The Century of Arbitration and Peace

“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

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