Hypothesis: Though it fails at its professed aims of improving people's lives, is unbelievably inefficient, and destroys natural incentives for individuals to organize themselves, the state is a masterstroke of social organization.
My hypothesis sounds counter to what Austrian economics and anarcho-capitalist theory claims. But my hypothesis assumes that the success of the state is not founded on its ability to provide anything to anyone that is a subject to or member (elector) of it, but success is founded on the amount and quality of the resources, people, and production that the state can command. That sounds counter to the most basic definition of success for a private enterprise - return on investment, usually calculated in monetary value. But the most important return on investment for the state is power.