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Bitcoin Out Loud: Anatomy of the State, by Murray N. Rothbard

THE Bitcoin Podcast

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The State: The Organization of the Political Means

The state provides a legal, orderly systematic channel for the predation of private property. Since the production must always precede predation, the free market is anterior to the state. The state has never been created by a social contract; it has always been born in conquest and exploitation. While force is their modus operandi, their basic and long-run problem is ideological. For an order to continue in office, any government, not simply a democratic government, must have the support of the majority of its subjects.

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