www.lewrockwell.com This talk was delivered at the Costa Mesa Mises Circle on Society Without the State, November 8, 2014.
The term “anarcho-capitalism” has, we might say, rather an arresting quality. But while the term itself may jolt the newcomer, the ideas it embodies are compelling and attractive, and represent the culmination of a long development of thought.
If I had to boil it down to a handful of insights, they would be these: (1) each human being, to use John Locke’s formulation, “has a property in his own person”; (2) there ought to be a single moral code binding all people, whether they are employed by the State or not; and (3) society can run itself without central direction.
What is libertarianism?
If you ask ten people this question, you might get ten different answers. Those of us who have been studying it the longest, those of us who follow its concepts through to their ultimate logical conclusions, will tend to agree that libertarianism is the belief in a concept known as the non-aggression principle. That aggression, or initiatory force and fraud are impermissible, and may be responded to with defensive force, while all else is permissible, and may not have force used against it.
Ron Paul‘s nonprofit Campaign for Liberty will fight the Internal Revenue Service’s demand that it reveal its donor list to the agency, despite having already been fined for refusing to do so.
The explosive growth in the number of converts to libertarianism since Ron Paul first ran for president is one of the most exciting developments of my lifetime. But I’d like to issue a note of caution.
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