Who protects that freedom ? Suppose i own the police, because they are of course privatized and owned by unelected entities (me). I can tell them to arrest you or whatever just because I feel like it. Because there is no state providing justice, if you are not yourself powerful or well liked, I don't see where you'd get any recourse. Someone else can easily give you the only choice of indentured servitude for protection and this is not at all a novel pattern in human societies, it goes on all the time.