“All of this provides a real-world example of the possibility of adjudicating disputes in a private and contractual manner. It does not take a huge leap of faith to conclude that a decentralized arbitration system could be extended to smaller and smaller segments of the population, ultimately leading to a private security environment. If it can be done between states, why not between individuals (or private insurance / security companies) in a world without states as we currently use the term? Why limit the possibilities by geographical boundaries – some form of panarchy, if you will?”
http://bionicmosquito.blogspot.com/2013/08/the-century-of-arbitration-and-peace.html
Related posts:
Lies, Damned Lies, and Statistics... at FreedomFest
American Pravda: The JFK Assassination, Part I - What Happened?
Bill Bonner: How Government ‘Works’
Cage Complex: Why is America’s prison population soaring?
After the Storm (Part 2 of 2)
Is the U.S. at War with Al-Qaeda?
Yes, We Live in a Communist Country
A Nation of Rules: The US Justice System
Should You Be Forced to Vote?
James Bovard: Hey, wait a minute, Trump's fear-mongering isn't new
Anthony Gregory: The Right & the Drug War
Jeffrey Tucker: An Empire in Panic
The State: Always the Accuser, Never the Defendant
Why College Football Will Be Dead Within 20 Years
Bill Bonner: What Do Bond Investors Know That Stock Investors Don’t?