Archive for libertarian class theory

Exploring Libertarian Class Theory

8332829134_9686d1f1dc_zI run an Austro-libertarian seminar at Loyola University. We meet on Friday afternoons usually twice a month during the academic year (if you want to be notified of these events, e mail me at wblock@loyno.edu, and I’ll put you on my list). At a past meeting I happened to mention libertarian ruling class theory. Many of my students were appalled at me, some of the more brazen ones even accused me of going over to Marxism. Yes, of course, we libertarians reject Marxian ruling class theory, based on the exploitation of labor in the free enterprise system. Silly. Read Mises, Rothbard and Bohm-Bawerk on this. But let’s not throw out the baby with the bathwater. There is also such a thing as libertarian class theory. In sharp contrast, it is based on the exploitation of innocent people by those who violate the libertarian non aggression principle (NAP). I think most readers of this blog are a bit more sophisticated about this issue. However, even those might appreciate this bibliography I have put together on this subject:

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