Briefly, the State is that organization in society which at… - Murray N. Rothbard

" "
Briefly, the State is that organization
in society which attempts to maintain a
monopoly of the use of force and violence in a given territorial area; in particular, it is the only
organization in society that obtains its revenue not by voluntary contribution or payment for
services rendered but by coercion.

Murray N. Rothbard

English

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About Murray N. Rothbard

Murray Newton Rothbard (2 March 1926 – 7 January 1995) was an American economist of the Austrian School, an historian of both economic thought and American history, and a political philosopher whose writings and personal influence played a seminal role in the development of modern libertarianism. Rothbard was the founder and leading theoretician of anarcho-capitalism, a staunch advocate of natural law, and a central figure in the twentieth-century American libertarian movement. He was the author of over twenty books on anarchist theory, history, economics, and other subjects.

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The very term ‘public utility’ … is an absurd one. Every good is useful ‘to the public,’ and almost every good … may be considered ‘necessary.’ Any designation of a few industries as ‘public utilities’ is completely arbitrary and unjustified.

There is no gainsaying the fact that this suggested program will strike most people as impossibly “radical” and “unrealistic”; any suggestion for changing the status quo, no matter how slight, can always be considered by someone as too radical, so that the only thoroughgoing escape from the charge of impracticality is never to advocate any change whatever in existing conditions. But to take this approach is to abandon human reason, and to drift in animal- or plant-like manner with the tide of events.

The General Theory was not truly revolutionary at all but merely old and oft-refuted mercantilist and inflationist fallacies dressed up in shiny new garb, replete with newly constructed and largely incomprehensible jargon.

Briefly, the State is that organization in society which attempts to maintain a monopoly of the use of force and violence in a given territorial area… - Murray N. Rothbard

About Murray N. Rothbard

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