Owing to the substitution of government paper money for gold, financial insecurity has increased sharply, and we are continually robbed through currency depreciation. Government debt and liabilities have increased without interruption, thus increasing the need for future expropriations. In order to provide us with all this protection, the state managers expropriate more than 40 percent of the incomes of private producers year in and year out. In fact, however, matters are strikingly different. We are supposedly protected from global warming and cooling, from the extinction of animals and plants, from the abuses of husbands and wives, parents and employers, from poverty, disease, disaster, ignorance, prejudice, racism, sexism, homophobia, and countless other public enemies and dangers. According to the pronouncements of our state rulers and their intellectual bodyguards (of whom there are more than ever before), we are better protected and more secure than ever.1.4 The Economics and Ethics of Private Property (1993).1.3 Democracy: The God That Failed (2001).1.2 A Theory of Socialism and Capitalism (1989).
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