What about a democratically elected state that creates wealthy warlords with tax dollars and then wages war on their behalf?

Interesting that you see a difference. Who do you think the democratically elected are? "Wealthy ..."

Its telling that you don't see a difference.

And An-Caps never seem to understand why nobody takes them seriously.

I'm not an anarchist myself. But what exactly do you think we have now, in many Western countries? There is more than one way to end up with a Rumsfeld or Cheney in power.

I'm actually sympathetic to your viewpoint, but there is a very real difference between hereditary despots-for-life and imperfectly-constitutionally constrained, term-limited assholes-in-chief.

Indeed. I fear though that one is a stepping stone to the other.