… coercion benefits one party only at the expense of others. Coerced exchange is a system of exploitation of man by man, in contrast to the free market, which is a system of cooperative exchanges in the exploitation of nature alone…. coercion leads only to further problems: it is inefficient and chaotic, it cripples production, and it leads to cumulative and unforeseen difficulties. Seemingly orderly, coercion is not only exploitative; it is also profoundly disorderly….coercion and government intervention lead inexorably to hegemony, conflict, exploitation of man by man, inefficiency, poverty, and chaos.
Murray N. Rothbard
Man, Economy, and State with Power and Market, p. 1025
PDF here: https://lbry.tv/@libertariantruther:0/Marxist-and-Austrian-Class-Analysis–by-Hans-Hermann-Hoppe:5
Hans-Hermann Hoppe, an Austrian School economist and libertarian/anarcho-capitalist philosopher, is Professor Emeritus of Economics at UNLV, Distinguished Senior Fellow with the Mises Institute, founder and president of The Property and Freedom Society, former editor of the Journal of Libertarian Studies, and a lifetime member of the Royal Horticultural Society.
LBRY / Odysee: https://odysee.com/@KeithKnightDontTreadOnAnyone:b/Exploitation:b
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