Private defense agency | Wikipedia audio article
Channel: wikipedia tts
Date: 06/12/2018

This is an audio version of the Wikipedia Article:
Private defense agency


00:00:45 1 Theory
00:03:26 1.1 Lack of monopoly power
00:05:27 1.2 Aggression and abuses by private defense agencies
00:11:45 1.3 Financing of private defense agencies
00:15:40 2 Historical examples of widespread use
00:15:51 2.1 Ancient Europe
00:17:16 2.2 Medieval Iceland
00:18:19 2.3 American Old West
00:19:56 2.4 Post-Feudal Sicily
00:21:56 3 See also



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SUMMARY
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A private defense agency (PDA) is an enterprise which would provide personal protection and military defense services to individuals who would voluntarily contract for its services. PDAs are advocated in anarcho-capitalism and market-based forms of social anarchism, such as mutualism.A PDA is distinguished from a private contractor of the state which is subsidized financially through taxation or legally through monopoly and immunity, and relies on conscription and other involuntary support. Instead, such agencies would be voluntarily financed primarily by competing insurance and security companies, which are penalized for losses and damages, and have a financial incentive to minimize waste and maximize quality of service.