Re: Question for AC experts
You're picking and choosing. There are many other examples where this doesn't work like that.
In an ideal communist system for example, the people as a whole has an incentive to pay for security at a state owned factory, for example. Or a bank. Or wherever security is most needed.
In an ideal capitalist system with state intervention, the state doesn't pay for all security, only that which the average citizen will find value for. And private security still exists.
However, as far as I understand it, in a perfect AC system, there are things that just don't get done. Rational agents will look at things in a Prisoner's dillema way and decide that betraying is much better than cooperating, so everyone ends paying more for the same thing, or not being able to afford it at all.
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