Banks used to issue their own script and in principle anyone could do it.
The trouble with anarcho-capitalism is that there's nothing to prevent a
group from organizing, forming a "government", raising an army a conquering
people around them.  In fact that's exactly the arc of history.  If you
want anarchy you can go to Syria or Somalia right now.



On Fri, Jan 9, 2015  meekerdb <[email protected]> wrote:

> Banks used to issue their own script and in principle anyone could do it.
>
>

And that system worked very well for a long time.

> The trouble with anarcho-capitalism is that there's nothing to prevent a
> group from organizing, forming a "government", raising an army a conquering
> people around them.
>

Where will a Private  Protection Agency get the money to build a army to do
that when it looses all it's paying customers?  And you can't give me a
iron clad guarantee that the US Army won't take over and establish a
military dictatorship, I don't think they will but the odds of that
happening are much greater than the odds a rogue Private Protection Agency
will metastasize and take over. The odds of neither is zero but one is much
larger than the other.

 > If you want anarchy you can go to Syria or Somalia right now.


That's chaos, I'm talking about anarchy.

 John K Clark

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