That anything should exist which can't be controlled by it's creators.
Collectivism says that the rights of the group outweigh the rights of the individual. That a group, therefore, has more power or authority than the individual.
Corporations, granted special rights as an entity, by the government, is the purest form of collectivism.
A moral hazard allows people to operate outside the bounds of sanity, wreaking havoc, usually discussed in regards to economics.
The special privileges granted by the government, are in fact one of the most obvious moral hazards to ever exist.
The Philosophy Of Liberty -
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