Government
The purpose of government is to protect the individual’s right to life, by banning the initiation of physical force.
The purpose of government is to protect the individual’s right to life, by banning the initiation of physical force.
Under capitalism the government is banned from initiating force.
A proper government consists of a military, a police force, and a court system.
Economic power is the positive power to create and trade values; political power is the negative power to expropriate and destroy them.
Under capitalism, the government’s job is to protect individual rights as a referee, not to regulate their affairs as a dictator.
In today’s mixed economies, the removal of taxation would be the last step to implement in the transition to a 100% capitalist society.
“The public interest, c’est moi!”
Under laissez-faire capitalism, there would be no buying of political favors from politicians because politicians would not have any favors to offer.