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Plunder & Protection Inc

Bibliographic Data

ID4920142
AuthorsHalvor Mehlum (0000-0001-5639-158X, Frisch Centre, University of Oslo, corresponding author), Karl Ove Moene (0000-0002-3290-4536, University of Oslo), Ragnar Torvik (Norwegian University of Science and Technology)
Year2002
Volume39
Issue4
Pages447-459
Publication date2002-07-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Peace Research (JOURNAL)
Journal identifiersISSN: 0022-3433 • E-ISSN: 1460-3578
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0022343302039004005
OpenAlexW2060235407
LanguageEN
Citations received22
References cited12

When the state fails to supply basic security and protection of property, violent entrepreneurs not only seize the opportunity of plundering, but some also enter the protection business and provide protection against plunderers. This uncoordinated division of labor is advantageous for the entire group of violent entrepreneurs. Hence, in weak states a situation may arise where a large number of violent entrepreneurs can operate side by side as plunderers and protectors squeezing the producers from both sides. The problem reached new levels at the end of the Cold War. As military forces were demobilized without civilian jobs to go to, many countries got an oversupply of qualified violent people for crime, warfare, and private protection. In this `market for extortion' the entry of new violent entrepreneurs enhances the profitability of them all. The supply of violence creates its own demand - an externality of violence that is detrimental to the development in poor countries

Business · Computer security · Economics · Externality · Extortion · Political science · Profitability index · State (computer science) · Corruption and Economic Development · Finance · Law · Natural Resources and Economic Development

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    Open Access•Frederic C Lane•The Journal of Economic History•1958

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Unique citing works22
Citations per year0,92
Citation span2002 - 2024 (23)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 20

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