Another worry that Bidinotto has — and this is sort of the opposite of the worry that the rich will rule — is: well, look, isn't Mises right, that the market is like a big democracy, where there is consumer sovereignty, and the masses get whatever they want? That's great when it's refrigerators and cars and so forth. But surely that's not a good thing when it's laws. Because, after all, the masses are a bunch of ignorant, intolerant fools, and if they just get whatever laws they want, who knows what horrible things they will make.Of course, the difference between economic democracy of the Mises sort and political democracy is: well, yeah, they get whatever they want, but they're going to have to pay for it. Now, it's perfectly true that if you have people who are fanatical enough about wanting to impose some wretched thing on other people, if you've got a large enough group of people who are fanatical enough about this, then anarchy might not lead to libertarian results.If you live in California, you've got enough people who are absolutely fanatical about banning smoking, or maybe if you're in Alabama, and it's homosexuality instead of smoking they want to ban (neither one would ban the other, I think) — in that case, it might happen that they're so fanatical about it that they would ban it. But remember that they are going to have to be paying for this. So when you get your monthly premium, you see: well, here's your basic service — protecting you against aggression; oh, and then here's also your extended service, and the extra fee for that — peering in your neighbors' windows to make sure that they're not — either the tobacco or the homosexuality or whatever it is you're worried about. Now the really fanatical people will say, "Yes, I'm going to shell out the extra money for this." (Of course, if they're that fanatical, they're probably going to be trouble under minarchy, too.) But if they're not that fanatical, they'll say, "Well, if all I have to do is go into a voting booth and vote for these laws restricting other people's freedom, well, heck, I'd go in, it's pretty easy to go in and vote for it." But if they actually have to pay for it — "Gee, I don't know. Maybe I can reconcile myself to this."
The solution to this is, of course, neither democracy nor free market anarchy but rather republicanism, or a system of government based on the rule of law.