Market Chosen Law

Abstract

Discusses examples of private law enforcement in the world today. On a local level, universities, condominium associations, and shopping malls all provide rules and security to create a safe atmosphere. On a global level, trading and arbitration companies provide guidelines and dispute settlements for businesses not under any single governing authority. If on both a local and non-local level there are numerous cases where government is not utilized, then a government monopoly in this field is hardly the necessity that is claimed by its apologists. Private companies already provide both local and non-local protection for their customers, arguments to the contrary not withstanding.