Hold up, I thought we were talking about the state running things?
Why?
Of course everything has a central authority; this includes unions, churches, and corporations.
What do you mean, “of course”?
Though, we certainly don’t need the state for a black market to run its business.
If there weren’t a state, it would just be a “market”, not a black market. And as I said, black markets are controlled by the most wealthy and powerful in that market. They are the de facto state of the black market.
However, I guess it wouldn’t really be a black market if there wasn’t a state to declare things illegal 🤔.
Exactly, yes.
I absolutely agree with your second half though. The black market is a perfect capitalist example, and I believe it is an inevitable response to state authoritarianism
If you consider regulation authoritarian, sure. Or if you’re referring to the outlawing of drugs, I somewhat agree. Weapons trading is grey at best, though.