No? Capital is absolutely meaningless in a society. Capital doesn't give society anything. Actual, physical goods do, services do, a healthy population that protects us through the herd effect do. Capital in itself? It is on the brink of being nefarious for society.
>There are plenty of places throughout the United States where the only viable means of transportation is the automobile (or a motorcycle, as you point out). The consequences of not having auto insurance is also bankruptcy. Would you characterize the auto insurance market in those locales as similarly coercive?
Aside from the fact that you will rarely suddenly end up in such a place without warning (which cannot be said when it comes to health), I would say that it's a problem of society. Why is there no public transport that could do most of the job of your car?
No? Capital is absolutely meaningless in a society. Capital doesn't give society anything. Actual, physical goods do, services do, a healthy population that protects us through the herd effect do. Capital in itself? It is on the brink of being nefarious for society.
>There are plenty of places throughout the United States where the only viable means of transportation is the automobile (or a motorcycle, as you point out). The consequences of not having auto insurance is also bankruptcy. Would you characterize the auto insurance market in those locales as similarly coercive?
Aside from the fact that you will rarely suddenly end up in such a place without warning (which cannot be said when it comes to health), I would say that it's a problem of society. Why is there no public transport that could do most of the job of your car?