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Entertaining Read, Libertarian/Anarchist Viewpoint
on February 4, 2014
I have enjoyed Rothbard's "History of Money and Banking in the United States" and this volume also provides extensive details about the major events of the 20th century, up to the early 1980s (publication date: 1984). I do have a few reservations.
Rothbard is an anarchist - his belief system is "No Government, period." His writings tend to fall into the Libertarian viewpoint, but he represents the extreme end of that perspective.
With respect to the Cold War era, a lot of the episodes start with something like this: "After (some foreign leader) nationalizes (some large company's property), (some Morgan- or Rockefeller-allied individual) pushed the United States government to violence."
Rothbard's Libertarian/Anarchist views tell him that even though the use of force involved in "nationalizing" the property of a company necessarily must be bad, the United States government cannot intervene with its own use of physical force. This is a core failure of Libertarianism - that American property can be stolen and the American government should just stay out of the problem.
Nationalization = Theft. Rothbard refuses to recognize this fact. While the US Government's reactions to nationalized properties are brutal and in many instances unforgivable, Rothbard's belief that the US Government should take no action is disgusting.
Again, lots of interesting information, but read it with a skeptical eye, and keep Rothbard's viewpoint in mind.