Friday, December 23, 2011

Minarchism - The State as Night Watchman

Minarchism (also known as minimal statism)[1] has been variously defined by sources. It is a libertarian capitalist political philosophy. In the strictest sense, it maintains that the state is necessary and that its only legitimate function is the protection of individuals from aggression, theft, breach of contract, and fraud, and the only legitimate governmental institutions are the military, police, and courts. In the broadest sense, it also includes fire departments, prisons, the executive, and legislatures as legitimate government functions.[2][3][4] Such states are called night watchman states.
Minarchists argue that the state has no right to use its monopoly on the use of force to interfere with free transactions between people, and see the state's sole responsibility as ensuring that transactions between private individuals are free. Minarchists generally advocate a laissez faire approach to the economy.
Wicki-pedia
The minarchist will admit the USA is kaput. Already, the boat is sinking and the water is chest high. Only the hopelessly optimistic would think to pack a suitcase.

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