This page contains too many unsourced statements and needs to be improved.
Minarchism could use some help. Please research the article's assertions. Whatever is credible should be sourced, and what is not should be removed.
Minarchists advocate for a "night-watchman state" that is not responsible for the education, health care, employment or transportation of its citizens, neither makes it any use of natural resources in its territory. All of this is instead held privately or publicly, but is never susceptible to any interference of the state, its law or its representatives. Minarchy is, of course, different from anarchy, since the latter term means a complete absence of a government with all services, including even law and security, done or exercised by people themselves.
The following two sections describe how a person supporting and another opposing minarchism would argue.
Even the Austrian Economists do not advocate for this.[citationneeded] The almighty free market fails utterly when dealing with Public Goods, that is, goods that are non-rivalrous my consumption of the good doesn't diminish your ability to consume it and non-excludable you can't stop me from consuming it. For example, there are only so many fish in a location, and Alice can't stop Bob from fishing there, so Alice and Bob catch too many fish and next year there are practically no fish left. Alice and Bob could make some sort of agreement, but nothing prevents Charlie, Denise and Emily from still fishing. So everyone is poorer than had there been some sort of limit on over-fishing.
Next comes Externalities, which are detriments (or benefits) that the producer of the good or service doesn't have to deal with. An example of this is pollution. If a firm can lower their average costs in order to make significantly more profit by dumping their waste in the local river, so long as the owners don't drink from said river, it will probably do so to maximise its profit margins. This generally harms the local population far more than the company gains from not properly disposing its waste, so overall it's a net loss for society. The third party effects arising from production of this good are greater than that of the private benefits incurred.
Things like education, safety regulations, roads, research subsidies, and so forth often add to the economy more than they cost. Welfare and subsidised housing are often far more effective at reducing crime for cheaper than extra police alone.[citationneeded] What Minarchists have a hard time understanding is that their income depends on things like roads and communication systems being available, that having access to adequate healthcare increases worker productivity, and a whole slew of other things. Even if you built your business out of gumption and bootstraps alone, virtually all of your customers and employees relied on something provided via government, and without those customers you wouldn't have that business to be taxed in the first place. It's far better to pay 50% tax on $200,000 than pay 5% on $20,000.
Without international bodies imposing rules on corporations (such as the Institute of Electrical and Electronics Engineers) there also wouldn't be any universal standards and regulations to which all corporations should abide, meaning that literally every single corporate entity has to expand or cooperate with another one to form any sort of coherent universal standard and even then you'd be lucky if every corporation in the world agreed by it. While that may not seem all that shocking at first, this means that there will be situations where you can't phone some of your friends because their telephones don't know how to register your telephone signal or that you can't do your job abroad without re-learning how to do it because the machines they work with have notably different architecture from the ones you are used to work with. In the end it ends up complicating the life for corporations and people alike.
Proponents[Who?] argue that classic property rights assignment would solve both the externality and public good issues. Using the above examples, we can see that applying property rights to both the fisherman and pollution allows the market to perform efficiently. In the fishing example, if we give property rights of the lake to Bob, he will have an active interest in keeping the level of fish in the lake constant. He would likely set up a fishing permit, or maximum quota for fishermen using his property, which would solve the scarcity issue. Although this is not a true public good as asserted, property rights will still solve the presumed market efficiency.
Pollution would be solved in a similar manner. We can assign the property rights to a dumping lake to either the polluter or the victim of pollution with both similar results. If awarded to the polluter, victims of the pollution will determine a proper level of payment to the polluter to avoid overdone pollution. This will often end up with a complete lack of pollution, if the cost benefit from dumping is offset by the payment completely, they will seek other methods of waste management. If awarded to the victims of pollution, the polluter will determine a proper level of payment to the victims in order to pollute, or will look for other methods. In theory, both methods end up with the same price point per pollution reduced, which is the full economic cost.
