Insurance is not legally required for most of its uses, especially financial and business applications. It’s very much an integral part of the mythical “true” free market economy.
Perhaps even more so, because a much higher weight would be placed on individuals. My boat isn’t legally required to be insured - but the private marina requires me to insure it against fire, in case it ignites and sets their whole marina in fire. Stuff like that.
I’m saying even if we lived in the libertarian dream world - you’d still need to insure something as dangerous as a flying car. Which is why I pointed to examples of non compulsory insurance
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u/Erdos_Helia 19h ago
Why won't capitalism let you own one? It would be a regulatory body that won't let you own one.
Capitalism would absolutely let you own one lol