There are a number of reasons to believe that anarcho-capitalism is the best "meta-system" for a society. Of course there will be lots of people vehemently claiming why this is wrong.
One of the main groups of arguments are of the "market failure" type. They basically say "the private market will be corrupt or X or Y or whatever".
The simplest and most effective rebuttal to that argument that I've ever heard is in David Friedman's essay "Market Failure: An Argument for and Against Government".
http://www.daviddfriedman.com/Machinery_3d_Edition/Market%20Failure.htm
The key section starts with:
"Market failure exists on the ordinary private market. Its existence implies that we could sometimes be made better if a sufficiently wise and benevolent authority made some of our decisions for us. But, in the real world, the alternative to laissez-faire is not rule by a benevolent and supremely competent dictator, it is having decisions made on the political market instead of the private market..."
One of the main groups of arguments are of the "market failure" type. They basically say "the private market will be corrupt or X or Y or whatever".
The simplest and most effective rebuttal to that argument that I've ever heard is in David Friedman's essay "Market Failure: An Argument for and Against Government".
http://www.daviddfriedman.com/Machinery_3d_Edition/Market%20Failure.htm
The key section starts with:
"Market failure exists on the ordinary private market. Its existence implies that we could sometimes be made better if a sufficiently wise and benevolent authority made some of our decisions for us. But, in the real world, the alternative to laissez-faire is not rule by a benevolent and supremely competent dictator, it is having decisions made on the political market instead of the private market..."
