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:

    Death is not natural for a state as it is for a human being, for whom death is not only necessary, but frequently even desirable.
    Marcus Tullius Cicero (106–43 B.C.)

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

    United Fruit... United Thieves Company... it’s a monopoly ... if you won’t take their prices they let your limes rot on the wharf; it’s a monopoly. You boys are working for a bunch of thieves, but I know it ain’t your fault.
    John Dos Passos (1896–1970)