Libertarian Minarchism is fine. However, we have one problem. Why would government choose to only guard security? Why would it be to the best interest of whoever is in power to only guard security if they can make even more money by using their power to siphon money from society?
Be it dictators, corrupt officials, or the progressive?
It’s the same problem of who watch the watcher
As globalization happens, profit margin of governing will get less and less and we’ll be more and more libertarians. However, I won’t hold my breath till it happens.
To have a good government, namely, the government that we like most, whatever it is, we need to ensure that those who would go forward and agree to govern will make more money when they do what we want rather than the other way around. Such president will most likely be smart and will earn more than CEO. Most people are paying peanuts for their leaders and get stealing monkeys, predictably.
Libertarian Minarchism and Who Watch the Watcher is a post from: Free Market Forever