The State As Coercive Monopoly
Economist Murray Rothbard, noted for his espousal of anarcho-capitalism, argues that the state itself is a coercive monopoly as it uses "violence" to establish "a compulsory monopoly over police and military services, the provision of law, judicial decision-making, the mint and the power to create money, unused land ('the public domain'), streets and highways, rivers and coastal waters, and the means of delivering mail." He says that "a coercive monopolist tends to perform his service badly and inefficiently". In addition to moral arguments over the use of force, free market anarchists often argue that if these services were open to competition that the market could supply them at a lower price and higher quality.
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Famous quotes containing the words the state, state, coercive and/or monopoly:
“The state is suffering from two opposite vices, avarice and luxury; two plagues which, in the past, have been the ruin of every great empire.”
—Titus Livius (Livy)
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—Andrew Jackson (1767–1845)