![]() ![]() How (or whether) democracy then sets in is another debate altogether.įriedman also differs from Rothbardians and other natural-law anarchists and libertarians in advancing purely utilitarian arguments for the model he advocates, without reference to ethics except in the context of the operation of law. ![]() However, while the Rothbardians believe that all the competing companies should enforce a single body of law that has been reached by consensus, somewhat like how things were done in the medieval Icelandic Commonwealth or in pre-Cromwellian Ireland, Friedman believes that the legislative process should also be privatized, and there would be no rules at all except cuius regio, eius religio, or its equivalent with secular law. He is known as a leader in anarcho-capitalist political theory, which is the subject of his most popular book, The Machinery of Freedom (1973, revised 1989). Both he and the Rothbardians believe that all functions of government should be privatized and replaced by competing companies, such as private security firms, toll road operators, and arbitration courts. įriedman is much more radical than many anarcho-capitalists, such as Murray Rothbard. “ ”There could be competition among different brands of law, just as there is competition among different brands of cars. This book shows why and precisely how to privatize the State how private property is the most basic of human rights and trade of one type or another the basis. ![]()
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