Background: I see AnCap as a possibility, but I'm not educated enough on the subject to resolve a few problems I perceive in it.
1. How are reparations collected? If you pop my tire, but don't want to pay for a new one, how do I get the money from you?
2. Common Defense and Leeches: It's all fine to think "everyone will chip in because it's in their best interest to have military protection," but there's a Tragedy of the Commons problem there: "I'll avoid chipping in to maximize my own personal wealth and hope that everyone else chips in."
The short answer is that nobody knows. People in an AnCap society are free to pursue and innovate solutions to these problems. Nobody can know in advance what the specific solutions will be. If government operated our food system, you might well ask how private industry would feed millions of people. Nobody could have imagined McDonald's or Walmart -- it took the market to create them.1. How are reparations collected? If you pop my tire, but don't want to pay for a new one, how do I get the money from you?
2. Common Defense and Leeches: It's all fine to think "everyone will chip in because it's in their best interest to have military protection," but there's a Tragedy of the Commons problem there: "I'll avoid chipping in to maximize my own personal wealth and hope that everyone else chips in."
