Anarchy And Efficient Law: David Friedman Talk Video
This is going to be a quick and rambling post, since Mike Gibson & I just got back from the floating festival formerly known as Ephemerisle and are sleep-deprived, sunburned, and waterlogged :).
Anyway, one of the promising political systems that I’d like to see tried someday on a seastead is the terribly-named “anarcho capitalism”. With the recent public domain release of David Friedman’s Machinery of Freedom (PDF), we have a great book introduction. And now, if you are looking for a video introduction, thanks to the Mises Brazil Institute, here is David Friedman’s talk on Anarchy & Efficient Law at the first Mises Brazil Forum. While one video can’t cover the complexities of this radically innovative government system, he lays out the basic argument for why it should consistently produce laws that maximize overall good better than democracy does. The argument is found in more detail in the paper Anarchy & Efficient Law.
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Let A Thousand Nations Bloom 
Check out the final part of this video, Questions & Remarks: http://vimeo.com/13711761
I like this idea but it may begin to suffer from the same problems as the current US health insurance system: vast numbers of people would find themselves ‘unprotectable’ by the enforcement operations in their locale for some reason or another, like being convicted of a minor crime in the distant past, or having been involved in an above-average number of ‘incidents’ as either a victim, antagonist or witness. Would these people be on their own to either seek their own justice, or leave town?