Absentee ownership is taken for granted in today’s society and indeed by most anarcho-capitalists. Whatever you can legitimately obtain and keep is kosher, according to proponents of absentee ownership, be that a tiny self-sufficient homestead or a global corporate empire spanning multiple industries with tens of thousands of employees. But without state protection in the form of limited corporate liability, subsidies and the inefficient state monopoly court system, I don’t think absentee ownership on any kind of large and expansive scale can be practically sustained.
