Which economic sector has the most volatility (meaning unpredictable): the private sector or the public sector?

[Sienna]

The state gets all its revenue by confiscating private property. Therefore the private sector is more volatile, because the state can and does literally send businesses broke and still continue itself. The state is, as the name suggests, more static. Why?

The reason is because the state is, by definition, that group in society claiming a legal monopoly of the use of force or threats of force. It it this fact that underlies its two great powers : jurisdiction and taxation. Jurisdiction is a claim of a legal monopoly of ultimate decision-making. Taxation is a claim of a legal monopoly of taking private property by coercion.

This enables the state to operate outside the market by doing what would be illegal if it didn't exempt itself. Everything it does is a crime if anyone else does it. All the money that a person or group earns it must earn by the *voluntary* payment of consumers. They will only pay voluntarily if they value what they get more than they value the money they pay.

But it's different with the state. They don't have to provide what the consumers of their services actually want. They can and do always get money, despite consumer dissatisfaction, by simply taking it. You have no choice whether to pay because taxation is by definition not a voluntary payment. If you don't agree, you'll be fined and if you still don't agree, you'll be imprisoned.

This is the critical fact that is obscured by talking about public and private economic "sectors".

The distinction is not between public and private. Public just means people. Yet the private sector provides goods and services for people just as much as the state sector. A bakery or a mechanic's workshop are still providing services to "the public". In fact the private sector does *more* service to the public because
a) the public value them more as is demonstrated by the fact that they pay for them *voluntarily*, (the fact you are forced to pay for the state's services proves that you value something else more highly) and
b) the private sector provides all the revenue on which the state feeds, without which the state would collapse.

So the proper distinction is not between "public" and "private", but between the productive voluntary sector - the market, and the coercive parasitic sector - the state.

The state is more static than the society it feeds on precisely because the purpose of the state is to exempt itself from the voluntary choices of its subjects. In other words, you have to pay for them to live at your expense, whether you want their "services" or not. Some service eh?