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The Importance of Private Markets
From a libertarian standpoint, it's like any product or service that's provided by a private market actor tends to be lower cost and higher quality than anything provided by a government agency. The state is incentivized just to keep you docile and vulnerable to taxation. They're not really too concerned with protecting your actual life, liberty, or property. That's a service that's much better rendered by a private contractor of some kind. Makes a lot of sense to me.