Power & Market

Rothbard on Our Debt to Society

In an earlier post, I noted Robert Nozick’s criticism of the view that the state may tax us because we are in part ‘social products’. Much of Nozick’s Anarchy, State, and Utopia reflects Rothbard’s influence, and this topic is no exception. As so often, Rothbard was there first, and Nozick did no more than restate his insights in more complicated fashion. In Power and  Market,  a work Nozick studied closely, Rothbard says: “It is precisely the process of the market by which the array of free individuals (constituting ‘society’) portions out income in accordance with productivity. It is double-counting to postulate a real entity ‘society’ outside the array of individuals, and possessing or not possessing ‘its’ own deserved share. If by  “organized society’ he [ the economist Henry M. Oliver] means the State, then the State’s ‘contributions’ were compulsory and hence hardly ‘deserved’ any pay.”

All Rights Reserved ©
What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. 

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member
Mises Institute