Mankind being what it is, murderers, robbers, thieves, thugs, and con-artists will always exist, and life in society will be impossible if they are not deterred. How and by whom is this enforcement of law and order accomplished? The answer given by classical liberals and by almost everyone else is that the indispensable task of maintaining law and order is the unique function of the state. But the very institution of government is nothing less than a contradiction in terms: an expropriating property protector, “producing” ever more taxes and ever less protection. In order to be just and efficient, the production and maintenance of law will have to be undertaken by freely financed and competing individuals and agencies. FULL ARTICLE
Source link: http://archive.mises.org/5392/the-idea-of-a-private-law-society/
The Idea of a Private Law Society
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