I’ve mentioned in an earlier post that I am in the beginning stages of creating a fully underground competing court system, the likes of which have never before been seen. And to the best of my knowledge its functionality has never before been written about either. It will only be unveiled once the website I am constructing is finished and can be presented to the public. I look forward to that day. A free-market in justice is probably one of, if not, the most important business institutions necessary to replace the state with natural order. I only hope that my business model will play a role in that transition. There are, however, other desperately needed businesses that will help facilitate the destruction of the state. If my time and resources were not limited I would fully develop the framework to start these enterprises, but as it is, I can only wait until others do so.

There are two businesses that I do not believe will ever get started until a fully functional and competing justice system is established. But once it does these institutions will soon follow. The most difficult will probably be banking. I believe for the free-market banking system to have any legitimacy and to prosper it must be completely underground. That is not to say they cannot advertise and have their name perfectly well known to the government, only that it does not obey or operate under any government regulations. Nor can it legitimately use anything other than commodity money as its sole currency.

The necessity for free-market banking should be obvious. It will help to facilitate loans, conduct efficient financial transactions, warehouse personal savings and a myriad of other functions all relevant to today’s modern economy. Its inner machinations, however, must remain completely secret. All banks possess assets highly sought after by criminals and the state is arguably the greatest criminal organization the world has ever seen. Even in absence of the state banks would necessarily take security precautions to protect the assets of its clientele. With the state in existence the security protocol merely operates at an inflated threat level.

The banks with the best reputation for security would likely garner a higher rating by its insurance company thus lowering its premiums, which would in turn increase the savings to its customers. The cost of each bank’s security coupled with its insurance premiums would create a pricing mechanism that each potential bank customer could use to better determine with whom to bank. A bank’s assets would necessarily be dispersed, it’s records encrypted and its headquarters, if any, would remain in a state of constant animation. That is to say, at least until the day the state is sufficiently weakened.

To suggest an underground bank is to imply an insurance company. Of course, insurance companies can encompass a great many sectors including, but not limited to, health, auto, banking, home and life. But until competing underground banking has been secured the operational structure of an insurance company must not resemble that of its current counterparts. It simply cannot store large amounts of capital safely.

A highly efficient management structure on the part of the company must transfer capital directly from the monthly premium payer to the insurance claimant without ever having passed through the company’s hands. This means that the total monthly claims would be added up and then divided unequally among the rest of the insured. Billing statements would fluctuate monthly depending on the total amount of the claims and the number of the insured. The individuals insured would pay a non-equal percentage of the total amount imbursed to the recipients of the insurance claims much as today’s premiums reflect the risk of the individuals insured. The fluctuation in monthly payments would begin to stabilize as the client base of each company increased. A static, or decreasing, billing amount would regularly be made to the insurance company for the managerial service it offers in coordinating the redistribution of funds.

With the nature of these businesses and the risks involved it will be imperative that they are run profitably and not just as activist ventures. Nor should one enterprise compete with the state alone, but with other underground competitors as well. The state will not destruct until until these enterprises, among others, are fully operational and institutionalized.