ViennaSausage:
Stranger:Okay. How is the law established?
Assuming the republic stood true to being a republic, they would be "God-Given" inalienable rights. The reason I ask the initial question is to seek opinions on the various forms of government, which would be better, which would be worse. Hoppe suggests that although he does not necessarily support Monarchy, he sees it as a better alternative than a Democracy and Republic. I would conjecture that some Austrians see it the other way around. Curious to see how the folks on this board see it. I thought framing in the doomed earth scenario would be more fun than just saying blatantly,
I have mixed feelings about that matter. I think Hoppe brings up some excellent points against democracy but isn't hard enough on monarchy and perhaps he overlooks certain ways in which monarchy may be more dangerous. Mises seemed to be more in favor of democracy, although he doesn't always use the term in the political sense, but some of his statements strike me as naive about democracy. And as far as a Republic goes, I'm inclined to suggest that it's a non-existant "3rd way" that attempts to be a balance between democracy and monarchy without being either of them, and in practise is just a limited or watered down democratic oligarchy. As far as the concept of "the rule of law" goes, a Republic is a fiction because law does not rule all on its own independantly from the creation, interpretation and application of men.
I think that in their actual manifestations, all three systems are coercive oligarchies and the differences are only a matter of degree, with democracy being the most expansive oligarchy and monarchy being the most limited in terms of membership and overall access to the institution. I think that the particular danger of monarchy is that it can be more direct in a bad sense and it seems more sustainable, while the particular danger of democracy is the majoritarianism problem and the inherently indirect nature of political democracy. So-called Republics will have a tendency to devolve into either democracies or dictatorships, or a dictatorship as a consequence of democracy. Overall, I don't favor any of them as political systems. Of course, I don't favor any formal political "systems" to begin with.