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

THE Bitcoin Podcast

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The Antagonism of the State

The state is apprehended as a separate and autonomous corporation, mainly devoted to exploiting the population. The concept of parliamentary democracy began as a popular check upon absolute monarchical rule. It ended with Parliament being the essential part of the state, and its every act totally sovereign. As Bertrand de Juvenel has sagely pointed out, through the centuries men have formed concepts desired to check and limit the exercise of state rule.

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