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Will Private Defense Agencies Wage War—or Keep the Peace?mises.org/mises-wire/will-private-defense-agencies-wage-war-or-keep-peace
439 sats \ 7 comments \ @Undisciplined 24 Sep econ
by Stanisław Wójtowicz
Will Private Defense Agencies Wage War—or Keep the Peace? Can the state alone provide effective defense since private agencies might fight one another?
Other than how to lay down long strips of tar, this is the biggest hang-up people have about a free society.
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118 sats \ 3 replies \ @SimpleStacker 24 Sep
These arguments seem to assume that switching costs between Private Defense Agencies would be low, and thus PDAs are properly incentivized to maximize surplus to clients. It seems to me more likely that the PDAs would in fact try to make switching costs high, which may then require PDA2 to liberate PDA1's clients from its clutches. Casus belli, right?
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30 sats \ 0 replies \ @Undisciplined OP 24 Sep
Could be. It's all still very speculative. Of course, it probably won't be harder to switch security providers than the status quo.
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0 sats \ 1 reply \ @supratic 24 Sep
Private Defense Agencies
Rebranded to Private War Agencies = Mercenaries
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42 sats \ 0 replies \ @Signal312 24 Sep
A local homeowner association that I'm involved with just switched from one provider (for communication, landscaping, IT support, etc) to another. It was a monster hassle. And now they're seeing lots of problems with the new one.
And yes, I think they do very deliberately make it difficult to switch. It's part of the whole "moat" for their business.
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0 sats \ 0 replies \ @jbschirtzinger 24 Sep
Anarcho-capitalism is gonna give you chaos, so the question is a moot one.
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0 sats \ 1 reply \ @supratic 24 Sep
Considering the latest rebranding, #1208242 ... what do you think they aim for? Following this narrative, war is a profitable business.
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0 sats \ 0 replies \ @Undisciplined OP 24 Sep
Absent taxation, war is not profitable
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