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Debunking Left & Right Wing Socialism (feat. Dave Smith)

by | Dec 30, 2022

There exist two blatant contradictions which roughly ninety-nine percent of intellectuals, journalists, and voters erroneously believe.

On the one hand, they say that the free market must be regulated in order to prevent monopolies. It is assumed that these monopolies would have such great power over the market that their customers would be forced to settle for products far more expensive than, and inferior to, those that would be offered under competitive market conditions. On the other hand, these intellectuals, journalists, and voters explicitly advocate that one group (government) monopolize the money supply, policing, courts, taxation, legislation, compulsory education, and a myriad of other things that we may consider to be vitally important.

Second, the vast majority of people recognize the moral legitimacy of the biblical commandments “Thou Shalt Not Steal” and “Thou Shalt Not Murder.” Yet, when it comes to the practices of taxation and war, these principles are blatantly disregarded by almost everyone. If taxation is not theft, why can only governments do such a thing? Why not simply allow all organizations, companies, clubs, churches, or individuals to issue taxes?

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Keith Knight

Keith Knight

Keith Knight is Managing Editor at the Libertarian Institute, host of the Don't Tread on Anyone podcast and editor of The Voluntaryist Handbook: A Collection of Essays, Excerpts, and Quotes.

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