government has through private militias, issuing scrip, having their own private courts and so on. But, since the US has a powerful government, it's much cheaper, simpler and more stable for them to just buy out as much of it as possible and use the same power through a proxy. Admittedly, the US government is not completely controlled by them, so it could still get much worse.
I had the pleasure of growing up around gray markets (relatively free, bribes were predictable & reasonable enough for an average noodle seller) in Southeast Asia in the 90s. It's quite different from large corporations getting Federal agencies and municipalities to lock out any potential competition. The enforcement of the US govt is far stronger than the enforcement of a handful of corrupt cops, as each precinct is essentially its own feudal regime, and within the department you have individuals mostly loyal to their families. A corrupt cop in a corrupt system driven by loose associations of extended families & fictive kin groups, one of five in a neighborhood say, can be pressured by a group of aunties and uncles serving street food or pirated goods through a web of personal relationships. This was much easier for them than hiring a lobbyist here would be.
I'm not saying it's better, rule of law has many benefits, but it is an example of where there were markets which were more free, that did not have cyberpunk outcomes, and they were quite different.
I'll say that I don't know anything about 90s SEA, but I know a bit about gray markets. One thing that stands out to me in your description is that all the corruption is incredibly localized and small-scale. Everything happens at the scale of individuals. And I don't deny that living under these conditions won't be that bad (a single corrupt official's power can only go so far), but what's stopping it from eventually becoming more organized? With us encouraging endless growth of wealth and influence, corrupt individuals are bound to form groups, then rings, then whole organizations. To me, what you're describing seems like a transitory state caused by societal factors, instability and simply not having had enough time. What the thread is all about is end states. We're already in a place where removing government regulation would turn our biggest players into those same cops, except with trillions of dollars, offices in every country and an ability to get their hands onto anything that money can buy.
I'm saying that those biggest players and our governments already work hand in hand to do that. Which is to say, the government is used as the enforcement arm for corporate interests. This is less "free" market, and more market commanded by interests.