My Actifit Report Card: 九月 7 2018

in #actifit6 years ago

Imagine a system in which a private company as a "government service provider" offers you protection of life, liberty, and property. This service includes internal and external security, a legal and regulatory framework and independent dispute resolution. You pay a contractually fixed fee for these services per year. The government service provider, as the operator of the community, cannot unilaterally change this "citizens' contract" with you later on. As a "contract citizen", you have a legal claim to compliance and a claim for damages in the event of malperformance. You take care of everything else by yourself, but you can also do whatever you want, limited only by the rights of others and the other moderate rules of living together. This includes teaming up with others for all sorts of purposes. Disputes between you and the government service provider are heard in independent arbitration courts, as is customary in international commercial law. If the operator ignores the arbitral awards or abuses his power in another way, his customers leave and he goes bankrupt. He therefore has an economic risk and therefore an incentive to treat his customers well and in accordance with the contract.

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