Walter Block - Hour 1 - Libertarian Philosophy & Anarcho-capitalism
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June 24, 2013
Walter Block is an Austrian school economist and anarcho-libertarian philosopher and Professor of Economics at Loyola University New Orleans and Senior Fellow with the Ludwig von Mises Institute. He is an author, editor, and co-editor of many books. Block has written more than 500 articles for various non-refereed journals, magazines and newspapers, and is a contributor to such journals as The Review of Austrian Economics, Journal of Libertarian Studies, The Journal of Labor Economics, Cultural Dynamics, and the Quarterly Journal of Austrian Economics. In the first hour, we'll discuss anarchism, free enterprise, ownership of property and the ideal Libertarian society. Walter explains the non-aggression principle, which government's violate. He also defines the idea behind Austrian economics and we briefly discuss Murray Rothbard. Then, we address the misconception that free enterprise or capitalism means war and imperialism or that capitalism is to blame for the downfall of the USA. The idea that the death toll would go up without government is also a fallacy, which we discuss. Block discusses private alternatives to everything from roads to police. He'll also explain why people are drawn to collectivism/socialism and why Libertarians only get 1% of the vote. At the end of the first hour, we discuss government control and regulation, economy, crony capitalism and fascism in America. In the second hour, we speak on security, government spying and terrorism paranoia. We also discuss bad services government provides and how private owned services would do the job better. Walter covers the good and bad of egalitarianism and we talk about the unfairness of wealth redistribution. We end the hour on Lysander Spooner's "Constitution of No Authority," and how it is not treason to disobey as we did not sign it!