Why not … hold that some persons have to bear some costs that benefit other persons more, for the sake of the overall social good? But there is no <i>social entity</i> with a good that undergoes some sacrifice for its own good. There are only individual people, different individual people, with their own individual lives. Using one of these people for the benefit of others, uses him and benefits others. Nothing more. … <i>He</i> does not get some overbalancing good from his sacrifice, and no one is entitled to force this upon him–least of all a state or government that claims his allegiance … and that therefore scrupulously must be <i>neutral</i> between its citizens.
– Robert Nozick, Anarchy, State, and Utopia [1974] |
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| March 6, 2023
Economic Liberty: A Right or a Privilege?
Ever since China began liberalizing its economy, it has become fashionable in some circles to suggest that China went “capitalist.” This was especially true as economic prosperity in the country began rising. Not only were Chinese businessmen becoming millionaires and even billionaires, the standard of living of the Chinese people generally was soaring. The Chinese experience confirms what libertarians and Austrian economists … |
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