Democracy allows for A and B to band together to rip off C. This is not justice, but a moral outrage.
Hans-Hermann HoppeAll the impoverishing effects of socialism are with us in the U.S.: reduced levels of investment and saving, the misallocation of resources, the overutilization and vandalization of factors of production, and the inferior quality of products and services.
Hans-Hermann HoppeOne-man-one-vote combined with "free entry" into government-democracy--implies that every person and his personal property comes within reach of-and is up for grabs by-everyone else: a "tragedy of the commons" is created.
Hans-Hermann HoppePublic officials are permitted to finance or subsidize their own activities through taxes. That is, they are permitted to engage in and live off, what in private dealings between private law subjects is prohibited and considered 'theft' and 'stolen loot.'
Hans-Hermann HoppeContrary to any claim of a systematically โneutralโ effect of taxation on production, the consequence of any such shortening of roundabout methods of production is a lower output produced. The price that invariably must be paid for taxation, and for every increase in taxation, is a coercively lowered productivity that in turn reduces the standard of living in terms of valuable assets provided for future consumption. Every act of taxation necessarily exerts a push away from more highly capitalized, more productive production processes in the direction of a hand-to-mouth-existence.
Hans-Hermann HoppeIf an agency is the ultimate judge in every case of conflict, then it is also judge in all conflicts involving itself. Consequently, instead of merely preventing and resolving conflict, a monopolist of ultimate decision making will also cause and provoke conflict in order to settle it to his own advantage. That is, if one can only appeal to the state for justice, justice will be perverted in the favor of the state, constitutions and supreme courts notwithstanding.
Hans-Hermann Hoppe