… a land without a settled government, whether criminally anarchic or anarcho-capitalist, is almost impossible for an external power to occupy and govern. For there is no political infrastructure, no settled government to whom the occupying imperial power can transmit orders.
Murray N. Rothbard
Irrepressible Rothbard, p. 192
0:00 – Quote from Machinery of Freedom
1:01 – How would you define capitalism, and why is it morally superior to socialism?
5:26 – Why is it important to have an understanding of property?
9:10 – Why should the poor advocate capitalism/free markets?
22:45 – Does market failure justify a state?
35:24 – Does the “capitalist” exploit the consumer and worker via iPhone?
40:10 – Does freedom include positive rights? – Freedom vs. Power
47:46 – Inequality
48:23 – Define government
50:02 – Define anarchism
50:42 – Would anarchy lead to chaos? (spontaneous order)
51:44 – Best examples of stateless societies?
55:14 – What about monopolies?
56:33 – Without government the poor would die from poverty
58:09 – Law’s Order – Most important message
59:08 – Biggest criticism of the Austrian school of economics?
1:01:37 – Most important thing you learned from…….
One Book for everyone to read
Milton Friedman, your father