According to the system of natural liberty, the sovereign has only
three duties to attend to ... first, the duty of protecting the
society from the violence and invasion of other independent societies;
secondly, the duty of protecting, so far as possible, every member of
the society from the injustice or oppression of every other member of
it, or the duty of establishing an exact administration of justice,
and thirdly, the duty of erecting and maintaining certain public works
and certain public institutions, which it can never be for the
interest of any individual, or small number of individuals, to erect
and maintain...

Adam Smith
The Wealth of Nations, Book IV, Chapter IX


On Oct 9, 12:08 pm, "M.A. Johnson" <[EMAIL PROTECTED]> wrote:
> Frank
>     Sorry, slow on the uptake there. This libertarian perspective that MJ
>     espouses, amounts to little more than advocating leaving the fox in
> <snip>
>
> MJ
> Why the need to continuously interject red herrings and attempt to
> redefine terms?
>
> Capitalism is the system in which people are free to use their private
> property without outside interference.
>
> Socialism, of course, REQUIRES that some "Intelligentsia" keep
> "everyone safe" ... although the RESULTS never do that.
>
> Regard$,
> --MJ
>
> Every citizen who has produced or acquired a product,
> should have the option of applying it immediately to his own
> use or of transferring it to whoever on the face of the earth
> agrees to give him in exchange the object of his desires. To
> deprive him of this option . . . solely to satisfy the convenience
> of another citizen, is to legitimize an act of plunder and to violate
> the law of justice. -- Frédéric Bastiat
--~--~---------~--~----~------------~-------~--~----~
Thanks for being part of "PoliticalForum" at Google Groups.
For options & help see http://groups.google.com/group/PoliticalForum

* Visit our other community at http://www.PoliticalForum.com/  
* It's active and moderated. Register and vote in our polls. 
* Read the latest breaking news, and more.
-~----------~----~----~----~------~----~------~--~---

Reply via email to