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"Private insurance agencies, competing for clients, face a powerful incentive to minimize conflict and aggression: each unresolved conflict imposes costs on the insurer. A territorial monopoly state, by contrast, profits from insecurity; it can externalize the costs of war and aggression onto its tax-paying subjects."

— Hoppe, Hans-Hermann event 2003

From The Myth of National Defense: Essays on the Theory and History of Security Production

Context: From Hoppe's introduction, outlining the institutional logic of competing private defense agencies: their profit motive aligns with peace, while the state's monopoly position aligns with perpetual insecurity.

Topics

public_off Anarcho-Capitalism trending_up Free Market emoji_events Incentives security State Power