History began with the Rule of Man, which is where the law is the whim of one man who has no accountability to those under the law. He is above the law, and thus the law is likely to be inefficient, subjective, arbitrary, and applied unequally.
A great leap forward from the Rule of Man was the Rule of Law, which is where those who make the law are accountable to those under the law, and no man is above the law.
The next great leap forward will be the Rule of Market, which is where the law is a product like any other. An individual could produce his own law, or choose one or more of the products produced by others, or choose no such product at all. The market will be the judge.
In the Rule of Market, the law is voluntary – just like any other product. For example, suppose you voluntarily enter into a contract, and then discover you were tricked, and then you decide it is in your best interests to only fulfill the part of your contractual obligation you feel is fair. You would then be wise to make your case on the Internet, because in the future, other parties (the market) will evaluate your actions and decide on what terms they would be willing to enter into any given type of contract with you. You should assume that the other party will be making their case on the Internet as well.
You would be wise to hire an advocate to help you produce your side of the story. The role of such an advocate would be similar to the purpose of a lawyer today.
You would want to maintain an online presentation that explains your principles, and thus let potential partners know what to expect. An advocate could help you with that too.
You would want to hire one or more reputation rating companies to evaluate your side of the story. Such a role would be similar to the purpose of a credit rating agency. Each reputation rating company would decide whether your actions were consistent with the expectations you created with your statement of principles. They would decide the extent to which your actions were justified given the objective facts of the case, and they would decide the extent to which your actions were justified given the ambient culture. Then they would adjust your reputation score accordingly.
Note that if your statement of principles and your contract used common components found in other statements and other contracts, then evaluation would be easier and thus cheaper. On the other hand, if you are like me and insist on a custom statement of principles, then you should expect to pay more.
The reputations companies you hired might decide that your actions were consistent with your stated values and were thus expected, and that overall your actions were mostly justified both objectively and given the ambient culture. Therefore, given a potential future contract, the other party would probably just look at your reputation score and that they would be willing to contract with you, but for a slightly higher interest rate to reduce their risk.
A little imagination is all that is necessary to see how the Rule of Market would apply in any conceivable case, and the Rule of Market has never been more obtainable than in the age of the Internet.
A little imagination is all that is necessary to see that the productivity, innovation, and happiness resulting from the advent of the Rule of Market would be the dawn of a new renaissance like nothing we have ever seen before.
Unfortunately, we are no longer moving forward. We are now moving backwards towards the Rule of Man. For example, Obama claims the power to spy on anyone, indefinitely detain anyone, and even to assassinate anyone without due process, without accountability, and without transparency, and he has already exercised all of these powers.
We are moving back to the Rule of Man because governments are absolutely terrified of the Rule of Market because it is becoming clear that the only purpose of government is to force a majority to give their time, give the fruits of their labor, and even give their lives for a goal they would not voluntarily choose … such as wars, pyramids, cronyism, propaganda, censorship, reeducation camps, false flags, genocide, slavery, redistribution of honest wealth, and disarming the people.