The assertions that the free market would be unable to provide services like education, regulation, and infrastructure have been long debunked. Although hard to imagine for those who have grown dependent on government, all these services would be provided more freely and more efficiently under a free market. You could argue that the reason these services are operating in completely failed markets under our current system.
Corporate regulation comes freely and naturally by its nature in a free market as well. It has even done so in the US, despite the overwhelming regulation already in place. Professional associations create standards and give "seals of approval" to businesses that adhere to their guidelines, and in turn the consumer is protected from predatory practices by the people who understand the business the most.
Minarchy has also been advocated by some non-anarchist libertarian socialists and other left-libertarians.[1] Minarcho-Socialism is also an ideology that combines the principles of minarchy with socialism.[2]
Go here to read the rest:
Minarchism - RationalWiki
- Serfdom Reform vs. Liberty The Future of Freedom Foundation - The Future of Freedom Foundation - April 12th, 2024 [April 12th, 2024]
- N.Y. Libertarian Party launches petition drive for ballot - Spectrum News - April 10th, 2024 [April 10th, 2024]
- Arizona voters question petition for Libertarian candidate: Not even close to my signature - Washington Examiner - April 10th, 2024 [April 10th, 2024]
- Understanding Freedom and Faith in Freedom The Future of Freedom Foundation - The Future of Freedom Foundation - April 10th, 2024 [April 10th, 2024]
- Henry Simons And The Libertarian Night Watchman As Tax Collector - ProMarket - April 2nd, 2024 [April 2nd, 2024]
- Why libertarians don't trust RFK Jr. - UnHerd - April 2nd, 2024 [April 2nd, 2024]
- Learn from Libertarians | Commentary | thestatehousefile.com - The Statehouse File - March 10th, 2024 [March 10th, 2024]
- Review: Sheriff in 'Fargo' Gives Libertarians a Bad Name - Reason - March 10th, 2024 [March 10th, 2024]
- Why Libertarianism Is Not Mainstream (But Should Be) | Henry Gardella - Foundation for Economic Education - March 10th, 2024 [March 10th, 2024]
- Donald Rainwater to lead Indiana Libertarian ticket as party chooses its 2024 nominees - WFYI - March 10th, 2024 [March 10th, 2024]
- Could the Libertarian Party nominate RKF Jr.? - NewsNation Now - March 10th, 2024 [March 10th, 2024]
- 2024 election: These Libertarians will be on Indiana's ballot - IndyStar - March 10th, 2024 [March 10th, 2024]
- Why Do All These Homosexuals Keep Sucking My Cock? - The Onion - January 4th, 2023 [January 4th, 2023]
- Russell Kirk - Wikipedia - December 21st, 2022 [December 21st, 2022]
- Maj Toure: Why Black Gunsand LibertarianismMatter - December 12th, 2022 [December 12th, 2022]
- Georgia's 'blank ballot' voters | Who are they? And why did they do it? - 11Alive.com WXIA - December 12th, 2022 [December 12th, 2022]
- Exclusive: No official records of personal meeting between Institute of Economic Affairs and Jacob Rees-Mogg - NationalWorld - December 12th, 2022 [December 12th, 2022]
- Markets Fail. . .And Libertarianism Still Works, 10/16 - November 25th, 2022 [November 25th, 2022]
- The Bill of Rights: A Transcription | National Archives - November 7th, 2022 [November 7th, 2022]
- 'Centre, states need to work together for a developed India': FM Sitharaman on 'Atmanirbhar Bharat' - The Economic Times - November 7th, 2022 [November 7th, 2022]
- Libertarianism: Definition & Examples | StudySmarter - October 21st, 2022 [October 21st, 2022]
- In N.H., its live Free State or leave thats libertarianism? - The Boston Globe - September 11th, 2022 [September 11th, 2022]
