What exactly does it mean to "privatize" a service or industry? As I have argued before , there is a lot of confusion over the precise meaning of the terms "public" and "private" to begin with. The fact that state-controled property is called "public" is misleading...
The basic idea of minarchism is that the government should be expressly small and limited to the defense of person and property of those within the territorial dominion of the government. This generally implies that the government's services be limited to the provision of police, courts and defense...