Premium Only Content
What is Legal Plunder in politics? Definition, Meaning, and Explanation
From Wikipedia: https://en.wikipedia.org/wiki/Legal_plunder
Legal plunder is a pejorative term used in right-libertarian thought to describe the act of using the law to redistribute wealth. This was coined by Frédéric Bastiat, most famously in his 1850 book The Law.
Right-libertarians have described many actions of governments as "legal plunder", including taxation, protectionism, and eminent domain.
Frédéric Bastiat advocated that the law should only serve to implement what he believed were preexisting natural rights: his person, liberty, and property. According to Bastiat, legal plunder is when the law "takes from some persons that which belongs to them, to give to others what does not belong to them."
Bastiat gave many examples of what he considered to be legal plunder:
Now, legal plunder may be exercised in an infinite multitude of ways. Hence come an infinite multitude of plans for organization; tariffs, protection, perquisites, gratuities, encouragements, progressive taxation, free public education, right to work, right to profit, right to wages, right to assistance, right to instruments of labor, gratuity of credit, etc., etc. And it is all these plans, taken as a whole, with what they have in common, legal plunder, that takes the name of socialism.
— Frédéric Bastiat, The Law 1850
-
LIVE
MTNTOUGH Fitness Lab
1 hour agoRandy Newberg's Shot of a Lifetime: The Intense 5-Second Window for a Trophy Ram | MTNT POD #91
155 watching -
LIVE
World Nomac
8 hours agoThe side of Las Vegas they don't want you to know about
154 watching -
DVR
TheSaf3Hav3n
2 hours ago| CALL OF DUTY: BLACK OPS 6 - NUKETOWN | GET IN HERE!! | #RumbleTakeOver |
9.65K -
LIVE
MissesMaam
5 hours agoMY FAVORITE ARTIST IS FINALLY IN FORTNITE 💚✨
136 watching -
2:02:34
The Quartering
3 hours agoTrump Tariffs Immediately Work, Thanksgiving Cost Insanity, Hollywood Actor In Psych Ward From Trump
75.3K23 -
36:54
Stephen Gardner
2 hours ago🔥I can't believe what Happened To Trump's insider pick!
16.9K31 -
27:59
LumpyPotatoX2
19 hours agoRumble Gaming Talk W/Chris Pavlovski & SilverFox - #RumbleGaming
36.9K7 -
1:50:13
vivafrei
5 hours agoInterview with Rumble CEO Chris Pavlovski - Rumble & Bitcoin? Shocking Stats From Florida & MORE!
87K12 -
59:02
Russell Brand
5 hours agoIs Free Speech Under Threat? Australia’s U16 Social Media Ban, & Maddow vs Jay Bhattacharya – SF501
130K267 -
1:15:23
TheMonicaCrowleyPodcast
2 hours agoThe Monica Crowley Podcast: Tears of Clowns
8.22K1