- Cryptos Libertarianism Is Running Headfirst Into Reality - The Atlantic - September 11th, 2022 [September 11th, 2022]
- The 'red wave' was such a sure thing, of course Republicans are blowing it The Nevada Independent - The Nevada Independent - September 11th, 2022 [September 11th, 2022]
- Jim, Sigal, and Michele just living their best lives - Nevada Current - September 11th, 2022 [September 11th, 2022]
- Long Live the King (My President)! - Econlib - September 11th, 2022 [September 11th, 2022]
- How Housing Is Captive to Investment Demands - Santa Barbara Independent - September 11th, 2022 [September 11th, 2022]
- Arkansas governor candidates hitting the campaign trail - 4029tv - September 11th, 2022 [September 11th, 2022]
- Aaron Rodgers Sounds Off On Government: NFL World Reacts - The Spun - September 11th, 2022 [September 11th, 2022]
- David Boaz - Wikipedia - September 7th, 2022 [September 7th, 2022]
- Arlington Heights board gets petition from Koch brothers-backed group calling for law that may impact Chicago Bears' stadium plans - Chicago Tribune - September 7th, 2022 [September 7th, 2022]
- Georgias Senate Race Is Much Closer Than The Governor Election. Will That Hold Until November? - FiveThirtyEight - September 7th, 2022 [September 7th, 2022]
- Letter: The threat against democracy | Letters To Editor | berkshireeagle.com - Berkshire Eagle - September 7th, 2022 [September 7th, 2022]
- Vote in the State Primary - mysouthborough - September 7th, 2022 [September 7th, 2022]
- Group catering to nonpartisan voters launches ahead of the election The Nevada Independent - The Nevada Independent - September 7th, 2022 [September 7th, 2022]
- Libertarian Party of Wisconsin: Wisconsin Libertarians oppose student loan forgiveness ideas as theft - WisPolitics.com - September 2nd, 2022 [September 2nd, 2022]
- Guardrails of Democracy, Extended: Comparing Notes On The Team Libertarian Report - Reason - September 2nd, 2022 [September 2nd, 2022]
- Attempted Murder Arrest; Libertarians On The 2022 Ballot? PM Patch NH - Patch - September 2nd, 2022 [September 2nd, 2022]
- Chase Oliver could send Georgia's Senate race to a runoff - he's OK with that - The Atlanta Journal Constitution - September 2nd, 2022 [September 2nd, 2022]
- Rep. Stephen Handy, ousted at GOP convention, to wage write-in bid - Standard-Examiner - September 2nd, 2022 [September 2nd, 2022]
- J. R. R. Tolkien among the Illiberals Catholic World Report - Catholic World Report - September 2nd, 2022 [September 2nd, 2022]
- We Made It Through The Primary. Now It's On To The November General Election - Honolulu Civil Beat - September 2nd, 2022 [September 2nd, 2022]
- The Great Separation: Why American Politics Is Coming Apart at the Seams | Cornell Chronicle - Cornell Chronicle - August 30th, 2022 [August 30th, 2022]
- Palfrey eyes the exits- POLITICO - POLITICO - August 30th, 2022 [August 30th, 2022]
- Armstrong: Behind those misleading headlines on Colorado teacher pay - Complete Colorado - August 30th, 2022 [August 30th, 2022]
- What is a Libertarian? Beliefs & Examples | Study.com - August 29th, 2022 [August 29th, 2022]
- Libertarian Vs. Liberal (Whats The Difference?) - The Cold Wire - August 29th, 2022 [August 29th, 2022]
- Libertarianism Philosophy and History - Study.com - August 29th, 2022 [August 29th, 2022]
- Republican effort to remove Libertarians from November ballot rejected by Texas Supreme Court - The Texas Tribune - August 29th, 2022 [August 29th, 2022]
- Media organizations and civil libertarians sue to stop a law that restricts recording videos of cops - Arizona Mirror - August 29th, 2022 [August 29th, 2022]
- How a Tiny Minority Can Lead the World Toward Liberty | Dan Sanchez - Foundation for Economic Education - August 29th, 2022 [August 29th, 2022]
