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RE: A Simplified Taxless State: A Proposal (part two of three)
If it's an economically better alternative, it should be possible. The powerful enterprise in this case would constitute a new "state", with it's own defense which is more cost-efficient.
This company will not have any kind of commitment to the environment. This could create a pollution problem.
Yea it all boils down to the cost efficiency of their protection. So then we would have hubs of rebellion against the state, of people claiming this bubble of land as their own, and because they can defend it there is nothing anyone can do. This sounds alot like the oligarchies of old, or exactly like the system we already have.