Free-Market Anarchism

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This is my favorite chapter of Murray Rothbard’s book “For a New Liberty : A Libertarian Manifesto” it explains in depth how Police, Law, and the Courts could function within an Anarcho-Capitalist society as private entities subject to competition and focused on consumer satisfaction unlike public services which rely on taxation. (which amounts to theft from the individual) Since Public Services don’t have to rely on competition because by nature they are a monopoly there is no incentive to please customers to retain business because they rely on taxes for their sustenance and no reason to be efficient because of no fear of bankruptcy the incentive is there to lead the apparatus towards wasteful spending or malinvestment.

Since there is no possible way to account for what the free market would provide upon entering into an anarcho-capitalist society this is merely a blueprint of the possibilities that could arise to provide the necessary services for the community and should not be considered an end all be all of possibilities. It’s purpose is to establish enough evidence to show that such things could function more efficiently, and less costly within the private rather than public sector and would actually function better than government in the protection of individual liberty.

Special thanks to http://www.Mises.org for providing the chapter below.

Chapter 12: The Public Sector, III: Police, Law, and the Courts

Police Protection

The market and private enterprise do exist, and so most people can readily envision a free market in most goods and services. Probably the most difficult single area to grasp, however, is the abolition of government operations in the service of protection: police, the courts, etc. — the area encompassing defense of person and property against attack or invasion. How could private enterprise and the free market possibly provide such service? How could police, legal systems, judicial services, law enforcement, prisons — how could these be provided in a free market? We have already seen how a great deal of police protection, at the least, could be supplied by the various owners of streets and land areas. But we now need to examine this entire area systematically.

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This book was an amazing read when i first read it, its what got me to develop my understanding of Anarcho-Capitalism further at a time when i barely knew anything about it at all. It’s a relatively short book and it is a quick read because of the way its written. There is so much passion put into the writing that it just flies by and you lose track of time.

Some great books are the product of a lifetime of research, reflection, and labored discipline. But other classics are written in a white heat during the moment of discovery, with prose that shines forth like the sun pouring into the window of a time when a new understanding brings in the world into focus for the first time.

The Market for Liberty is that second type of classic, and what a treasure it is. Written by two authors—Morris and Linda Tannehill—just following a period of intense study of the writings of both Ayn Rand and Murray Rothbard, it has the pace, energy, and rigor you would expect from an evening’s discussion with either of these two giants. ~Mises.org

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