On Jun 12, 3:31 pm, Paul Wharton <
paulwhar...@comcast.net> wrote:
> As the philosophy of Objectivism holds, there are only five legitimate
> functions of government:
And maybe that's more than they can keep from screwing up too.
> military,
My understanding is that Angola hired the private military company
Executive Outcomes and got a really good force that stopped fighting
among various factions, and didn't get involved in mission creep. And
only spent like $5 million. UN didn't like the idea and convinced the
country not to renew its contract as it could supply peacekeeping
troops. A billion dollars later (spent by UN member countries)
things were worse than when EO was operating there.
> judiciary,
A lot of companies are writing mandatory arbitration requirements into
their contracts, in an attempt to evade some provisions of ordinary
court cases including class actions. There is reduced discovery and
decisions come out much faster. Whether this is better or not, and
whether it's fair or just a way of buying a forum that excessively
favors one side over another is something only time will tell.
> police,
There are more security guards (armed) and other similar personnel
employed by the casinos in Las Vegas than the entire Las Vegas Police
Department. Also, most railroads have their own police, the laws
generally give them the same authority as state police in every state
where the railroad operates. Railroad police or transit police (for
local subway systems) tend to get better results because they just
handle crimes related to actions on the railroad (trespassing, crimes
against passengers, vandalism, etc.)
> diplomacy,
Whether any country needs a diplomatic staff is another matter. If
you're referring to travel authentications (passports and such) that's
one thing. Otherwise it's usually just sabre rattling for some
country's government to thump its chest and try to make other
countries act the way they want it to.
> and treasury.
A lot of private mints have no problem selling bullion, and American
Express had no problem issuing travelers checks for decades before
they became less useful in favor of credit cards. (Did you know
American Express travelers checks were actually harder to counterfeit
than U.S. currency? They were printed in cyan blue, a color much more
difficult to reproduce on printing equipment pre-computer.)