The Contradictions of Statism | The Hillebrand Series | Episode 9 (WiM068)
The "What is Money?" Show
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The State Is Losing Again, Right?
A free market actor can defend against sporadic criminal activity, like being robbed or things like this. But when the political means of wealth acquisition is systemized, as oppenheimer says, you cannot insure against that. The further we move along that continuum towards inviolable property,. the state is losing its capacity to draw those lines around theqornenqt, white market and black market. Because it's just less relevant,Less able to coerce, less able to generate revenues, therefore, it's a smaller enterprise.
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