Coercive Monopoly - The State As Coercive Monopoly

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.

Read more about this topic:  Coercive Monopoly

Famous quotes containing the words state, coercive and/or monopoly:

    Farewell? a long farewell to all my greatness.
    This is the state of man; today he puts forth
    The tender leaves of hopes, tomorrow blossoms,
    And bears his blushing honors thick upon him:
    The third day comes a frost, a killing frost,
    And when he thinks, good easy man, full surely
    His greatness is a-ripening, nips his root,
    And then he falls as I do.
    William Shakespeare (1564–1616)

    Minerva save us from the cloying syrup of coercive compassion!
    Camille Paglia (b. 1947)

    Unless you become more watchful in your states and check the spirit of monopoly and thirst for exclusive privileges you will in the end find that ... the control over your dearest interests has passed into the hands of these corporations.
    Andrew Jackson (1767–1845)