“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:
David Galland: The Other Side of the Wall
Paul Craig Roberts: Why War Is Inevitable
Doug Casey on Internationalizing Your Cash
Government Spying Has Always Focused On Crushing Dissent … Not On Keeping Us Safe
Why a Police State?
Ron Paul: The IRS and Congress Both Hold Our Liberty in Contempt
Qatar: Rich and Dangerous
Central Bankers' Nightmare: Goldman Sachs Might Go Bust
How to escape from a car underwater
Detlev Schlichter: Could Bitcoin be the money of the future?
Ten Ways to Reduce Terrorism - Can We Admit The War On Terror Has Failed?
How to Lose a Constitution—Lessons from Roman History
Dealing with Cops These Days
Former Fed Banker: Debunking the Myths About Central Banks
Internet Governance Meltdown II: The Unilateral Right to Amend