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Amagi236 karma

Would the concentration of power through economic inequality be a serious problem to the stability of a anarchocapitalistic society? It seemed so in your analysis of Iceland (about power, not economic inequality):“A second objection is that the rich (or powerful) could commit crimes with impunity, since nobody would be able to enforce judgment against them. Where power is sufficiently concentrated this might be true; this was one of the problems which led to the eventual breakdown of the Icelandic legal system in the thirteenth century. But so long as power was reasonably dispersed, as it seems to have been for the first two centuries after the system was established, this was a less serious problem.” http://www.daviddfriedman.com/Academic/Iceland/Iceland.html

Any thoughts?