Billy Brown [bbrown@conemsco.com] wrote:
>1) Why should the PPAs allow themselves to be legally accountable for
>anything?
>2) There is nothing to stop PPAs from colluding to fix the market. If the
>two biggest providers in Houston decide to team up, kick out the competition
>by force, and divide the market, my only recourse is to leave.
>3) PPAs will frequently be faced with other situations where they can stack
>the economic deck in their favor with a little judicious use of force. What
>keeps them from doing it?
Because their customers will move to another PPA or shoot them.
>A PPA that can get away with
>shooting its competitors (or defecting customers) has a strong competitive
>advantage over one that can't.
And how are they going to do that? You're implicitly assuming a disarmed population who are happy to let the PPAs do whatever they want. That ain't gonna happen.
The whole point of anarcho-capitalism is that it by its very nature it has these negative-feedback mechanisms. You can't assume them away and expect to get any kind of reasonable view of what an anarcho-capitalist society would be like. In effect it's merely taking your glorious minimal state idea and expanding the competition between power structures to include everyone in the society, not just everyone in the government.
Mark