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The Marketization of Security Services
This paper discusses the normative credentials of the "commodification of security," i.e. subjecting protection against (criminal) threats to the market. It distinguishes between a "pure security market," in the absence of public protection by the police, and an "additional security market," co-existing with public provision. It argues that a pure security market is not so much unstable (as Nozick's invisible hand argument for the minimal state implied) but undesirable, because of persistingfatcat:ocbn2mihefe5xl447tcd3rqlsy