The 19th century French political theorist and economist Frederic Bastiat once warned that “when plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it.”
For Bastiat, the sole purpose of government was to protect the right of an individual to life, liberty, and property. As such, it is both dangerous and morally wrong for a government to interfere in an individual’s other personal matters. From this, Bastiat concluded that the law cannot defend life, liberty, and property if it promotes “legal or legalised plunder,” which he defined as using government force and laws to take something from one individual and give it to others.
This, unfortunately, is precisely what is happening in the world we live in today. Our governments and central banks are…
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