Libertarians will love this, somalian capitalism thriving due to lack of government

[Zkribbler]

Originally posted by SlowwHand
DRose, I don't know. It might be any of number of reasons. We can ignore the lower classes that are herded by armed gangs, and let's keep our focus on things like, I don't know, pirates maybe?

Whoops, we forgot about them Add 23 "import companies" to the list. along with 1,934 weapons manufacturers.

[Bill3000]

Puntland?

Pirates, Anarchy, and Puntland. Somalia can't possibly be more niftier.

[Dr Strangelove]

Parts of the article refer to activities taking place in Mogadishu, which is definitely in the south. Even the south has governments of sorts, the warlords who control the militias. I find it difficult to believe that the strongmen who control these areas don't take a cut out of business revenues, after all, the militias have to be fed and armed.

I wonder how much revenue piracy brings in?

[Ecthy]

Priates don't fare too bad obviously, seeing how it is a growing business in the street of Malacca as well.

We need to send out our troops to hunt them down. Long live the 17th century!

[Kuciwalker]

Originally posted by Dr Strangelove
Parts of the article refer to activities taking place in Mogadishu, which is definitely in the south. Even the south has governments of sorts, the warlords who control the militias. I find it difficult to believe that the strongmen who control these areas don't take a cut out of business revenues, after all, the militias have to be fed and armed.

Originally posted in the OP
Private security firms helped businessmen protect their investments and property.

[VetLegion]

Since there is no government, there are no statistics

Anegdotal evidence such as presented in the opening post is notoriously unreliable.

[chequita guevara]

So all our libbies can move there.

[Dr Strangelove]

Originally posted by Kuciwalker

Originally posted in the OP
Private security firms helped businessmen protect their investments and property.

What happens to those who can't afford to pay the 'private security firms'?

[Kuciwalker]

Guess.

[Jon Miller]

It's the starting of a new government

at the most basic level..

JM

[Urban Ranger]

Private security firms helped businessmen protect their investments and property.

That's just a nice way of saying "paying off the warlords so they leave you alone."

[Kuciwalker]

Originally posted by Kuciwalker

Originally posted by Dr Strangelove
Parts of the article refer to activities taking place in Mogadishu, which is definitely in the south. Even the south has governments of sorts, the warlords who control the militias. I find it difficult to believe that the strongmen who control these areas don't take a cut out of business revenues, after all, the militias have to be fed and armed.

Originally posted in the OP
Private security firms helped businessmen protect their investments and property.

[Flip McWho]

That's just a nice way of saying "paying off the warlords so they leave you alone."

Which is a long way of saying insurance

[Urban Ranger]

Originally posted by Flip McWho
Which is a long way of saying insurance

Hey, you are one of them warlords!

[Flip McWho]

Only during the week. Everyones gotta work.