Legal plunder
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Legal plunder,[1] in the thought of the economist Frédéric Bastiat, is the act of a state taking property without consent to be transferred to others.[2]
The legal plunder in the thought of Frédéric Bastiat
Frédéric Bastiat thougt that the law the law can only implement only the individual rights: personality, liberty ed and property.[3]
So, if the law goes against the person, liberty, property, it becomes perverse as it goes against the rights that should be protected.[4]
For him The law is the organization of the natural right of lawful defense.
Then he sees a government intervenes as little as possible in the sphere of people, liberty and property.
Every citizen is therefore responsible for his fortune or his failures.
See also
- Bribery
- Broken window fallacy / Parable of the broken window
- Cartel
- Client politics
- Competition law
- Crony capitalism
- Domain troll
- For-profit education
- Landed gentry
- Law of rent
- Occupational licensing
- Patent troll
- Political corruption
- Political economy
- Public choice theory
- Regulatory capture
- Rent-seeking
- Patent
- The Logic of Collective Action
- White elephant
References
- ^ David Hart. "Frédéric Bastiat on Legal Plunder". Retrieved 2014-04-30.
- ^ David Hart. "Frédéric Bastiat on Legal Plunder". Retrieved 2014-04-30.
the State (which he often wrote as THE STATE) is a vast machine that is purposely designed to take the property of some people without their consent and to transfer it to other people.
- ^ Frédéric Bastiat. "The law" (PDF). Retrieved 2015-03-29.
p. 2 - If every man has the right of defending, even by force, his person, his liberty, and his property, a number of men have the right to combine together to extend, to organize a common force to provide regularly for this defense
- ^ Frédéric Bastiat. "The law" (PDF). Retrieved 2015-03-29.
p. 3 - For who will dare to say that force has been given to us, not to defend our rights, but to annihilate the equal rights of our brethren? And if this be not true of every individual force, acting independently, how can it be true of the collective force, which is only the organized union of isolated forces?
Bibliography
- Frédéric Bastiat (2007). The Law (PDF). Ludwig von Mises Institute. ISBN 978-1-933550-14-5.