You seem to be suggesting that without the state companies would find it harder to extract wealth from the people. I really can't understand why this would be t

You seem to be suggesting that without the state companies would find it harder to extract wealth from the people. I really can't understand why this would be the case? Any sufficiently large company could simply build their own private army and enforce whatever "law" they wanted. Essentially, this would result in a Mafia society which would seem way worse (https://en.m.wikipedia.org/wiki/Mafia https://en.m.wikipedia.org/wiki/Mafia).