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European Economic Perspectives 23

Protection Rackets

Who provides protection when the state breaks down? New CEPR research uses the tools of modern economics to explain the emergence of organized crime.

Many societies face enormous difficulties in establishing even the most basic level of protection of life and material goods. From Colombia to Sierra Leone, Somalia, Russia, Albania, even in the inner cities of the United States, there is an apparent shortage of the good variously known as security, order, protection of property rights – or simply protection. This good is the quintessential collective good provided by the state. It is also a precondition for the provision of ordinary infrastructural public goods and, more generally, for facilitating trade and economic development.

When protection is not provided effectively by state institutions, it is typically provided by organized crime – mafias, gangs and similar groups. But why do such groups emerge in a power vacuum? And why are they autocratically organized, run for the benefit of their leaders in the same way that most states in history have been run?

To put it differently, why is the provision of protection by self-governing, democratic community groups and states so difficult? Is competition in the provision of protection as beneficial as it is in the provision of other goods and services? Or is a monopoly preferable? These are some of the questions examined by Kai Konrad and Stergios Skaperdas in a recent CEPR Discussion Paper.

In thinking about the market for protection, it is important to take account of a characteristic that makes protection very different from other goods and services: the inputs used in its production – soldiers and policemen, swords and guns – contain the seeds of the good’s own destruction. At times, these seeds can sprout very fast: by virtue of their positions, policemen and soldiers can extract from the people who employ them even more than the robbers and bandits against whom they are supposed to guard.

Rulers who provide protection against internal and external threats can use their powers of extraction on an even grander scale. Army generals and colonels, ostensibly at the service of democratic governments, can – and regularly do – topple such governments. Clearly, protection is not an ordinary economic good.

The analysis developed by Konrad and Skaperdas to explore these phenomena goes through a series of scenarios. It begins with a simple and fragmented economy without a state or any other form of organized protection. Some individuals become producers – ‘peasants’ – who spend part of their initial resources to protect their own production. Others become full-time bandits who prey on the peasants. The overall outcome is highly inefficient since the bandits contribute nothing to material production while the peasants spend much of their resources and time protecting themselves against bandits.

The researchers next consider a scenario in which peasants form small self-governed groups in which protection for the whole group is provided by voluntary contributions to collective protection. Compared to the first scenario, welfare is higher under self-governance. But the incentives to ‘free-ride’ in such groups – to enjoy the benefits without contributing – lead to underprovision of protection.

In the next scenario, a ‘for-profit’ protection agency – Leviathan, the tribal chief or the mafia don – arrives and monopolizes protection. The result is that the agency uses the machinery of protection to keep its subjects in conditions that are no better than in the absence of a state. But because of the efficiency of collective protection that Leviathan employs, output can be much higher than in the absence of the state, with all the surplus appropriated by Leviathan.

In the final scenario, the profits earned by Leviathan attract competitors – ‘competing lords’ – who attempt to set up their own protection businesses. What happens here is that in the long run, the number of protection agencies reaches a level where no further entry to the protection market is profitable, implying that all lords who are abstaining from entry obtain the same net income as agents who did enter and now run a protection agency. This outcome is called the ‘competing lords’ regime.

Konrad and Skaperdas compare these different scenarios and conclude that the most likely outcome is one of competing lords without further entry. Whether this outcome means higher or lower welfare than in the absence of a state depends on the lords’ power to extract revenue. If their power is similar to that of bandits in the absence of a state, then everyone earns the same net income as in the absence of a state. But although the lords’ protection technology is superior to what exists in the absence of a state, this does not translate into higher welfare. All the savings from the provision of collective protection are dissipated in contests between lords, and welfare can be as low or lower than in the absence of a state. This is called the ‘tragedy of coercion’.

The environments the authors describe are very abstract and not, of course, intended to serve as models of the political organization of modern industrialized states. But the approach does illuminate the nature of power in many developing and transition economies – and in those parts of modern states where power vacuums allow gangs and mafias to emerge.

The scenario with the peasants and bandits, for example, helps to explain interactions between shopkeepers and robbers in Moscow, inner-city Los Angeles or Lagos. In such cases, genuine community policing is very difficult. Instead, hierarchical gangs come in to fill the gap vacated by the modern state, supplanting legitimate government and creating a near-monopoly of force.

This article discusses research reported in ‘The Market for Protection and the Origin of the State’ by Kai Konrad and Stergios Skaperdas, CEPR Discussion Paper No. 2173 (June 1999). Konrad is at Freie Universität Berlin and a Research Fellow in CEPR’s Public Policy programme; Skaperdas is at the University of California, Irvine.

 

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