Cato Unbound has a most intriguing debate going on about anarchy.
Here's a snippet from the lead article by Peter T. Leeson:
No sane person believes that anarchy generates order. The idea that anarchy could be superior to government in some cases seems even more absurd.[1]
Everyone from Thomas Hobbes to Adam Smith repeats the claim that societies need government to protect property and produce widespread cooperation.
Even the most libertarian thinkers believe this is true. As Milton Friedman put it, “government is essential both as a forum for determining the ‘rules of the game’ and as an umpire to interpret and enforce the rules decided upon.”[2]
Self-governance, however, might work better than you think. A small cadre of self-described “anarcho-capitalists” reject the anarchy-as-chaos “wisdom.” In the 20th century the most notable of these thinkers have been Murray Rothbard, who grounded his defense of anarchy in natural rights theory, and David Friedman, whose book, The Machinery of Freedom, provided the quintessential consequentialist defense of a purely private society.[3]
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