A libertarian political party can be created by changing one simple rule in the institution of a democratic party – each share of membership in the party is a form of property, and any single member can own as many shares as he desires, purchase or sell his shares, and exercise the right of selecting… [Read more…]
To achieve a libertarian society, there must be the constitution of an organization which is able to produce justice and security for its members. The constitution of a republic, or any society, is not based on contract but on agreement – the institution of a contract assumes a neutral arbitrator to whom the contract acts… [Read more…]
The Keynesian Paradigm states that, under conditions of lagging demand for goods, the state can run a budget deficit and borrow to create artificial temporary demand aimed at accelerating economic activity. This makes sense only under the confusion of public debt, which conceals half of the equation of a loan agreement. In reality, government borrowing… [Read more…]
The state is the great fiction through which everyone endeavors to live at the expense of everyone. - Claude Frédéric Bastiat, 1848 It is the confirmation that history rhymes that we find the need to make the same observation in 2011, the year in which, much like 1848, the mass of the people in many… [Read more…]
The economic calculation problem of socialism is similar to the problem of economic calculation under monopoly. However, the absence of private ownership under socialism adds an additional layer of chaos to socialism, which is exacerbated under democratic political competition. This is what makes monarchy preferable to democracy, yet inferior to a free market of security.… [Read more…]
Property is the right to exclude unwanted use and occupation of space. Larger and more central properties have gradually less exclusive policies. The state practices a large-scale, uniform residential policy which it codifies in immigration laws in order to expand its power. This suffers the failures of egalitarianism and creates antagonism between different cultures and… [Read more…]
The state system is a conspiracy between sovereign states to preserve each others’ monopolies of justice in their own lands. To break this system, a libertarian society must create the impression that the state’s agents are no longer exempt from the law and are vulnerable to outside force. This requires setting up security units as… [Read more…]
The modern state is a monster of enormous and unnatural size made possible by the concentration of power at its center. Because it is unnatural, it is impossible to reform it to freedom. Instead, libertarians must seek to colonize a country by creating a patchwork of secessionist free towns within the state, integrating them into… [Read more…]
The following excerpt from the compilation The Myth of National Defense introduces the theoretical concepts that will be used to construct a full strategy for liberation starting from the current world order and unfolding to a free world without legal monopolies. The essay is Secession and the Production of Defense by Jörg Guido Hülsmann. SECESSION AS… [Read more…]
Now that Stephan Kinsella has admitted that intellectual property is a negative servitude and has a legitimate precedent in property rights, the libertarian debate on intellectual property is all but closed. However, many libertarians continue to desperately cling to their fallacies, and so this document remains to guide them back to reason. Intellectual property rights… [Read more…]
While minarchist philosophers claim that the emergence of a state is inevitable and that therefore efforts must be concentrated towards establishing a “minimal state” to protect freedom, thorough analysis points to the inverse problem, that no minimal state can prevent its collapse to anarchy without compromising all of its laws and principles. A few years… [Read more…]
Natural property is not materially a product of the labor of man, however it is scarce to find and secure and quickly runs out, thus to be integrated into a division of labor economy it must be owned privately. The same applies to intellectual property from copyrights. It is impossible to argue against this without… [Read more…]
The pursuit of natural rights theory is a search for first principles that determine the unarguable right any human possesses at any time in any place. This idea cannot be transposed from theory to reality. In reality, rights only exist if they are enforced, and the enforcement of rights is limited by material scarcity. In… [Read more…]
The business cycle creates a disequilibrium in capital which in turn reduces employment. Stimulating demand may only stimulate those capital goods that are already fully employed. Without additional investment, no further job growth will take place. In any economy, employment is tied to capital goods. Robinson Crusoe may arrive on the island with barely clothes,… [Read more…]
Market prices are driven by supply and demand. Competition in a market is the freedom to increase the supply. Markets that are oversupplied may create a situation where prices are so low that no firms can earn profits increasing the supply, or only one gigantic firm can. This is not a monopoly situation, while a… [Read more…]
Banking capital is earned through success in entrepreneurial investment. Bankers are long-established capitalists who can pick out which entrepreneurs are most likely to succeed in the banker’s specialty. Modern banking does not rely on capital, but on unlimited government-backed credit, through which incompetent capitalists take over all capital in the economy and ruin it. In… [Read more…]
Roads are not a market good but an intermediate good in the production of land for rent. This is traditionally the state’s business. The abolition of the state is impossible without destroying this enterprise. However, the creation of a free market of states will make roads competitive. The state is not an evil in itself,… [Read more…]
Power is the use of force to injure someone without being retaliated against. States cultivate power by making themselves invulnerable to retaliation. The key to restoring freedom is to make the state vulnerable to a society independent within its borders. To answer a frequent question such as “why wouldn’t a gang take over” it is… [Read more…]
January 9, 2012
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