Jeff Swann on Nostr: I know what the definition is. I'm telling you that there is no market failure (you ...

I know what the definition is. I'm telling you that there is no market failure (you don't seem to even be able to identify any as a problem) that can be corrected by granting monopoly powers to a small group & telling them to regulate themselves & these other people too.

The primary check on the power of any organization is your ability to withdraw financial support. If you cannot refuse to pay then they don't care what you want & their own interests will dominate. The govt ability to tax is basically a guarantee that govt, as an organization, will be completely unregulated.