Mises Institute

The Meaning of Revolution

Nov 13, 2025
Murray N. Rothbard, an influential economist and political theorist from the Austrian School, explores the multifaceted nature of revolution beyond just street battles. He highlights various revolutionary figures, from pamphleteers to agitators, emphasizing their roles in catalyzing change. Rothbard discusses the historical impact of classical liberalism on society and critiques socialism as a reactionary force. He advocates for libertarianism as the genuine radical path to achieve true revolutionary goals, providing a fresh perspective on liberty and activism.
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INSIGHT

Revolution Is A Broad, Long-Run Process

  • Revolution is a long, complex process that includes many roles beyond street battles.
  • Murray Rothbard emphasizes pamphleteers, journalists, organizers, theorists, and philanthropists as essential revolutionaries.
ANECDOTE

Classical Radical Movement Changed History

  • The classical liberal/radical movement of the 17th–19th centuries transformed Western history and ended widespread despotism.
  • Rothbard credits that multi-century movement with bringing progress, hope, and modern living standards to the masses.
INSIGHT

Ideas Fueled Gradual Revolutionary Change

  • Intellectuals and activists — theorists, philosophers, journalists, and radicals — blended ideas into activist movements over centuries.
  • Occasional violent uprisings were only part of a broader intellectual and organizational progression toward liberty and industrial prosperity.
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