Bob Murphy Show Ep. 422 Answering Common Objections to Private Law
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Jul 10, 2025 Adam Haman, a writer on libertarianism and anarcho-capitalism, joins the discussion to tackle common objections to private law. They explore the concept of anarcho-capitalism, breaking down concerns about public safety and infrastructure without centralized authority. Engaging anecdotes illustrate innovative approaches to road design and managing defense through private entities. Additionally, they delve into privatized rehabilitation systems for ex-convicts, emphasizing compassion and community support as means to reduce recidivism.
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Minarchy's Historical Failure
- Minarchy has never worked effectively to prevent corruption and abuse. - Private law offers a more promising framework than the failed state models seen globally.
Private Exclusion as Prison Analogy
- Private property exclusion functions like prisons by denying access to those with bad reputations. - Competition and reputation in courts and security prevent gang enclaves from thriving.
Market Forces Curb Corruption
- Law enforcement competition leads to reputation-based policing and judicial systems. - Corrupt judges lose customers, preventing systematic corruption unlike state monopolies.