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Democracy: The God That Failed

Book by Hans-Hermann Hoppe · 3 quotes · Anarcho Capitalism, Austrian School Of Economics, Egalitarianism

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Democracy: The God That Failed Quotes

“All redistribution, regardless of the criterion on which it is based, involves "taking" from the original owners and/ or producers (the "havers" of something) and "giving" to nonowners and nonproducers (the "nonhavers" of something). The incentive to be an original owner or producer of the thing in question is reduced, and the incentive to be a non-owner and non-producer is raised. Accordingly, as a result of subsidizing individuals because they are poor, there will be more poverty. By subsidizing people because they are unemployed, more unemployment will be created. Supporting single mothers out of tax funds will lead to an increase in single motherhood, "illegitimacy," and divorce.”

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Book:Democracy: The God That Failed
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