The Nature of the Beast

September 6, 2017

“Governmental power is the faculty to beat into submission all those who would dare to disobey the orders issued by the authorities. . . .  Every governmental action is backed by constables, prison guards, and executioners. . ..  Civil government enforces its commandments by resource to violence or the threat of violence.”

Ludwig von Mises

In sharp contrast, under free-market capitalism “power” results from customer service: The more customers you make happy, the more money you make.  You can tell the wealthiest capitalist in the world — Bill Gates — to keep his Microsoft computer and go play in the traffic if you are an Apple user.  But if you say the equivalent of that to the IRS they will send men with guns into your home to apprehend you and they will force you to live in a cage for seven or eight years.  They will beat you into submission for your failure to obey their orders.  It’s sometimes pleasantly called “democracy.”

Share

The Best of Thomas DiLorenzo

Dr. Thomas DiLorenzo [send him mail] is a former professor of economics at Loyola University Maryland and a longtime member of the senior faculty of the Mises Institute. He is the author or co-author of eighteen books including The Real LincolnHow Capitalism Saved AmericaLincoln UnmaskedHamilton's CurseOrganized Crime: The Unvarnished Truth About GovernmentThe Problem with Socialism; and The Politically-Incorrect Guide to Economics