He described the primary means of law enforcement as blood feuds, which were “pyramid schemes of death.”
The chapter’s title is “Bad Capitalism.”
I have 'libertarian' friends that just never lived in a true libertarian society. Albania was a libertarian/anarchic place, because coming out of Communism, the government was too inept to apply the laws... and it ended up becoming a 'anything goes' type of society.
Want to build in a place without a permit? Sure.. go ahead... roads, infrasturcutre be damned... want to open a TV station, go ahead. That other guy is using the samme frequenncy? Just by a bigger transmitter to drown out the competitionl.. Pirated moves on TV, all the time. Cinemas just couldn't functionn. Why pay for a movie, while the local TV is just showing it right now....
Things settled by 'strong men', where the biggest gangster usually wins.... for while, until the competition settles scores and he ends up killed.
The country is still suffering with the urban mess that period left... where things were built with no regard of urban development whatsoever.
Libertarism... just like Communnism, are naive ideas that ultimately don't work. They always end up with few people gaining power over everybody else (either the communist elite, or oligarcic rich)
It sounds a lot like a famous democratic country with that 1% thing
Libertarianism is not the same thing as anarchism or the total lack of government. It means a government that's restricted to enforcing natural rights and fairly resolving disputes via courts.
Libertarians by contrast believe in rule of law and enforcement of contracts. They usually also espouse non-agression.
Anarchists usually have lots of consensus meetings.