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Protection from the protectors

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Individualist Posted: Sat, Aug 1 2009 1:10 PM

What would stop a crime-insurance provider of other rights-protection agency from defrauding someone, i.e. charging him for a service and never rendering? What would stop the owners of this firm from taking the patrons' money and leaving?

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What would stop a person  from defrauding someone, i.e. charging him for a service and never rendering? What would stop the owners of this firm from taking the patrons' money and leaving?

Where there is no property there is no justice; a proposition as certain as any demonstration in Euclid

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A protection service.

"Every decent man is ashamed of the government he lives under."  - H. L. Mencken

 

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well, thats then, glad we sorted it 

:-)

Where there is no property there is no justice; a proposition as certain as any demonstration in Euclid

Fools! not to see that what they madly desire would be a calamity to them as no hands but their own could bring

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You didn't answer my question: What would stop a crime-insurance provider or (misspelled of in OP) other rights-protection agency from defrauding someone, i.e. charging him for a service and never rendering? What would stop the owners of this firm from taking the patrons' money and leaving? Who's going to protect someone from his protectors?

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Individualist:
What would stop a crime-insurance provider of other rights-protection agency from defrauding someone, i.e. charging him for a service and never rendering?

You mean like the government?

"When you're young you worry about people stealing your ideas, when you're old you worry that they won't." - David Friedman
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I don't know what other people would do, but if my crime-insurance provider defrauded me of a small amount I would simply take my business to one of their competitors.  If it was a large amount I would take the story to the media and potentially ruin that company.  Depending on how the courts were set up, you could also take them to court.

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I. Ryan replied on Mon, Aug 3 2009 1:34 PM

liberty student:

You mean like the government?

Yes.

The only difference between our current scenario and the scenario that the original poster outlined is that the government is a monopoly and that fraudulant protector would not be a monopoly. Therefore, the second scenario is preferable because you can switch protectors without switching locations.

If I wrote it more than a few weeks ago, I probably hate it by now.

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Natalie replied on Mon, Aug 3 2009 1:36 PM

Other protection agencies? Bounty hunters? Angry mob with rifles? Take your pick.

I think it's quite reasonable to expect that a protection service company would have to build a certain level of reputation and trust before it starts getting a lot business.

If I hear not allowed much oftener; said Sam, I'm going to get angry.

J.R.R.Tolkien, The Lord of the Rings

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liberty student:
You mean like the government?

'Men do not change, they unmask themselves' - Germaine de Stael

 

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Natalie:

Other protection agencies? Bounty hunters? Angry mob with rifles? Take your pick.

I think it's quite reasonable to expect that a protection service company would have to build a certain level of reputation and trust before it starts getting a lot business.

I agree, but other protection agencies might not help him, since the theft is a pre-existing condition.  Do you think there would be certain safeguards in place in the company's rules, such as a rule that they can't fire all their employees in a certain period of time? If the owner's protection agency were still in operation after the owners took off with their customers' money, the company's employees would be legally required to go after them, no?

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*bump*

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Theft is also a loss.  And in life and business, you take your lumps and move on.  No one ever got rich trying to recover a loss.

"When you're young you worry about people stealing your ideas, when you're old you worry that they won't." - David Friedman
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