[The Don]

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What is so unenforcable or inconsistent? The beauty of AC is in its simplicity. Basically, everything is legal other than actions which do harm (stealing and killing pretty much) to others. People do not want harm done to them and will demand enforcement of these principles. Seeking profit opportunity, firms will be formed to uphold the 'law'. The ones which are the most fair and efficient will recieve the most business. Consequently, order is maintained.

Please elaborate on how and why feudalism will arise as a consequence of the absence of the state...

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If the Mafia can own the NYPD, whats to say it can't easily influence these private security agencies? Wishful thinking?

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Here's why: the NYPD is a government monopoly on crime enforcement; therefore people cannot choose any other alternative. The state FORCES them to "choose" the NYPD to uphold the law. This makes it very easy for the mafia to "own" law enforcement, because there is only one option.

In AC, if people sensed corruption, they would simply stop using that particular firm and select an alternative. Similarly, the firm would not want to engage in corrupt practices because the consumers would stop demanding their service, thus making their business unprofitable.