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IPFS News Link • Philosophy: Libertarianism

The Great Fictitious Entity

•, by Jacob G. Hornberger

Bastiat was one of the first libertarian writers I came across when I discovered libertarianism. At the time, I was a liberal (i.e., progressive). I genuinely believed that it was the role of government to help people, especially the poor and needy.

For the life of me, I couldn't understand why anyone would object to government's giving money or other assistance to poor people. it was the government's money, after all. Why shouldn't an entity do whatever it wants with its own money. If a private company decided to give some of its money to the poor, how could anyone object, given that it's the company's own money?

Bastiat helped me to see reality.

The government is not like a private company. A private company gets its money by selling goods and services that people are willing to purchase on a voluntary basis. The government gets its money by force, through taxation. It seizes a portion of people's income to fund its operations. If people resist, the government initiates force against them.