In older monarchical systems, only a tiny elite was privileged to steal from everyone else, and if they stole too much, people would get angry and overthrow them.Jeffrey Tucker
Democracy solved the problem by granting everyone the privilege once reserved to elites. Now we can all steal from each other, and even from ourselves. This way, it is no longer clear who the enemy is. We don’t know whom to blame when things get bad. There is no one to overthrow but ourselves.
Markets and Wages (2) Fraud Forbidden - The first restriction on free markets is that fraud and deception are forbidden. They are considered to be theft, even if the transaction appeared to be fr...
6 hours ago