Objectivist Criticisms of Anarcho-Capitalism
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With an account, you can revise, criticize, and comment on ideas.Harry Binswanger wrote a piece titled ‘Sorry Libertarian Anarchists, Capitalism Requires Government’ for Forbes, criticizing the libertarian position.
Ask yourself what it means to have a "competition" in governmental services. It's a "competition" in wielding force, a "competition" in subjugating others, a "competition" in making people obey commands. That's not "competition," it's violent conflict. On a large scale, it's war.
In reality, enforcement of laws would only be a small part of what competing arbitration services would have offer. They would come up with laws, revise, simplify, and otherwise improve laws, protect their customers, coordinate with each other, and more. Lots of value creation.