The Syndic by C.M. Kornbluth

There have been a thousand tales of future Utopias and possible civilizations. They have been ruled by benevolent dictatorships and pure democracies, every form of government from extreme right to absolute left. Unique among these is the easy-going semi-anarchistic society ruled by THE SYNDIC.

Charles Orsino was learning the business from the ground up -- even though "up" would never be very high. He had in his veins only a drop or two of Falcaro blood: enough so that room had to be made for him; not enough for it to be a great dearth of room. Counting heavily on the good will of F. W. Taylor, who had taken a fancy to him when he lost his parents in the Brookhaven Reactor explosion of '83, he might rise to a rather responsible position in Alky, Horsewire, Callgirl, recruitment and Retirement or whatever line he showed an aptitude for. But at 22 one spring day, he was merely serving a tour of duty as bagman attached to the 101st New York Police Precinct. A junior member of the Syndic customarily handled that job; you couldn't trust the cops not to squeeze their customers and pocket the difference.