I think you are bringing some excess baggage to this discussion. All he was saying is that in our modern age, transactions are not as atomic or self-contained as they use to be. You can have your free market society, just make sure that you account for all of the costs.
As to those who don't want to follow the rules, there is no apocalyptic scenario here. Society will treat them as we do all the other criminals. They'll be enjoined, fined, jailed or electrocuted, depending on the severity of their transgression (and country/state they live in).
You are still free to do what you want, but you might want to take these consequences of your actions into account when trying to maximize your own self-interests, which btw happens to be the intended effect.
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As to those who don't want to follow the rules, there is no apocalyptic scenario here. Society will treat them as we do all the other criminals. They'll be enjoined, fined, jailed or electrocuted, depending on the severity of their transgression (and country/state they live in).
You are still free to do what you want, but you might want to take these consequences of your actions into account when trying to maximize your own self-interests, which btw happens to be the intended effect.