Objective Law vs. Legal Plunder

Posted by mshupe 5 years, 8 months ago to Economics
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Bastiat is explaining that government is by definition, force. Government cannot regulate the economy or transfer wealth without organizing injustice “to accomplish the general welfare by general plunder.” This is his lure of socialism, it is generalized; and this is the postmodern philosophy of today’s administrative state, what Bastiat would describe as “philanthropic tyranny.”


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  • Posted by 5 years, 8 months ago
    Bastiat lived in a time of religion being the source of morality and classical economics labor theory of value. Yet he was indispensable in the formation of classical liberal thinking and Austrian economics. Of course this was before Ayn Rand.
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