Suppose the world powers were to crumble, and The world adopted an anarcho-capitalist system. What would happen to the existing infastructure currently managed by the state and government? Would it go to the highest bidder? and who has the right or power to auction it off if it did. Also what would happen to land rights, since currently those are managed and controlled by the government.
Thanks.
It is important to propose an ordered bankruptcy of the government's assets. The government owes a lot of people a lot of money, and some of their lives literally depend on that. An ordered liquidation of government property to reimburse creditors will reduce resistance to elimination of government.
The fallacies of intellectual communism, a compilation - On the nature of power
Without a federal tax system, the existing infrastructure would rapidly fall into disrepair. I imagine that the land would be homesteaded or seized by successor states, ripped up and replaced with profitable, more localized infrastructure.
Rothbard has addressed the issue:
banned: Suppose the world powers were to crumble, and The world adopted an anarcho-capitalist system. What would happen to the existing infastructure currently managed by the state and government? Would it go to the highest bidder? and who has the right or power to auction it off if it did. Also what would happen to land rights, since currently those are managed and controlled by the government. Thanks.
I think that a market anarchist/voluntaryist society would be achieved by gradual education. In time, if enough people "saw the light" and started to reject the state's legitimacy, then government would wither away and disband, since the ruling class come from the same society.
In that case then, the roads, electricity, water, etc. would be assumed by private companies, who would exist by offering a good or service to make profits. Land rights would be homesteaded. So this means that an individual who was first to mix his or her labour with the land would own it.