3 Minute Video – Plunder – What Is It & Who Does It?

 

Victim Of Yellow Vest Violence!  France is the home of Frederick Bastiat whose philosophy of economics and freedom is noted and summarized below.  Obviously, the leaders of France either never heard of Bastiat, or reject his philosophy out of hand.

In 1850, Frédéric Bastiat’s political theory was published in his work The Law. In this work, the Frenchman vigorously challenged what he believed to be a perversion of the real meaning of law and justice and called on his countrymen to seek true liberty that leads to prosperity.  In France today, the people’s liberty has been plundered – that’s thanks to socialism – hey AOC; check it out!!!

For the sake of brevity, his work can be distilled down to a few basic points in question-and-answer format:

Q. What is the purpose of law?

A. Organized justice.

Q. What is justice?

A. Use of the collective force (law) to secure persons, liberty, and property, maintaining each in its right.

Q. What is the perversion of law?

A. Legal plunder and any use of force for reasons beyond the purpose of securing persons, liberty, and property.

Q. What is legal plunder?

A. Use of the collective force (law) to take the property of some persons to bestow it on others.

Q. What motivates legal plunder?

A. Two very different things: naked greed and false philanthropy.

Q. What is the outcome of a government that persists in legal plunder?

A. A discontented populace ready for revolution.

Bastiat argued that a government has but three choices regarding its relationship to personal property rights:

1. The few plunder the many.

2. Everybody plunders everybody else.

3. Nobody plunders anybody.

We must make our choice among limited plunder, universal plunder, and no plunder. The law can follow only one of these three.

How do you know if your government practices legal plunder? He answers:

See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime.

In other words, if it would be a crime for me to enter your house and demand your money at the point of a gun so I can share it with the “poor,” there’s nothing that magically makes this moral simply because it’s done by a man wearing a badge.

What is morally wrong for me is morally wrong for government. What is ethically wrong for an individual is ethically wrong for a group of individuals (government).

A person free from plunder is free to prosper.

This means that plunder is ethically and morally wrong regardless of whether or not it is made legal under the auspicious but ambiguous rationale that it’s “for human flourishing.”

Bastiat came to a simple conclusion: economic justice means that my property is safe from the looting hands of any individual or collective entity—including government.

A person free from plunder is free to prosper.

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