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In The Law, Bastiat states that "each of us has a natural right - from God - to defend his person, his liberty, and his property". The State is a "substitution of a common force for individual forces" to defend this right. The law becomes perverted when it punishes one's right to self-defense in favor of another's acquired right to plunder.
Bastiat defines two forms of plunder: "stupid greed and false philanthropy". Stupid greed is "protective tariffs, subsidies, guaranteed profits" and false philanthropy is "guaranteed jobs, relief and welfare schemes, public education, progressive taxation, free credit, and public works". Monopolism and Socialism are legalized plunder which Bastiat emphasizes is legal but not legitimate.
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About the Author:
Frederic Bastiat, who was born two hundred years ago, was a leader of the French laissez-faire tradition in the first half of the nineteenth century. He was influenced by Cobden's Anti-Corn Law League and became a convinced free trader. Joseph Schumpeter described Bastiat as "the most brilliant economic journalist who ever lived."
Language Notes:
Text: English (translation)
Original Language: French
Original Language: French
"About this title" may belong to another edition of this title.
- PublisherCreateSpace Independent Publishing Platform
- Publication date2010
- ISBN 10 1440446458
- ISBN 13 9781440446450
- BindingPaperback
- Number of pages82
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The Law
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CreateSpace
(2010)
ISBN 10: 1440446458
ISBN 13: 9781440446450
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Book Description Paperback. Condition: Brand New. 82 pages. 8.00x5.25x0.21 inches. In Stock. This item is printed on demand. Seller Inventory # 1440446458
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