- GOP Candidate Saying it's 'Totally Just' to Kill Gay People Resurfaces - Newsweek - August 29th, 2022 [August 29th, 2022]
- Third Party Candidates: Alabama Libertarians to appear on general election ballot - WHNT News 19 - August 15th, 2022 [August 15th, 2022]
- Sick and tired of the two-party system: Pa. Libertarian Party sees surge in interest | Today in Pa. - PennLive - August 15th, 2022 [August 15th, 2022]
- Voter registrations in North Carolina continue to trend mostly unaffiliated and slightly Republican - The Mountaineer - August 15th, 2022 [August 15th, 2022]
- After Koch's Kinder, Gentler Rebrand Attempt, He Spent Over $1 Billion On 2020 Elections - Daily Kos - August 15th, 2022 [August 15th, 2022]
- Libertarian, Green, and Independent Candidates not Invited to Gubernatorial Debate The Amarillo Pioneer - The Amarillo Pioneer - August 15th, 2022 [August 15th, 2022]
- Runoffs to decide final nominations begins with early voting next week - Yahoo News - August 15th, 2022 [August 15th, 2022]
- Podcast: Muddling Through the Mar-a-Lago Mess - Reason - August 15th, 2022 [August 15th, 2022]
- The Story Behind the Wrenching Finale of 'The Anarchists' - WIRED - August 15th, 2022 [August 15th, 2022]
- The Search of Trumps House + the 5th Amendment - Econlib - August 15th, 2022 [August 15th, 2022]
- Libertarians see opening to gain ground in Georgia 2022 elections - The Atlanta Journal Constitution - August 4th, 2022 [August 4th, 2022]
- State Libertarian Party asks for 'relief from oppressive ballot laws' - The Albany Herald - August 4th, 2022 [August 4th, 2022]
- Election 2022: Primaries clear Michigan fields; more will come at conventions - The Center Square - August 4th, 2022 [August 4th, 2022]
- The Industrial Revolution and the Colonial Conundrum - Econlib - August 4th, 2022 [August 4th, 2022]
- School choice is the free market solution to failing public schools - Washington Examiner - August 4th, 2022 [August 4th, 2022]
- The primary is over Here's who you can expect to see on JoCo ballots in November - Shawnee Mission Post - August 4th, 2022 [August 4th, 2022]
- Climate change and the Supreme Courts version of police abolitionism - The Hill - August 4th, 2022 [August 4th, 2022]
- Discontent Is Never Enough - by Jonah Goldberg - The G-File - The Dispatch - August 4th, 2022 [August 4th, 2022]
- Progressive Conservatism: How Republicans Will Become America's Natural Governing Party - The Ripon Society - August 4th, 2022 [August 4th, 2022]
- Local News: Donnie Brown elected as 149th representative (8/2/22) | Standard Democrat - Standard-Democrat - August 4th, 2022 [August 4th, 2022]
- Former TV anchorman wins GOP nomination in Missouris 4th Congressional District - Missouri Independent - August 4th, 2022 [August 4th, 2022]
- Penn Jillette: Did His Libertarianism Survive Trump and COVID? - Reason - July 29th, 2022 [July 29th, 2022]
- Libertarian and Anti-functionalist: What Is the Memphis Design Movement? - ArchDaily - July 29th, 2022 [July 29th, 2022]
- 11 Pick Up Lines For Libertarians To Use If They Ever Meet A Girl - The Babylon Bee - July 29th, 2022 [July 29th, 2022]
- Nudged into the oncoming lane - Econlib - July 29th, 2022 [July 29th, 2022]
- Quebec's Conservative party surges in the polls as some of its candidates spread conspiracy theories - CBC News - July 29th, 2022 [July 29th, 2022]
- Accusations of racism and abortion politics- POLITICO - POLITICO - July 29th, 2022 [July 29th, 2022]
- Zeldin's Fraudulent Independence Party Signatures Show How Difficult it is to get on Ballot in NY - Yonkers Times - July 29th, 2022 [July 29th, 2022]
- How Republicans can build on Trumpism and become the party of progressive conservatism - The Hill - July 29th, 2022 [July 29th, 2022]