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Medieval Icelandic crime victims would sell the right to pursue a perpetrator to the highest bidder. 18th century English justice replaced fines with criminals bribing prosecutors to drop cases. Somali judges compete on the free market; those who give bad verdicts get a reputation that drives away future customers.
"Anarcho-capitalism" evokes a dystopian cyberpunk future. But maybe that's wrong. Maybe we've always been anarcho-capitalist. Maybe a state-run legal system isn't a fact of nature, but a historical oddity as contingent as collectivized farming or nationalized railroads. Legal Systems Very Different From Ours, by anarcho-capitalist/legal scholar/medieval history buff David Friedman, successfully combines the author's three special interests into a whirlwind tour of exotic law.
By Jeremiah4.8
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Medieval Icelandic crime victims would sell the right to pursue a perpetrator to the highest bidder. 18th century English justice replaced fines with criminals bribing prosecutors to drop cases. Somali judges compete on the free market; those who give bad verdicts get a reputation that drives away future customers.
"Anarcho-capitalism" evokes a dystopian cyberpunk future. But maybe that's wrong. Maybe we've always been anarcho-capitalist. Maybe a state-run legal system isn't a fact of nature, but a historical oddity as contingent as collectivized farming or nationalized railroads. Legal Systems Very Different From Ours, by anarcho-capitalist/legal scholar/medieval history buff David Friedman, successfully combines the author's three special interests into a whirlwind tour of exotic law.

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