In the last 5 to 10 years everything seems to suck: product’s and services quality plummeted, everything from homes to cars to food became really expensive, technology stopped to help us to be something designed to f@ck with us and our money, nobody seems to be able to hold a job anymore, everyone is broke. Life seems worse in general.
Why? Did COVID made this happen? How?
The question should be who will enable their cartel without the state law enforcing it? What is to stop them get a large share of the market - cartel status? Well, their competition providing better goods and services!
But what is there to stop them from simply hiring a private militia to kill their competition? The NAP?
NAP, aka respect for private property rights. If a society does not respect the NAP then it is a society based foremost on the threat of violence. What is government - the threat of violence - the threat of force. So, if a society allowed private militia to kill competitors you would end up with a gang ruling over others - you know - like government. So, yes you need a society with respect for private property rights/NAP. Would all people be peaceful? Heck no! Does this mean there will also not be private institutions that uphold the law - uphold respect for private property rights? Of course! People will still need security, decision making and justice! A peaceful society with respect for the NAP would NOT allow a private militia to violate others rights! Business (in the absence of government favouritism) survives on good products, services and reputation. Sending a militia against you opponents does not do well for your reputation! So ultimately you have a choice - government, which is an involuntary institution with a monopoly on force and rule making that serves the elite to the detriment of others OR A free society with respect for private property rights that is more decentralised and snuffs out any trouble makers.
So who decides the law and how does justice get upheld in this system? It seems to me that if any corporation becomes powerful enough, it essentially becomes the de-facto government in any areas it has control over.