Roman Skaskiw http://romaninukraine.com http://romanskaskiw.com/blog Ludwig Von Mises Institute: http://mises.org http://mises.org.ua Property, Government & Democracy Who owns your body? Austrian School of Economics http://mises.org http://mises.org.ua Ludwig Von Mises Murray Rothbard Hans Hermann Hoppe Summary • A Theory of Property Rights • Short Film – Philosophy of Liberty • Democracy • Anarcho-Capitalism Who owns your body? Drugs? Prostitution? Selling a kidney? Two Methods of Property Ownership • Homesteading • Voluntary Exchange Public “Property” • Violates theory of Property • Source of Conflict • Requires Violence Two Principles for Privitization • Return to taxpayers via vouchers • Homesteading Philosophy of Liberty Video Democracy! Democracy!!! President H. W. Bush, 1994: “Ultimately, the best strategy to ensure our security . . . is to support the advance of democracy elsewhere. Democracies don't attack each other.” Margaret Thatcher, 1990: “Democracy . . . from the United States to the Far East . . . would give us the best guarantee of all for security – because democracies don't go to war with one another.” (American Civil War???) Democracy!!! Founding Fathers on Democracy John Adams: Democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide. Thomas Jefferson: A democracy is nothing more than mob rule, where 51% of the people may take away the rights of the other 49%. James Madison: Democracies have ever been spectacles of turbulence and contention; have ever been found incompatible with personal security or the rights of property; and have in general been as short in their lives as they have been violent in their death. James Madison: Democracy was the right of the people to choose their own tyrant. John Quincy Adams: The experience of all former ages had shown that of all human governments, democracy was the most unstable, fluctuating and short-lived. Quotes about Democracy Hyppolyte Taine, Origines de la France contemporaine, 1880s: One puts in the hands of each adult a ballot, and on the back of each soldier a knapsack, with what promises of massacre and bankruptcy for the Twentieth Century. Hoffman & Nickerson, The Armed Horde, 1793-1939, 1940 Democracy vs. Monarchy Democracy vs. Monarchy • • • • Nature of War Xenophobic Nationalism Selection of leaders Long term vs. short term The State as a Monopoly on Justice and Force Division of Power • Medieval Germany • Voting with your feet • Competition of Justice and Force De Soto's Political & Economic Philosophy Chart Government Yes Yes Private Property Rights No No Government Yes Yes Private Property Rights No Socialists No Government Yes Yes Private Property Rights No Fascists Socialists No Government Yes No Yes Private Property Rights Anarchists No Fascists Socialists Government Yes No Yes Private Property Rights No Fascists Socialists AnarchoCommunists Government Yes No Classical Liberals Yes Private Property Rights No Fascists Socialists AnarchoCommunists Government Yes No Classical Liberals Yes Private Property Rights Social Democrats No Fascists Socialists AnarchoCommunists Government Yes No Classical Liberals Yes Private Property Rights Social Democrats No Fascists Socialists AnarchoCommunists Government Yes No Classical Liberals Yes Private Property Rights Social Democrats No Fascists Socialists AnarchoCommunists Government Yes Classical Liberals No AnarchoCapitalists Yes Private Property Rights Social Democrats No Fascists Socialists AnarchoCommunists Summary Summary • • • • Self-ownership Theory of Property Ownership Democracy vs. Division of Power Consider Private Security and Private Justice