Under capitalism, a government is an agency with a monopoly on the use of physical force used to protect individual rights.


The purpose of government is to protect the individual’s right to life, by banning the initiation of physical force.

Economic and Political Power

Economic power is the positive power to create and trade values; political power is the negative power to expropriate and destroy them.

Role of Government

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.

Lobbying and Cronyism

Under laissez-faire capitalism, there would be no buying of political favors from politicians because politicians would not have any favors to offer.