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RE: 1 in 4 Americans Say They Aren't Ready For An Emergency
I couldn't sleep at night if I didn't have a few weeks food and fuel for the generator, much less enough to heal a broken bone or something if it happened. One of the this that bothers me about society is that we can't even rest on our own property. When grandma is too old and tired to work, still has to pay property taxes which go way up over time and the value of the dollar falls. Really, we are disincentivized from saving.
Her property is still being protected by the local police and fire services right? Inflation incentivizes me to make sure the returns on my investments are greater than inflation.
I'm not sure I call local police "protection", but she could almost certainly get better service for her dollar if it weren't a monopoly backed by extortion.
I was watching Live PD just last night and the cops out on patrol happened to be the first ones to notice an abandoned house on fire and they all rushed over and managed to rescue the old lady and her husband who lived next door whose house was on fire and the husband was trapped on the second floor, they got a pretty great bang for their buck. Old people are going to use police fire and EMT services more than most. Even if you don't have kids paying for local schools means the kids are not out committing crimes against you or your property for several hours a day. So the fire department got there in what seemed like less than a minute, it was pretty impressive, how would that be better with multiple fire agencies, how would anyone even know which one to call when they saw your house on fire?
most importantly, in the absence of a dominant protection agency with a monopoly on force making and enforcing antitrust laws, how would you prevent the protection agencies from monopolizing and providing terrible service?
What I hear is: "Hey old lady, you can't pay for our protection so we are going to remove you from your property. It isn't your property anyway, now is it?"
That is not a difficult task to handle in an open market. If there were no monopolies on doctors, how would you know who to have work on you? That is obviously sarcasm, but this is not a scary problem. People can carry insurance. Many fire stations are volunteer and police... well, I would abolish those clowns and hire private security. There are examples of these working very well in poor areas of Chicago. They do provide service to those that don't pay them. I don't feel like looking them up, but it should be easy to find if you desire.
Those kind of monopolies are only possible under government regulatory capture. In an open market, there is no possibility of a monopoly.
Ok, in the open market, how would anyone even know which one to call when they saw a house in the distance on fire?
There are no monopolies on doctors. How much would you pay for private security in that scenario? what about the people who don't pay, can I take them as slaves?
No there aren't, the one that anarchists keep citing is mostly an overpriced firearms training school whose service to the community is mostly to advise the community to call the police. That is not a substitute for the police.
ROFL