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Fall 2017

ISSN 0890-913X

Volume 32, Number 3

Categories: Fall 2017 | Privatization

Privatizing Government, in the Interim

Walter Block, Loyola University

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TheJournalofPrivateEnterprise32(3),2017,33–45PrivatizingGovernment,intheInterimWalterBlock∗LoyolaUniversity______________________________________________________AbstractAtleastfortheanarcho-capitalistlibertarian,itisano-brainertoassertthatthegovernment,allofit,shouldbeended,anditslegitimatefunctions,thosethatwouldcontinuetoexistinthefreesociety(roads,libraries,education,etc.),privatized.Itsillegitimateinstitutions,suchasconcentrationcamps,theFederalReserve,theSecuritiesandExchangeCommission,theFoodandDrugAdministration,andsoonwouldofcoursebecompletelyended.Butwhataboutrightnow,beforeanyofthischangeisatalllikelytotakeplace?Whatshouldbetheattitudeoftheadvocateoflaissez-fairecapitalismtowardtheseillegitimateinstitutions?Opposethem?Supportthem?Thesearethequestionswithwhichthepresentpaperattemptstowrestle.______________________________________________________JELCodes:D23Keywords:privatization,anarchism,capitalism,utilitarianism,deontologyI.IntroductionHowshallthelibertariandealwithgovernmentservices,whiletheyarestillinoperation,beforefullprivatization?Thisquestionmakesastrongassumption:thatoneday,governmentserviceswillindeedbeprivatized,1andoursocietywillarriveatasortoffreemarketnirvanainwhichallsales,rentals,loans,andothertransactionswilltakeplacebetweenprivateparties.Giventhatthischangeisnotlikelytooccuranytimesoon,whyshouldweevenbotherourselveswithspeculationsregardingasituationthatmightneveroccur,and,ifitdoes,willbeinthefarfuture?Onereasonisthepurepleasureofapplyinglibertariantheorytoavexingproblem:whattodointhemeantime.Howshallwetreatthisaspectofthemarketplacewhile∗IthankAndyLooforaskingmechallengingquestions,asishiswont,whichledmetowritethisarticle.Iamalsoverygratefultotherefereeofthisjournal,whoposedthechallengesIattempttoanswerinthefourthsectionofthispaper.Allerrorsandinfelicitiesare,ofcourse,myownresponsibility.1Onedaysoon?Hardly.But,hopefully,oneday.

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Metadata [hide]

Title	Privatizing Government, in the Interim
Authors/Creators:	Walter Block, Loyola University
Year:	2017
Volume:	32
Number:	3
Pages:	33 - 45
Publisher:	The Association of Private Enterprise Education
ISSN:	0890-913X
Document Type:	Articles
Keywords:	privatization, anarchism, capitalism, utilitarianism, deontology

Citation:
Block, Walter / 2017. "Privatizing Government, in the Interim." The Journal of Private Enterprise, 32(3): 33-45.