The Monopolization and Collectivization of the Security Industry
Molinari describes how coercive control over defense led to the familiar abuses of taxation, war, and the suppression of individual liberty.
Molinari describes how coercive control over defense led to the familiar abuses of taxation, war, and the suppression of individual liberty.
Molinari draws a parallel between monopoly and communism, arguing that both represent departures from the principle of free competition.
Molinari frames this choice as the central political question that determines whether a society will be free or oppressed.
Molinari confronts the common objection that security is somehow different from other goods and must be exempted from market provision.
Molinari applies the general principle of free competition directly to the provision of security services.
Molinari argues that the division of labor and voluntary cooperation form the natural basis of social organization.
Molinari opens by establishing that humans have a fundamental need for security of their persons and property.
Rothbard introduces Molinari's essay as a pioneering work that took free-market principles to their logical conclusion by questioning the state's monopoly on defense.
There are fuel protests in Ireland, which are not surprising given the havoc Trump’s Iran war has caused in oil markets. They also should be protesting against the government policies that make the situation worse.
A third of all dollars in existence were created since 2020. The money supply just hit a 44-month growth high. The Fed calls this "restrictive." Ryan McMaken calls it something else.